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Israeli’s Reliance on Gas-Power-Generation to Diminish Efforts Towards Carbon Neutrality Goal – GlobalData
Israeli’s Reliance on Gas-Power-Generation to Diminish Efforts Towards Carbon Neutrality Goal – GlobalData

The Organization for Economic Co-operation and Development’s (OECD’s) Environment Directorate specified that creating an electricity framework based on natural gas will threaten decarbonization objectives due to the lock-in period in carbon-intensive infrastructure.

Continued reliance on gas-based generation in  Israel is expected to diminish the country’s efforts in mitigating carbon emissions,…

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NLNG Inaugurates New Board
NLNG Inaugurates New Board

The newly-appointed Chairman of the Board of Directors of Nigeria LNG Limited formally assumed duty on Sunday, following a ceremony at the Corporate Head Office of the company in Port Harcourt, Rivers State.

A statement by Eyono Fatayi-Williams, General Manager, External Relations and Sustainable Development,  noted that the event was…

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COVID-19: Global Oil Production to Decline by 5.2% - Report
COVID-19: Global Oil Production to Decline by 5.2% - Report

Global oil production has been projected to witness a 5.2 per cent to 4.5 million tonnes (Mt) decline in 2020 as a result of the Coronavirus outbreak around the world, GlobalData has said.

The data analytics company noted that the outbreak of the COVID-19 pandemic in late December 2019 significantly…

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C-Kore Supports Total with Subsea Testing Operations in North Sea
C-Kore Supports Total with Subsea Testing Operations in North Sea

C-Kore Systems deployed their Subsea Testing tools on Total’s Greater Laggan Area, West of Shetland to perform electrical testing on the field’s umbilicals.

In a statement made available to Orient Energy Review, the innovative subsea testing tools specialist company said with the fast and accurate data provided by C-Kore’s Subsea…

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Prioritise Domestic Value Creation in Proposed PIB – Experts Tells FG
Prioritise Domestic Value Creation in Proposed PIB – Experts Tells FG

Experts have called on the Federal Government to make domestic value creation a top priority in the planned representation of the Petroleum Industry Bill (PIB) to the National Assembly as well as on the ongoing bid rounds for the marginal oil fields.

The experts who reviewed the progress of the…

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Democratic Republic of Congo Expresses Strong Political Will for Gas Monetization Projects
Democratic Republic of Congo Expresses Strong Political Will for Gas Monetization Projects

Surrounded by major African oil & gas producers Republic of Congo and Angola, the Democratic Republic of Congo (DRC) has so far remained relatively absent of Africa’s league of hydrocarbons producers. In 2019, only French independent Perenco produced from the DRC, at an average rate of 25,000 boepd from 11 onshore fields.

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Oil Workers Suspend Strike as FG agrees to Pay Salaries
Oil Workers Suspend Strike as FG agrees to Pay Salaries

Oil workers in agencies under the Ministry of Petroleum Resources, yesterday night, suspended their strike after meeting with the Accountant General of the Federation.

Oil workers attached to the Federal Ministry of Petroleum Resources, Wednesday embarked on a three-day warning strike over the failure of government to pay their salaries…

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NNPC Rules Out Equity Sale, Reduces Debts in JV with Partners to $2bn
NNPC Rules Out Equity Sale, Reduces Debts in JV with Partners to $2bn

The Nigerian National Petroleum Corporation (NNPC) has disclosed that it won’t sell its equity in oil assets because of low oil prices and general poor state of the industry.

Group Managing Director, NNPC, Mallam Mele Kyari, who disclosed this in a keynote address at the 45th Anniversary Lecture of the…

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