PIA is an Attempt to Overhaul the Oil and Gas Industry- Fabunmi, GM Operations, Asiko Energy The Petroleum Act (PIA) 2021 has been described as one of the most audacious attempts to overhaul the petroleum industry. Busayo Fabunmi, General Manager, operations, Asiko Energy Holdings Limited said this at the just concluded annual International Strategic Conference…
Oando Boss Calls for Regional Cooperation for a Just Energy Transition At the recently concluded Africa Oil Week, in Cape Town, South Africa , Chief Operating Officer, Oando Energy Resources, Dr. Ainojie Irune called for regional cooperation amongst African nations to accelerate the continent’s energy transition. He said “For African countries, the energy transition presents…
Qatar and Shell Sign 27-Year Deal to Supply LNG to the Netherlands QatarEnergy and Shell have signed two long-term LNG deals to supply LNG from Qatar to the Netherlands for 27 years starting in 2026 when Qatar’s first export expansion projects are expected to come online. Under the sale and purchase agreements, Qatar and Shell…
Iran’s Call for Oil Embargo on Israel Falls On Deaf Ears in OPEC+ The OPEC+ group doesn’t plan to take any immediate action in the wake of the Iranian call for Islamic countries to impose an oil embargo on Israel over the war with Hamas in Gaza, OPEC+ sources told Reuters on Wednesday. Earlier in…
Oando Wins ESG Company of the Year Award at African Energy Award 2023 Oando, Nigeria’s leading indigenous energy solutions provider bagged the award for ESG Company of the Year at the ongoing African Energy Week in Cape Town, South Africa. The award recognises the company’s strides in investing in climate-friendly and bankable energy solutions across…
WIEN Requests Tinubu to Embrace Gender Diversity, Inclusion Foremost gender advocacy group in the energy industry, Women in Energy Network (WIEN), has requested President Bola Ahmed Tinubu to embrace gender equity and inclusion in meeting the 35 percent inclusion policy on key government appointments. The group which promotes affirmative action and gender equity for…
Programme Unveiled for Eighth SAIPEC 2024 The Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC), hosted by PETAN will once again return to the Eko Convention Centre, Lagos, 13 – 15 February 2024 for its 8th edition, with billions of dollars of project opportunities across Africa being showcased throughout. SAIPEC, with local content at…
Local Content is Africa’s Route to Economic Development- Exec Sec NCDMB African nations seeking to achieve economic prosperity must develop local capabilities to process, utilize, and export their resources as a means of powering their growth and development, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote said…
Schneider Electric Issues Industry-First Blueprint for Optimizing Data Centers to Harness the Power of Artificial Intelligence Data Centers Must Adapt Physical Infrastructure Design to Meet Evolving Needs in the Era of Artificial Intelligence (AI) Disruption Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the launch of an industry-first…
US drillers add most oil rigs in a week since March – Baker Hughes U.S. energy firms this week added the most oil rigs since March, boosting the oil and gas rig count for the first time in four weeks, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday. The…