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Executive Director, Sahara Group, Wale Ajibade, Global Head, Afrexim Bank, Mr. Rene Awambeng, and Executive Secretary, African Refiners and Distributors Association (ARDA), Mr. Anibor Kragha at the ARDA Week 2023 in Cape Town, South Africa. Africa requires enabling energy policies, effective regulatory frameworks, investments, and collaboration to meet soaring energy needs across the continent, Wale Ajibade, Executive Director, Sahara Group ...

AEI and Partners offer 13 free sponsorship slots to Indigent Students on Solar TechnologyCall for Sponsorship from corporate organizations to sponsor skills acquisition in Solar Technology The Federal government through the National Board for Technical Education (NBTE) in Nigeria with ASTEVEN Energy Institute and other energy stakeholders in the Nigerian Renewable Energy Industry, earlier yesterday gathered to insist on the ...

Nigerian National Petroleum Company Limited (NNPCL) has said it distributed a total of 339 million litres of petrol to 63 depots across the country in seven days.This is according to data obtained by The Tide source on Monday from the NNPCL and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, which showed that the products were sent out between February ...

Philippine provincial governor said on Monday, March 13, 2023, that the oil spill from a motor tanker that sank a few weeks ago has affected almost 100,000 people in a Philippine province. The governor said the residents have been affected by the loss of livelihood, health risks, and other impacts as a result of the oil spill. The spill came ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says it is planning a production based lending engagement to assist the 2020 Marginal Field Bid Round licences awardees to source needed capital.The NUPRC said it would help the awardees to commence full field development toward hitting first oil.Mr Gbenga Komolafe, Commission Chief Executive, NUPRC in a statement on Tuesday said the engagement ...

The AfCFTA Secretariat and African Export-Import Bank (Afreximbank), have signed the Host Country Agreement for the AfCFTA Adjustment Fund worth $10 billion with Rwanda. According to Afreximbank, the agreement, signed on March 10 in Kigali, paves the way for the operationalisation of the AfCFTA Adjustment Fund. The deal was signed by the Secretary-General, AfCFTA Secretariat, Wamkele Mene; Executive Vice President, ...

The loss of supply currently being experienced is due to the industrial action by the organised labour union in Imo State, Emeka Ezeh, Head Corporate Communications, Enugu Electricity Distribution Company (EEDC),has said. He disclosed to journalists in Enugu that the industrial action led to the shutting down of source of supply, leaving his firm with no energy to distribute. All ...

The largest oil and gas field financing transaction of about $1.1bn – Oil Mining License 17, owned by billionaire business tycoon, Tony Elumelu, is currently under investigation following the uncovering of an illegal oil bunkering facility connected to it, The Nigeria Security and Civil Defence Corps on Thursday, uncovered an illegal local refinery at Otamiri-Etche, Etche Local Government Area of ...

Egina, Nigeria’s flagship ultra-deep offshore field operated by TotalEnergies,has been declared winner of the Excellence in Project Integration prize at the 15th International Petroleum Technology Conference (IPTC) in Bangkok, Thailand recently. “Congratulations to us all. It’s indeed a good achievement to the company and our partners, and we must find a way to communicate the great feat to our teams ...

Seplat Energy Plc has refuted the media report to the effect that its Chief Executive Officer (“CEO”), Mr. Roger Brown’s resident permit has been withdrawn by the Federal Government The company in a letter signed by Basil Omiyi, Independent Chairman, on behalf of the entire Board of Seplat Energy PLC and sent to both the Nigeria Exchange and London Exchange ...