Author: Daniel Terungwa

Nigeria, Morocco, Cote d’Ivoire, Liberia, Benin, Guinea sign MoUs on Nigeria-Morocco gas pipeline Another important milestone was achieved at the headquarters of the Economic Community of West African States (ECOWAS) as four significant Memoranda of Understanding related to the Nigeria/Morocco Gas Pipeline Project were signed. Additionally, the project’s Steering Committee convened to discuss the progress…

Growth in global oil demand is set to slow significantly by 2028 -IEA Growth in the world’s demand for oil is set to slow almost to a halt in the coming years, with the high prices and security of supply concerns highlighted by the global energy crisis hastening the shift towards cleaner energy technologies, according…

Seplat Energy appoints Chioma Afe as Director External Affairs and Sustainability The Board and Management of Seplat Energy Plc are pleased to announce the appointment of Mrs. Chioma Y. Afe as the Director, External Affairs and Sustainability effective June 15th 2023. Chioma is an accomplished strategic Senior Communications Executive and Business Leader with over 25…

The Future of LPG in Nigeria, Harnessing the Opportunities  Liquified Petroleum Gas (LPG) is a sustainable and eco-friendly energy source. It is one of the products of natural gas, it serves as a better and healthier alternative to wood for heating and cooking purposes and Nigeria owns the largest gas reserves in Africa. According to…

NUPENG Members Shutdown NSCDC over Impounded Trucks, 130,000 Litres of PMS  Members of Petroleum Tanker Drivers branch of the Nigerian Union of Petroleum and Natural Gas Workers, NUPENG on Wednesday shutdown activities at the Rivers State Command of the Nigeria Security and Civil Defence Corps, in protest over three impounded trucks with 130,000 litres of…

Oil Moves Lower after EIA Confirms Large Crude Build Crude oil prices inched lower today after the Energy Information Administration reported an estimated inventory build of 7.9 million barrels for the week to June 9. This compared with a modest inventory draw of half a million barrels for the previous week and an estimated build…