Angola Forecasts 3.6% Gross Domestic Product (GDP) Growth Over Next 5 Years, Minister Says …Angola’s Minister of Economy and Planning has indicated that the country foresees economic growth of 3.6% between 2023 and 2027, driven primarily by positive performance in the oil sector Angola’s Minister of Economy and Planning, H.E. Mário Caetano João, has indicated…
Norway’s Natural Gas Nationalization Plan Broader Than Expected Norway’s plan to nationalize natural gas assets includes more than just Gassled’s natural gas pipelines, new information revealed in a letter from the Norwegian energy minister has shown. The surprise move to nationalize the country’s gas assets will also include other assets—including the Nyhamna processing plant. Last…
Court orders Seplat Energy Plc to Hold AGM Wednesday10th May 10 A Federal High Court sitting in Abuja has ordered Seplat Energy Plc to hold its Annual General Meeting (AGM) on Wednesday (10th May 10, 2023). The judgement was delivered by Justice A.R. Mohammed in Suit number FHC/ABJ/PET/7/2023 – Akinnifesi & Adelaja V. Seplat Energy…
About $600bn Spending is Required to Achieve Cut in Oil and Gas Emissions this Decade – IEA To achieve cut in oil and gas emissions this Decade, about $600 billion is required, says International Energy Agency (IEA). This figure, IEA says, is only a fraction of the record windfall income that oil and gas producers…
“You cannot say you have energy when the people don’t have access to it” – CEO, Kenyon International The Founder/Chief Executive Officer of Kenyon International, Dr. Victor Ekpenyong has said that for a country to say it has energy, that energy must be accessible to the people. Ekpenyong stated this during an exclusive interview with…
FG Committed to Sustainable Energy Future – Permanent Sec. Petroleum Ministry The Federal Government has said that it is committed to a sustainable energy future, and it is investing in renewable energy, energy efficiency, and clean technologies. The Permanent Secretary, Ministry of Petroleum Resources, Gabriel Aduda, stated this in his address at the opening ceremony…
“PIA is Not Enough” to Drive Investment, Growth in Nigerian Oil and Gas Industry – Manager Downstream Gas, Tetracore Energy The Manager, Downstream Gas & Virtual Pipeline Solution, Tetracore Energy, Emmanuel Udoh, has said that the enactment of the Petroleum Industry Act (PIA) is not enough to drive investment and growth in the Nigerian…
Nigeria Needs Energy Addition Not Transition – NJ Ayuk As the push towards energy transition intensifies, the Executive Chairman of African Energy Chamber (AEC), NJ Ayuk, has said that Nigeria does not need energy transition, but energy addition. Ayuk pointed out that with about 90 million of its population having no access to electricity, what…
PETAN, NCDMB, NNPC, Others Plan SAIPEC 2024 The 8th edition of the Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) will return to the Eko Convention Centre, Lagos, in February 2024. The conference, which is the first energy, oil and gas event held in partnership with the entire Sub Saharan African petroleum industry, will…
