MEMAN Says 15% Tariff on Imported Petrol; Other Petroleum Products will Impede the Industry The Major Energy Marketers Association of Nigeria (MEMAN) said the 15 per cent import tariff on fuel products could raise pump prices, burden consumers and impede the progress of the downstream industry. If the tariff is implemented , it will increase…
NAPE Calls for Reignition of Mature Basin Exploration to Attract Increased Investment The Nigerian Association of Petroleum Explorationists (NAPE) has called for the reignition of exploration activities in Nigeria’s mature basins as part of efforts to attract increased investment and strengthen the country’s energy security. Speaking at a media parley in Lagos on Thursday ahead…
African Oil and Gas M&A Activity Set for Major Surge in 2026 The African upstream oil and gas sector is gearing up for an active year in 2026, with mergers and acquisitions (M&A) expected to surge as licensing rounds unlock new investment opportunities across the continent. According to the African Energy Chamber’s State of African…
NLNG Targets Young Nigerians with New Nigeria Prize for Creative Arts NLNG has stated that new The Nigeria Prize for Creative Arts will target young Nigerians with the aim of inspiring them to tell stories that redefines the nation’s image. At a press conference in Lagos, the Company announced that the Prize, a new category…
Community Leaders, Beneficiaries Applaud Egbin Power’s Medical Outreach, Describe Initiative as Impactful Egbin Power’s annual medical outreach, the Personal Corporate Social Responsibility (PCSR) vehicle of the leading power generation company, has been described by beneficiaries as a transformative and impactful health intervention that brings hope to people. The 2025 programme, which was the eighth edition,…
APPO Appoints Algerian as New Secretary General The African Petroleum Producers Organization (APPO) has appointed Algeria’s Farid Ghezali as its new Secretary General, marking the beginning of a new phase for Africa’s oil-producing nations. The appointment was confirmed during the APPO Ministerial Council Meeting held this week in the Republic of Congo, and Ghezali is…
Eight of 10 Countries Most Affected by Climate Change are in Africa Eight of the ten countries most affected by climate change are in Africa, where droughts, cyclones, and floods continue to threaten food security, displace communities, and drain public resources. Despite bearing the brunt of the global climate crisis, the continent receives less than…
Local Content is key to Africa’s energy future-ES NCDMB For African nations to successfully transform their abundant hydrocarbon resources into shared prosperity for their citizens and economic development, they have to make local content policies and effective implementation the cornerstone of their energy future, the Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr….
Chevron Enters Guinea-Bissau with Exploration Opportunities BISSAU, Guinea-Bissau, November 3, 2025, 2025 – Chevron has entered Guinea-Bissau’s offshore exploration sector through two blocks in the MSGBC basin*. Chevron Guinea Bissau Exploration I, Ltda., a wholly owned subsidiary of Chevron, will be the operator of offshore Blocks 5B (Carapau Exploration License) and 6B (Peixe Espada Exploration License)…
100 Youths Begin NCDMB/Renaissance/PETAN Graduate Internship Programme One hundred young graduates of diverse academic disciplines on Thursday began a Graduate Internship Programme jointly sponsored by the Nigerian Content Development and Monitoring Board (NCDMB), Renaissance Africa Energy Company (RAEC) Limited, and the Petroleum Technology Association of Nigeria (PETAN) as part of a collaborative initiative to provide…