Nigeria Lawmakers Waiting On Dangote Refinery The House of Representatives has said that there is no going back on the removal of subsidy as the completion of the Dangote Refinery is what is holding back its removal. According to Honourable Adebayo Balogun, representing Ibeju Lekki Federal Constituency said that Subsidy will be removed as soon…
Wike Commends Army over Fight against Oil theft, Other Criminalities Rivers State Governor Nyesom Wike has applauded the Nigerian Army, Six Division Port Harcourt for their efforts in curbing crimes and criminality in the state, particularly illegal oil bunkering activities. Wike particularly extoled the General Officer Commanding, Six Division for efforts put in place since…
EGYPS 2023 Conference Highlights Egypt’s Role as an Important Strategic Hub Cairo, Egypt, 6 February 2023 – Christopher Hudson, President of dmg Events, confirmed that the Egypt Petroleum Show (EGYPS 2023) in its sixth edition, has global prominence, and highlights Egypt’s leadership role as an important strategic hub. EGYPS 2023 taking place from 13-15 February is hosted under…
Participation for SAIPEC 2023 grows with further attending delegations confirmed from Namibia, Guyana, Senegal and Tanzania and other countries across the globe The seventh edition of the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC), hosted by the Petroleum Technology Association of Nigeria (PETAN) will return to the Eko Convention Center, Lagos next month (13-17…
African refineries: why 2023 will be a transformational year for Africa’s fuel supply security By: Hawilti 2022 has been a point of no return for sub-Saharan Africa’s downstream industry and the continent is poised to witness significant transformations in its fuel supply security this year, shows a new Hawilti report. Africa imports over half of…
Imo Univ Awards Wabote Doctor of Science, Celebrates Accomplishments For his excellent contributions to the growth and transformation of the Nigerian oil and gas industry and the towering leadership he has provided for the development of local content in Nigeria and Africa, the Executive Secretary of the Nigerian Content Development and Monitoring Board, Engr. Simbi…
CISLAC Sensitizes Host Communities on Host Community DTF The Civil Society Legislative Advocacy Centre, CISLAC, has sensitized oil and gas host communities in the Niger Delta on the Host Community Development Trust Fund, a component of the Petroleum Industry Act, in order to enable them benefit from resources extracted from their communities. Executive Director of…
Global Energy Transition Fuels Boom in Specialty Steel Demand New-age steel technologies are exclusive to a select few nations around the world. For this reason, they can only be acquired with significant domestic R&D expenditures or from those countries that already possess them. Either way, these technologies are critical for producing specialized steel products. Among…
195 Pump Price: Showdown looms as fuel marketers plan lockdown, Monday There are strong indications that Independent marketers of Premium Motor Spirit (PMS), popularly called petrol, plan a lockdown on their operations beginning Monday once the government starts enforcing the N195/litre pump price. It was gathered on Saturday that the Nigerian National Petroleum Company Limited…
Ukraine War: Russia’s Oil and Gas Revenues Slump 46% Russia’s budget revenues from oil and gas plunged in January by 46% compared to the same month last year due to the sanctions on Russian oil exports, which led to a slump in the price of Russia’s flagship crude grade. Russian budget revenues from energy sales…