The Nigeria current crude oil production is expected to add up with 40KBPD according to a pledge made by the ExxonMobil President Liam Mallon to the Nigerian President Mr. Ahmed Bola Tinubu at the sideline meeting of the 78th United Nation General Assembly. The good news was disclosed by the Nigerian presidential spokesperson Ajuri Ngelale […]

Invictus Energy  has commenced drilling of the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe. The company described the current operations as an exciting and long-anticipated moment for Invictus and shareholders. It further termed commencement of second drilling campaign in the Mukuyu-2 well a significant milestone for the company’s operations […]

Winners of the 7th Nigerian Content Annual National Undergraduate Essay Competition, 2023, were unveiled on Wednesday at the Lady Daima Memorial Event Center, Yenagoa, Bayelsa State at a well-attended ceremony. It was the Grand Finale of the competition, with the top 10 finalists awarded prizes. Overall best was Miss Iruoma Favour Lazarus, a 200-level student […]

Following the devastating floods that have hit Libya last week as a result of storm Daniel, Eni, in cooperation with the Libyan National Oil Corporation (NOC)’s emergency committee, has mobilized the provision of supplies, rescue teams, and critical equipment to support the people affected by the disaster. So far, Eni has supplied medicines and medical […]

Nigerian President Bola Ahmed Tinubu has stood on his maiden address to world leaders at the 78th United Nations General Assembly held in New York highlighted the essence on which the body was established and benefits and expectations of its establishment. Speaking at this year event with the theme: “Rebuilding Trust and Reigniting Global Solidarity: […]

Panoro Energy ASA has provided an update on its 2023 crude oil liftings. The Company has completed its scheduled September lifting of approximately 650,000 barrels in Equatorial Guinea at a realised price of approximately USD 92.25 per barrel, subject to final reconciliation and after customary price adjustment and associated fees. This follows aggregate liftings of […]

Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has commended the Nigerian Content Development and Monitoring Board (NCDMB) for its ] intervention in the construction of the proposed Centre for Skills Development and T raining (CSDT) at Omagwa, Ikwerre Local Government Area of Rivers State. The project, initiated by the Petroleum Technology Development […]

The Nigerian crude oil production in the month of August seems t  o generating discordant tunes. This based on the conflicting figures coming from Organization of the Petroleum Exporting Countries (OPEC) and one recently released from the Nigerian National Petroleum Limited NNPCL. OPEC has disclosed on its monthly oil market portal an uptick in the […]

Afentra plc an upstream oil and gas company listed on AIM and focused on acquiring production and development assets in Africa, has stated that, further to the announcement made on 19 July 2023 regarding the proposed acquisition of interests in Block 3/05 and Block 3/05A from Azule Energy Angola Production B.V.  and the amendment to […]

Capricorn Energy, the Egypt-focused oil and gas Production Company, has announced that the detailed operational update presentation on its Egypt assets will be held in London on 30 November 2023. The update will outline the Company’s commitment to its business in Egypt and include the outcome of the recently commissioned new reserves report, an up-to-date […]