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…
Singapore — Asian spot prices for liquefied natural gas (LNG) slipped this week on the back of a surplus of cargoes globally while imports from North Asia appeared to be slowing down this month, industry sources said. Spot prices for August delivery to Northeast Asia LNG-AS are estimated to be about $4.60 per million British thermal…
Port Harcourt — The Shell Petroleum Development Company, SPDC, says it has injected over N2.2billion into the southern swamp associated gas solution area for community development as top-up funds for the Community Cluster Development Boards, CDBs in Bayelsa and Delta states. SPDC General Manager, External Relations, Mr. Igo Weli, stated this during the graduation and award ceremony…
Port Harcourt — The host communities of OML 25 have rejected the planned peaceful dialogue by the Rivers State Government to intervene in the 22-months shutdown of Belema flow station and gas plant operated by the Shell Petroleum Development Company, SPDC/NNPC JV in Akuku Toru Local Government Area of the state. Kula Council of Traditional Rulers, as…
*Centurion recently announced it will be pursuing a public listing this year with one of Europe’s leading stock exchange Johannesburg, South Africa — Centurion Law Group (“Centurion”) continues its expansion by acquiring Africa Counsel GMBH, an Africa-focused energy firm specializing in acquisitions, divestitures for German companies in the energy sector. “Acquiring Africa Counsel complements our Energy activities…