Tag: oil and gas industry
Nigeria Will Become Petroleum Net Exporter Before 2023 End — NNPC...
Nigeria has pledged to return to a petroleum exporting country before end of 2023. Group chief executive officer of the Nigerian National Petroleum Company...
EU May Intervene in Energy Market Amid Skyrocketing Prices
Reports say that the European Union is closer to potentially intervening on the bloc’s electricity market as energy prices soar ahead of what would...
Goldman Sachs Predicts UK Inflation Could Break 22% If Gas Prices...
Goldman Sachs has forecasted that inflation in the United Kingdom could soar to the highest level since 1975 if global gas prices do not...
African Energy Chamber Forecasts Increased Gas Monetisation in Latest 2021 Outlook
The African Energy Chamber has notably found that while not insulated to COVID-19, gas markets have been less exposed than that of oil to...
Gabon Plans a Slight Reduction of its Oil Production in 2021
In 2021, Gabon’s oil production will drop by more than 10,000 bpd, according to the budget bill currently under review. A situation which will...
ExxonMobil Commits to Core Oil & Gas Says Renewables Have Unattractive...
…Shift from oil ‘existential threat’ for future oil volatility.US oil giant, ExxonMobil has said that it will remain focused on growing its core...
OPEC’s World Oil Outlook to be Launched on October 8
The 2020 OPEC World Oil Outlook (WOO) will be launched via videoconference in Vienna, Austria, on Thursday, 8 October 2020 at 14:00 (CEST).OPEC’s Secretary...
OPEC Sept Oil Output Rise to 24.38mbpd
The Organization of Petroleum Exporting Countries (OPEC) oil output rose for a third time in September, a Reuters survey found, as a restart of...
Egypt Signs $934m Deal for Gas Exploration Development
Egypt’s state-owned Egyptian Natural Gas Holding Company (EGAS) has signed $934 million contract across eight gas exploration and research agreements, following a push to...
G20 Energy Ministers Strive for Sustainable Development and Market Stability
HE Yury Sentyurin, Secretary General of the Gas Exporting Countries Forum (GECF) participated in the G20 Energy Ministerial Meeting and reaffirmed its commitment to...
COVID-19 Confirms Data Adoption as Crucial Post Pandemic Oil Industry Recovery
Panelists at the webinar organised by Microsoft and Africa Oil & Power and African Energy Chamber, yesterday in South Africa, agreed in part that...
In Addition to Cutting Production, Shell Moves to Cut Jobs ‘to...
Reports said yesterday that thousands of jobs are under threat at oil and gas giant Shell.
The company is due to publish an interim business...
Oil Falls Near 4% as COVID-19 Spike Continues and U.S. Debate...
Oil prices fell yesterday almost 4% to their lowest in two weeks on worries about the outlook for fuel demand as Europe and the...
Oil and Gas Terms You Must Get Acquainted With
As a student, an operator, stakeholder or intending investor in the oil and gas industry, here below are of the oil and gas technical...
PTI, Training High-Skilled Manpower For Oil And Gas Industry
Orient Energy Review editorial team met with the Chief Coordinator of PTI Consultancy Services, DR. ORIRI ASEMOTA OMORODION during the 2020 Nigeria International Petroleum Summit, which held at...
Meet Amma Boateng, Managing Director Of Ghanaian Budding Destra Energy Group
Destra Energy Group is a budding and fully indigenous Ghanaian company providing ancillary services to key players in the oil and gas industry and...
Senate commends NCDMB’s engagement of local contractor in headquarters building
Peace Obi
…to expand NC Act to other sectors
Members of the Senate Committee on Local Content have commended the Nigerian Content Development and Monitoring Board...
Kachikwu to lead, NCDMB, industry stakeholders on Nigerian Content parley for...
Kenechukwu Obiajuru, Yenagoa.
The Niger Delta Youths Coalition for Peace and Progress (NDYCPP) on has said that the group is collaborating with stakeholders in oil...
Nigerian Oil Industry: Deep Sea Projects, Downstream Opportunities to Drive Growth...
Nigeria started the year 2018 with a fuel crisis which began December 2017, fueling concerns that the crisis would persist throughout the year. However,...
Glencore Set to Buy $973m worth of Assets from Chevron
Mining giant, Glencore has entered into an agreement to purchase 75 percent interest in Chevron South Africa, as well as a 100 percent stake...
