News

Global players in the downstream petroleum industry will converge in Nigeria for the 13th Oil Trading and Logistics (OTL) Africa Downstream Week with focus on the evolving impact of Innovation and Technology on efficiency and margins in downstream operations.

The world Oil award was established to encourage and recognize the top upstream oil and gas industry’s change-makers

The Organization of Petroleum Exporting Countries, OPEC, from one of their recent research estimated that energy demand is set to experience a rise of 33% between 2015 to 2040.

E&P Company Panoro Energy is set to leave Nigeria after an agreement was reached between it and PetroNor over the transfer of all its interest in OML 113.

Ghana is set to begin construction of the Pwalugu Multipurpose Dam in November. 

Following the recent Bauchi and Gombe states oil discovery, the National Oil Spill Detection and Response Agency (NOSDRA) said oil companies must embrace oil spill contingency plans and strategies to adequately prepare for any eventuality.

According to a top-ranking official, Nigeria plans to work jointly with China in producing Nigeria-made transformers by 2020.

Risk and strategic management consultancy firm, Conrad Clark, yesterday organised its first Energy Resources Risk & Governance Summit tagged "Energy for Sustainable Economic Growth" which took place in Lagos.

Dangote’s 650,000 Petroleum refinery has announced the completion of its pilling works, which is described as the largest in the world.

Royal Dutch Shell is set to begin operations in its concession areas in Egypt from July 2020, a senior executive revealed.