[ANGOP] Luanda — The selling process of the oil company (Sonangol)’s stake in China International Holding (CSIH) may begin this year, according to the Privatisation Programme (Propriv) underway in the country.Read More
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Nigeria: Govt to Launch Centre to Drive Cost Efficiency, Others in Oil Sector
[Vanguard] The Department of Petroleum Resources, DPR, Monday, disclosed that the National Oil and Gas Excellence Centre, NOGEC, designed to drive the three-pronged objectives of safety, value and cost efficiency in the petroleum industry, would be launched, January 21, 2021, by President Muhammadu Buhari.Read More
Read More »Nigeria: NNPC Reports U.S.$120.49 Million Crude Oil, Gas Revenue in September
[This Day] Abuja, Ibadan — As learning institutions reopen today, concerns continue to rise following an insistence by teachers that necessary measures have not been put in place in compliance with the COVID-19 protocols established by the Nigeria Centre for Disease Control (NCDC).Read More
Read More »Nigeria: Cheering News From Tony Elumelu
[This Day] Lagos — I was very elated when the news broke recently of the acquisition of OML 17 by Heirs Holding and Transcorp through their sister company TNOG Oil and Gas Limited. The 45% stake in the oil bloc was acquired from Shell, Total and Eni for the princely …
Read More »Kenya: MPs to Engage Uganda on Idle Sh2 Billion Kisumu Oil Jetty
[Nation] A parliamentary team is set to engage the Ugandan government on whether it had any intention of building an oil jetty on its side of Lake Victoria to complement Kenya’s Sh2.1 billion facility in Kisumu.Read More
Read More »Nigeria: Opec – Nigeria’s Economy Challenged By Inflationary Pressures
[This Day] Abuja — The Organisation of Petroleum Exporting Countries (OPEC) yesterday noted that the Nigerian economy remains challenged by inflationary pressures on the back of rising food prices and possible recent naira adjustments.Read More
Read More »Nigeria: Petroleum Ministry’s Autogas Drive
[This Day] The Ministry of Petroleum Resources under Chief Timipre Sylva believes autogas is capable of solving the challenge of the rising price of petrol and is leaving no stone unturned to actualise it.Read More
Read More »Nigeria: Nigerian Authorities Seize First Bank’s Assets Over Shell’s N183bn Debt
[Premium Times] The knotty legal wrangle is a product of an oil spill incident, half a century old, reaching back to 1970.Read More
Read More »Nigeria: 96 Firms Bid for Rehabilitation of NNPC Pipelines, Depots
[This Day] Abuja — Ninety-six companies from various jurisdictions have indicated interest in rehabilitating the Nigerian National Petroleum Corporation (NNPC) downstream infrastructure, including critical pipelines, depots and terminals.Read More
Read More »Nigeria: Fuel Subsidy – Govt, Stakeholders Advocate Shift to Autogas
[Vanguard] Against the possible return to fuel subsidy burden, the Federal Government may have begun moves to get the organised private sector to implement a shift to gas from petrol in powering automobiles.Read More
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