April 20, 2024

Oil & Gas

Wabote Advocates Corporate Governance for Indigenous Oil Firms, lauds Aradel Holdings

Wabote Advocates Corporate Governance for Indigenous Oil Firms, lauds Aradel Holdings

Wabote Advocates Corporate Governance for Indigenous Oil Firms, lauds Aradel Holdings   Indigenous oil and gas companies must instil principles of corporate governance in their operations if they are to grow and achieve sustainability, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has said.   Speaking virtually on Friday at the […]

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OIL MARKET: Prices leap toward $90 per barrel on Saudi Arabia supply cut

OIL MARKET: Prices leap toward $90 per barrel on Saudi Arabia supply cut

OIL MARKET: Prices leap toward $90 per barrel on Saudi Arabia supply cut By Eyo Nsima   Crude oil prices continued to leap toward $90 per barrel in early August 2023, from about $80 recorded in June 2023, due mainly on account of Saudi Arabia’s supply cut. Specifically, the prices of Brent, OPEC Basket and

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Sustainability, energy transition fundamental to our business – Seplat Energy

Sustainability and energy transition are at the heart of Seplat Energy’s business, and the two remain the cardinal pillars of the company’s strategy. The Director, of New Energy at Seplat Energy, Mr. Effiong Okon said this whilst delivering a keynote titled ‘The Transition Towards Energy Sustainability: Strategies and Tools for Developing Countries’ at the Society

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LNG emerges preferred fuel in maritime sector --- Report

LNG emerges preferred fuel in maritime sector — Report

LNG emerges preferred fuel in maritime sector — Report By Eyo Nsima The Liquefied Natural Gas, LNG, has emerged the preferred fuel for the maritime sector between 2023 and 2025, according to LNG Bunkering North American Summit 2023. In its report obtained by The Daily, www.thedaily-ng.com, LNG Bunkering North American Summit 2023, noted that the preference

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SNPC Managing Director to Present Congo’s Energy Prospects at African Energy Week 2023

Managing Director of the Republic of Congo’s national oil company (NOC), Société Nationale des Pétroles du Congo (SNPC) Maixent Raoul Ominga has been confirmed as a speaker at the upcoming African Energy Week (AEW) conference and exhibition. Scheduled to take place on October 16-20 in Cape Town, Ominga will also lead discussions at the Congo

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Energy access will be biggest driver of social, economic development in Africa – Seplat Energy CEO

Energy access will be biggest driver of social, economic development in Africa – Seplat Energy CEO

Energy access will be biggest driver of social, economic development in Africa – Seplat Energy CEO Access to affordable, reliable and sustainable energy is crucial if Africa is to achieve all 17 United Nations Sustainable Development Goals (SDGs), and energy access will be the biggest driver of social and economic development in Africa going forward, the

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Asharami Energy Zambia Receives ‘A’ Rating from Energy Regulation Board

Asharami Energy Zambia, a Sahara Group Company, has been awarded an “A” rating by the Energy Regulation Board of Zambia in recognition of its exceptional performance and quality service to customers in the region. The Regulatory body rated the Asharami Energy Zambia Retail Station on Mungwi Road Lusaka, “A” for outstanding service delivery. According to

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BREAKING: Wike, Edun, others become ministers as President Tinubu releases list

FUEL SUBSIDY: FG working with states, local governments to implement interventions

FUEL SUBSIDY: FG working with states, local governments to implement interventions By President Bola Tinubu I want to talk to you about our economy. It is important that you understand the reasons for the policy measures I have taken to combat the serious economic challenges this nation has long faced. I am not going to

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OIL MARKET: OPEC committed to achieving global market stability --- H.E. Antonio Oburu Ondo

OIL MARKET: OPEC committed to achieving global market stability — H.E. Antonio Oburu Ondo

OIL MARKET: OPEC committed to achieving global market stability — H.E. Antonio Oburu Ondo By Eyo Nsima The Minister of Mines and Hydrocarbons of Equatorial Guinea and President of the Organisation of Petroleum Exporting Countries, OPEC, H.E. Antonio Oburu Ondo, has expressed the commitment of OPEC to achieving market stability. Ondo noted that the market

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