Energy & Power

[AIM] Maputo -Mozambique’s National Petroleum Institute (INP), the regulatory body for oil and gas operations, is confident that the construction and installation of the Coral South floating liquefied natural gas (FLNG) unit is going ahead in accordance with the agreed calendar, with no significant delays.Read More

[ISS] Angola’s President João Lourenço finds himself in the middle of numerous concentric circles of crises. These include a public health emergency in the face of the COVID-19 pandemic, government revenues slashed by falling oil prices, systemic corruption and nepotism, widespread poverty, and a steep public debt repayment schedule. Angola’s …

[This Day] Justice Chukwujekwu Aneke of the Federal High Court in Lagos has restrained the federal government from selling or accepting bids for eight Marginal Oil Fields (Oil Mining Licences) pending determination of a suit challenging their status.Read More

[This Day] The Founding Managing Director of Niger Delta Exploration and Production (NDEP) Plc, Dr. Layi Fatona, has emphasised the need to address funding challenges being suffered by oil and gas operators in Nigeria arising from lack of long-term capital borrowing for investments in the sector.Read More

[Nation] The contract for the Early Oil Pilot Scheme (EOPS) has expired after two years of disruptions and just one sale of the crude in the international market.Read More

[Vanguard] A Federal High Court sitting in Lagos, yesterday, restrained the Minister of Petroleum Resources, the Attorney General of the Federation, AGF and the Director, Department of Petroleum Resources, DPR, from selling, auctioning or accepting bids for some marginal fields belonging to some oil and gas operators.Read More

[Premium Times] The current low crude oil prices present an opportunity for commodities-dependent economies like Nigeria to review their energy pricing policies as they look forward to the post-COVIC-19 pandemic era, the World Bank has said.Read More

[Ghanaian Times] Takoradi -The Ghana Maritime Authority (GMA) in collaboration with the Navy and Marine Police have started all night security patrols at the Takoradi Anchorage and the western coastline to halt illegal fuel bunkering in the area.Read More

[Ghanaian Times] Takoradi -The Ghana Maritime Authority (GMA) in collaboration with the Navy and Marine Police have started all night security patrols at the Takoradi Anchorage and the western coastline to halt illegal fuel bunkering in the area.Read More

[This Day] Abuja -Where justice is denied, where poverty is enforced, where ignorance prevails, and where anyone class is made to feel that society is an organised conspiracy to oppress, rob and degrade them, neither persons nor property will be safe – Frederick Douglass.Read More