Shell Petroleum Development Company, SPDC has expressed disappointed that the Rivers State High Court affirmed the enforcement of the purported sale of interests in SPDC’s JV’s  assets in Kidney Island and specified interests in OML 11 to the Rivers State Government.
Shell in a statement on Friday said it had filed an appeal and…

Fighters with ISIS Links Seize Port in Gas-Rich, Northern Mozambique
There were reports yesterday that fighters captured a heavily defended port in the far northern Mozambique town of Mocimboa da Praia, close to the site of natural gas projects worth some $60 billion.

The report by Aljazeera said it was…

When Australia’s coronavirus lockdown forced bars and restaurants to shut down in March, breweries were left with huge inventories of unsold, stale beer.

But instead of going to waste, some expired ales and lagers in the state of South Australia have been serving a new purpose: powering a water treatment plant.

As a major revenue source that powers Nigeria’s economy, the Minister of State for Petroleum Resources, Timipre Sylva, has said the country needs an oil price of $70 per barrel and production of two million barrels per day to sustain its budget.

Sylva who acknowledged the impact of the production…

President Mohammadu Buhari on Thursday inaugurated the 17-storey headquarter building of the Nigerian Content Development and Monitoring Board in Bayelsa.

The president said the completion of the Nigerian Content Tower is a key achievement for the nation’s local content drive. While pledging his administration’s commitment to infrastructural development across the…

Leading and prominent African energy expert and finance executive Rolake Akinkugbe-Filani has joined the African Energy Chamber’s Advisory Board for 2020 and 2021.

Rolake will be advising and supporting the African Energy Chamber within its Investment and Energy Transition Committees.

Currently Managing Director of EnergyInc Advisors and…

Nigeria has unveiled the Network Code Electronic Licensing and Administrative System (NCELAS) portal.

The unveiling took place during the launch of the Nigerian Gas Transportation Network Code (NGTNC) on Tuesday.

The event also witnessed the signing of framework agreements between Nigerian Gas Company (NGC), Gas Hub, and…

Nigeria National Petroleum Corporation, NNPC has invited investors to bid to fix pipelines and depots serving its three major oil refineries.

The pipeline network is crucial to getting crude oil to Nigerian National Petroleum Corporation’s three refinery complexes, and moving the finished fuels to consumers.

Bidders for…