How AOG Deals Are Transforming Angola’s Oil & Gas Industry Since its launch in 2019, the Angola Oil & Gas (AOG) conference has evolved from a discussion forum into the country’s premier platform for deal-making and investment in the energy sector. Now recognized as Angola’s largest oil and gas gathering, AOG has played a crucial…
Sinopec to Increase Refining Output by 100,000 Bpd in February China’s state-owned energy giant, Sinopec, is set to boost its refinery run rates by 100,000 to 150,000 barrels per day (bpd) in February to meet rising fuel demand during the Lunar New Year holiday travel surge, according to a Reuters report citing trading sources. The…
Russian Crude Refining Surges Amid Fresh U.S. Sanctions Russian oil refineries are ramping up crude processing to sustain fuel exports following new U.S. sanctions targeting the country’s energy sector. The Biden administration recently imposed sanctions on Surgutneftgas and Gazprom Neft, two key Russian oil firms responsible for 25% of the nation’s crude exports. Together, they…
FG Awards 25-Year Gas Distribution Licenses to Expand Domestic Energy Supply The Federal Government has issued 25-year gas distribution licenses to multiple companies, covering 10 franchise areas across Lagos, Ibadan, Port Harcourt, and Benin. The move aims to strengthen Nigeria’s domestic gas infrastructure by facilitating the establishment, construction, and operation of gas distribution networks. The…
Nigeria Commits to Net-Zero by 2060 with Bold Renewable Energy Drive ABUJA, Nigeria – The Nigerian government has reaffirmed its commitment to achieving net-zero emissions by 2060, unveiling strategic policies and partnerships to accelerate the adoption of renewable energy. This pledge was reinforced at the Nigeria Climate Change Forum, hosted by the Federal Ministry of…
Nigeria Aims to Cut Port Costs by 25% with National Single Window Initiative LAGOS, Nigeria – The Nigerian government has unveiled an ambitious plan to slash port operational costs by 25% through the implementation of the National Single Window (NSW) initiative, a digital platform designed to streamline port operations and enhance trade efficiency. Speaking at…
Ritchie Wingo Appointed as Group Managing Director of Still Earth Holdings Still Earth Holdings ushers in a transformative phase with the appointment of Ritchie Wingo as the Group Managing Director. With over 25 years of experience spanning international oil and gas operations and mastery in information technology, Wingo brings unparalleled expertise to the conglomerate. His…
NIES 2025 International Session to Unlock Africa’s Energy Future through FDI The Nigeria International Energy Summit (NIES) 2025 will host a groundbreaking session titled “Driving Cross-Continental Investments: Scaling Africa’s Energy Frontier.” This International Panel, set to take place from February 24th to 27th, 2025, in Abuja, Nigeria, aims to highlight the transformative role of Foreign…
Lekoil Commits to Oil and Gas Investment, Jobs Creation in Akwa Ibom Lekoil Nigeria Limited, led by its CEO, Lekan Akinyanmi, has pledged to contribute to Akwa Ibom State’s development through responsible oil and gas operations, job creation, and community growth. This commitment aligns with the state’s ARISE Agenda, championed by Governor Umo Eno, which…
MicCom Ventures into High Voltage Cable Production to Boost Nigeria’s Energy Manufacturing Capacity Mrs. Bukola Adubi, President of CAMAN, flanked by Dr. Doyle Edeni, Group Managing Director & Chief Executive Officer, Blue Seal Energy Group Inc; Paul Clement Pankes, Group Head – Chemical Technology, Standards Organisation of Nigeria (SON), and Wole Ogunsanya, Chairman of PETAN,…
