Kuala Lumpur —Disruptive forces and the rapid changes in technology breakthroughs are driving fundamental structural changes within the global energy industry. How does the oil and gas business prepare for what will be a new energy future? The 20th Asia Oil and Gas Conference (AOGC) which is due to open at the Kuala Lumpur Convention…
As SEC, Oando Begin Legal Fireworks Justice Ayokunle Faji of the Federal High Court in Lagos will on Monday, June 24, 2019, begin hearing of arguments between the lawyers of sacked Group Managing Director of Oando Plc, Jubril Adewale Tinubu and his long time deputy, Omamofe Boyo and the Securities and Exchange Commission (SEC). The SEC…
Forte Oil Plc (the Company) hereby notifies the Nigerian Stock Exchange (NSE), its shareholders and other stakeholders of the Company of the following: The resignation of Mr. Akin Akinfemiwa and Mr. Julius Omodayo-Owotuga as Chief Executive Officer and Chief Financial Officer of the Company, respectively. The appointment of Mr. Olumide Adeosun and Mr. Moshood Olajide…
The 9th edition of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) Awards, hosted by the Abu Dhabi National Oil Company (ADNOC), is now open for submissions. In this fourth industrial age it is technology, innovation, environmental leadership and talented workforces that are shaping the companies of the future. Oil and…
The President will be presented the award during the conference, during which he will also present the keynote address CAPE TOWN, South Africa, June 23, 2019/ — Africa Oil & Power (https://AfricaOilandPower.com) will present the award to H.E. Macky Sall at its annual conference in Cape Town; H.E. Macky Sall is renowned for his…
Close to $200 billion in projects across the globe from Australia to the United States are racing to be approved over the next two years, vying to provide around 65 million tonnes of new annual supplies that are needed by 2025, according to estimates by consultants Wood Mackenzie. However, construction delays and cost blowouts could…
NIPCO Plc, has upscaled its social investment in the education sector with the inauguration of modern computer laboratory for pupils in Lagos state public schools The feat is part of the company’s broad CSR policy aimed at improving its intervention in the area of health, education and infrastructure upgrade in its host communities amongst others. …
Mr. Mordecai Ladan, the Director of Petroleum Resources, DPR, has bowed out. This follows the expiration of his tenure and in line with the provisions of Circular Ref. No.SGF.50/S.II/C.S/268. The former Director has formally handed over the affairs of the Department to the most senior officer Mr. Ahmad Rufai Shakur, the Deputy Director and Head,…
London — Nigeria increased its official selling price (OSP) for major crude grades on perked-up demand, especially in Northwest Europe, as preliminary loading programmes for August were expected shortly. NIGERIA * Nigeria’s NNPC on Thursday significantly raised the July OSP for major grades Bonny Light, up to 204 cents from 156 cents per barrel last month,…
Lagos — The Managing Director of the Nigerian Ports Authority, (NPA) Hadiza Bala Usman has said that a properly charted territorial water through hydrographic exercise will enhance the nation’s maritime operation. Speaking at this year’s World Hydrographic Day held at the Naval Dockyard in Lagos Bala Usman called for a greater synergy among stakeholders with the…