The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe has emphasized the critical need to balance climate action with economic realities. This was contained in his address at the Decarbonisation and Energy Sustainability Forum (DESF) held in Abuja, Nigeria. With the theme, Navigating the Global Energy Transition, Leveraging Decarbonisation […]
Namibia’s offshore oil and gas industry is set for significant growth in 2025, driven by new licensing opportunities and an uptick in drilling activities, Petroleum Commissioner Maggy Shino announced during a webinar hosted by the African Energy Chamber, Wood Mackenzie and Namibia’s Ministry of Mines and Energy. The move is set to attract fresh investment […]
Reconnaissance Energy Africa Ltd. announces the acceleration of drilling into Q2 2025 and a corporate update. ReconAfrica has continued to pursue activities relating to the drilling of Prospect I. To date, initial surveying activity has been completed, with debushing activities ongoing and demining activities set to be undertaken in the coming weeks. As a result of the […]
…Advocates Inclusivity in Technical Fields NNPC Retail Limited (NRL) marked another milestone by successfully hosting She-Fix 2025, a landmark event dedicated to empowering women in the automotive, technical, and energy sectors and commemorating International Women’s Day. The event, which took place recently at The Stable Center, Surulere, Lagos, attracted over 300 active participants as part of […]
Wildcat has signed a Collaboration Agreement with The Strategic Fuel Fund Association (SFF), an organisation owned by the State of South Africa. The Agreement focuses on evaluating the petroleum assets in South Sudan previously held by PETRONAS. Leveraging the expertise and contacts of both parties in the South Sudanese oil sector, Wildcat and SFF have […]
Eni and Petroci have announced a significant increase in gas supply for Côte d’Ivoire’s power generation system. Launched in December 2024 on schedule and with full safety measures, Phase 2 of the Baleine project marks another step forward in the company’s commitment to strengthening the country’s energy sector and industrial development, significantly strengthening access to […]
Eni and Vitol have agreed that Vitol will acquire interests in certain assets owned by Eni in Cote d’Ivoire and the Republic of Congo for an aggregate consideration of USD1.65 billion at 1 January 2024, with standard cash adjustment at closing. Vitol will acquire an interest in both oil and gas producing assets and blocks undergoing exploration, appraisal and development. […]
The Nigeria crude oil pipeline transportation facility has witnessed hiccups in the movement of its product from the production platform to the export storage terminal in Bonny, Rivers State. This is owing to a huge pipeline explosion witnessed along the Trans-Niger Pipeline operated by Renaissance formally Shell Petroleum Development Company and the Nigerian National Petroleum […]
….. South African electricity trading business now fully funded Chariot Limited has announced that Etana Energy (Pty) Limited, the South African electricity trading platform, has secured a US$55million (R1billion) guarantee finance facility alongside an equity investment of up to US$20million (R372million) from Standard Bank and Norfund. Standard Bank is the largest bank in Africa and […]
Equatorial Guinea has officially relaunched its open-door licensing process for 2025, setting the stage for a major licensing round at the end of 2025 or early 2026. This move marks a strategic shift toward prioritizing licensing and exploration, with a strong focus on regulatory competitiveness, tax incentives and data transparency. These developments will take center […]
Please wait....
Thank you for subscribing...