Oando Secures $800m Facility To Acquire Nigeria Agip Oil Company
Wale Tinubu
Oando Plc has secured a $800 million loan agreement with African Export-Import Bank (Afreximbank) to facilitate the indigenous energy group’s acquisition of the entire share capital of Nigerian Agip Oil Company (NAOC).!-->!-->!-->!-->!-->…
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Kenya: Kerosene, Diesel Prices Fall Marginally as Super Petrol Remains Unchanged
Daniel Kiptoo, Director-General, Kenya Energy and Petroleum Regulatory Authority
The government has left the prices of super petrol unchanged in a monthly fuel review which took effect last night.Consumers of diesel and kerosene!-->!-->!-->!-->!-->…
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Gas Flaring Ends in Nigeria This Year – TotalEnergies
TotalEnergies’ Managing Director, Mathieu Bouyer has announced plans to eliminate gas flaring activities in Nigeria by the end of 2023.Speaking at the 41st Nigerian Association of Petroleum Explorationists (NAPE) annual!-->!-->!-->!-->!-->…
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NNPC to Inaugurate $2.8bn Ajaokuta–Kaduna–Kano Gas Pipeline December
The Nigerian National Petroleum Company Limited (NNPC) has announced that the $2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project, under construction by Oilserve Limited, is set to be inaugurated next month.Oritsemiyiwa!-->!-->!-->!-->!-->…
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Valuechain Begins Talks for Media Partnership with Equatorial Guinea
On Tuesday, 14th Nov. 2023, in the company of Alh. Mohammed Kasali AbdulSalam mni, council member, KADCCIMA, and Mal. Danlami Nasir Isah, of Valuechain’s External Relations, Publisher/Editor-in-Chief of the magazine, Alhaji Musa Bashir!-->…
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Equatorial Guinea, Nigeria in high-level talks for gas pipeline between the 2 countries
By Yange Ikyaa
The governments of Equatorial Guinea and Nigeria are currently in high level talks for the construction of a gas pipeline that will link the two nations.Mr. Fransico Edu Ngua Mangue, who the Ambassador of!-->!-->!-->!-->!-->!-->!-->…
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NNPC Ltd Harps On Use Of Brand Name, Logo
By Saidu AbubakarThe Nigerian National Petroleum Company, NNPC Ltd, has advised its media partners as well as other stakeholders to desist from identifying it will its former title - NNPC otherwise known as Nigerian National!-->!-->!-->!-->!-->…
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Increase Crude, Gas Production To Avert Importation For Refineries – Wabote
By Saidu AbubakarThe Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has warned that Nigeria might resort to importing crude oil for its upcoming and existing!-->!-->!-->!-->!-->…
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BREAKING: Oil Marketers Receive 100 CNG Buses as Promised Palliative
Oil marketers have fulfilled their commitment to provide palliatives in the form of approximately 100 Compressed Natural Gas (CNG) mass transit buses following the removal of fuel subsidies. Clement Isong, the Executive Secretary of!-->!-->!-->…
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IPMAN: Depot for independent marketers’ll aid fuel distribution
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Federal Government to dedicate at least a depot solely to independent marketers, adding that such will ensure easy distribution of fuel in the country.!-->!-->!-->!-->!-->…
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