Tag: oil and gas industry news
ANPM Renews its 2nd Licencing Round Parrtnership with IN-VR East
Timor’s National Hydrocarbon Energy, the ANPM, and the London-based, leading Government Marketing Agency, IN-VR, have announced the renewal of their Partnership for the promotion...
Oil, Gas After Covid-19: Day of Reckoning or A New Era...
The combination of disruptive Covid-19 epidemic demand and oversupply has created an unprecedented crisis for the global oil and gas industry.
The oil and gas...
Eni Ranked Top by Corporate Human Rights Benchmark
The Corporate Human Rights Benchmark (CHRB) has ranked ENI tops among the 199 companies assessed for leadership, the design and implementation of an effective...
Covid-19: Middle East Oil Producers Drowning in Debt
Oil producers in Arab Gulf are reportedly losing billions of U.S. dollars from oil revenues this year due to the impact of the Covid-19...
Kenya Slashes Petrol, Diesel and Kerosene Prices
Kenya has slashed the prices of super petrol, diesel and kerosene by Sh1.42, Sh2.21 and Sh2.10 per litre respectively, with immediate effect.
The Energy and...
African Countries Must Develop Strategic Fiscal Policies to Survive Oil and...
The future of the global oil and gas industry has been a subject of great fascination and debate for decades. Since COVID-19 surfaced, there...
Egypt to Build 400 Natural Gas Filling Stations Nationwide
To enable Egypt run its “Autogas” program, of which the objective is to run the Egyptian car fleet on gas, the Agence Ecofin said...
OTC 2021 Postponed to August
The organisers of Offshore Technology Conference (OTC) said that it has moved the 2021 edition of the largest oil and gas sector trade show in the world...
African Energy Chamber Releases its 2021 TOP 25 Movers and Shakers...
The African Energy Chamber has launched its second annual Top 25 Movers and Shakers list. Forming part of its Africa Energy Outlook 2021 report. ...
Despite Pandemic’s Impact, GECF Upbeat About Future of Natural Gas
The Gas Exporting Countries Forum (GECF) has said that the full promise of natural gas will unfold once the world is past the coronavirus...
India Oil Well Fire Extinguished after Five Months
A massive oil well fire that has raged for more than five months in northeast India has finally been extinguished, officials said Sunday.
Oil India...
How to Keep African Oil, Gas Industry Strong
The African Energy Chamber (AEC) has officially launched the second edition of its African Energy Outlook 2021, which details all of the major challenges facing...
Adapt Current Realities or Become Uncompetitive, African Energy Chamber Warns APP
As the global energy transition and decarbonization drive put pressure on oil demand and as shale has unlocked abundant resources, the African Energy Chamber...
OPEC Members Regret Trump’s Loss, Not Sure of Biden
Key members of OPEC have expressed regret over President Donald Trump’s loss at the recent presidential polls in the US, saying the cartel will...
Chevron Nigeria Announces Appointment of New Chairman/MD, Rick Kennedy
Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the NNPC/CNL JV), has announced the...
OPEC, GECF Hold First High-Level Meeting
Representing the lifeblood of global economy, two of the world’s foremost energy organisations OPEC and the Gas Exporting Countries Forum (GECF) recently held their...
Cameroon Draws 10yr Development Plan, to Build Sub-Regional Refinery in Kribi
Cameroon has announced plans to build a new refinery with an annual capacity of 5 million tonnes of hydrocarbons, being part of its 10-year...
Africa Oil Eyes Kenya’s Geothermal, Wind Projects
…Believes oil and gas industry is aligning with renewable energyThe Chief Executive Officer of Africa Oil, Keith Hill, has said that the company...
Energy Transition Forces Rystard to Revise Long-Term Oil Demand Forecast
…Says oil demand to peak in 2028Norwegian energy intelligence firm, Rystad Energy, has been forced by developments in the Covid-19 pandemic experience, especially...
NGOs Task AfDB Against Support for Fossil Fuels in Africa
Civil Society Organisations (CSOs) working to preserve the environment in Africa have written to the President, African Development Bank (AfDB), Mr Akinwunmi Adesina, asking...