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Angola to Cut 20% of Diamond Production

Daniel Terungwa Angola’s Minister for Mineral Resources, Oil and Gas, Diamantino de Azevedo, has announced plans by the country to to cut 20% of Diamond production in the country. The Minister announced plans to expand cutting factories in the areas of exploration of the strategic mineral. “99.5 percent of rough diamonds in Angola are exported,…

GECF Unveils Plan to Deepen Gas Development in Africa

EXCLUSIVE INTERVIEW: His Excellency Yury Sentyurin, Secretary General, GECF By Ndubuisi Michael Obineme Qatar – The Gas Exporting Countries Forum (GECF) has unveiled plans to promote gas development in the African oil and gas industry with the aim to overcome energy poverty, enhance growth and mitigate CO2 emissions pollution in the continent. His Excellency Yury…

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OMAA Rolls Out First Gas-Powered Buses in Nigeria

(Left to right) Dr. Ishaku Abner, Technical Assistant (Downstream) to the Hon. Minister of State for Petroleum Resources; Mrs Pat Igwebuike, Special Adviser to the Anambra State Governor on Legal Matters; Dr. Mohammed M. Ibrahim, Chairman National Gas Expansion Programme (NGEP) and Chinedu Oguegbu, Founder and CEO, OMAA Lagos, Nigeria An indigenous energy firm, OMAA…

Enyo commences Rollout of Solar-Powered Solutions across its Retail Stations

By: Jerome Onoja As part of its commitment to support the sustainable development goal of improving energy efficiency, leading fuel retailing company, Enyo Retail and Supply Limited has commenced utilization of solar-powered solutions across its retail stations in Nigeria. The introduction of these solutions is also aimed at providing alternative power and clean energy for…

DPR inaugurates Commitee for formal handover of Addax assets

Mordi Chukwunonso Esther  The Department of Petroleum Resources, DPR, has inaugurated a team of experts to evaluate the revoked assets of Addax Petroleum Exploration Nigeria Limited in preparation for formal handover to the new operators- Kaztech/Slavic Consortium. The DPR recently revoked the four assets of Addax Petroleum Exploration Nigeria limited namely OML’s 123, 124, 126…

AGPC to invest $10million on capacity development initiatives

…partners NCDMB to build centre for skills development, training  By Ikenna Omeje ANOH Gas Processing Company (AGPC) has reiterated its commitment to spending up to $10million on capacity development initiatives in the oil and gas sector. AGPC is an incorporated joint venture owned 50:50 by Seplat Petroleum Development Company and the Nigerian Gas Company (NGC),…

FG grants NLNG N20bn Tax Waiver for construction of Bodo Bridge

Mordi Chukwunonso Esther  The Federal Government has granted the Nigeria Liquefied Natural Gas (NLNG) Company N20 billion tax waiver for the construction of Bodo Bonny Bridge in Bayelsa State.  The Federal Inland Revenue Service (FIRS) presented the road infrastructure credit certificate to LNG in Abuja on Thursday.   NLNG has so far received three credit certificates…

NPA Overhauls Cabinet, Appoints New Executives

Daniel Terungwa The Nigerian Ports Authority has announced the appointment of four new General Managers and eight Assistant General Managers with immediate effect. The appointment, according to a press release signed by the Assistant General Manager, Corporate & Strategic Communications, Ibrahim Nasiru, is in furtherance of the management’s commitment to motivating its workforce and building…

NNPC, SEEPCO Sign Gas Development Agreement

By Ikenna Omeje The Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO), on Thursday, signed  a Gas Development Agreement (GDA) in Abuja. “This latest milestone provides the terms for the development of OML 143 Gas, providing gas for the domestic market which aligns perfectly with the Federal Government’s National Gas Expansion…

NCDMB Partners ANOH Gas To Complete Oil and Gas Training Centre in PH

The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday flagged off a partnership arrangement with Anoh Gas Processing Company Limited for the completion of the Center for Skills Development and Training (CSDT) located at Greater Port Harcourt Area, Rivers State.   Construction work at the skills acquisition center had been stalled since 2014 due to paucity of funds after it was conceived by the Petroleum Technology…