By Akpelu Paul Kelechi PRESIDENT Yoweri Museveni of Uganda has appointed Ruth Nankabirwa Ssentamu, former Chief Whip in the government, as the new Minister for Energy and Mineral Development, a …
Africa Oil And Gas Report
FRENCH major, TOTAL, has announced the start of production from Zinia Phase 2 short-cycle project, in its prolific Block 17, in deepwater off Angola. The field is hooked up to the existing Pazflor’s FPSO (Floating Production, Storage and …
- Business & Economyenergy
Nigerian Government revokes Addax’s PSC Licences, re-awards them immediately
THE Nigerian government has revoked the four Production Sharing Contracts (PSCs) operated by Addax Petroleum in the country. The PSCs are in respect of Oil Mining Leases (OMLs) 123, 124, …
- Business & Economyenergy
Nigerian marginal fields bid round: third letter out, signature bonus called
The country’s least transparent bid round in 20 years inches towards some closure The Department of Petroleum Resources (DPR), Nigeria’s regulatory agency for the hydrocarbon industry, has distributed the third …
THE Natural Resource Governance Institute (NRGI) has appointed Suneeta Kaimal the new President and CEO of the independent, non-profit organization. Ms. Kaimal, currently Interim President and CEO of NRGI, joined …
ALGERIA has returned to being a net exporter of gasoline, the most in-demand product of distillation of crude oil. The country began exporting both gasoline and diesel, in 2020, the …
THE Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦13.43Billion (or $35.4Million) for the month of November 2020, up by 54% when compared to the ₦8.71Billion ($22.9Million) …
By Toyin Akinosho Mama Mi! I HAVE written your biography twice over the last twenty years: for your 70th Birthday February 15, 1997 and the 80th anniversary, February 15, 2007. …
- Business & Economyenergy
DPR waits on President Buhari’s nod, to announce winners of marginal fields bid round
THE Department of Petroleum Resources (DPR), Nigeria’s regulatory agency, is awaiting the approval of the Minister of Petroleum, to announce the results of the Marginal Fields bid round. DPR concluded …
EXPLORATION in the Northwest African Margin has been a bumpy ride for wildcatters since the discovery of the Sangomar oil field in November 2014. What you get in these deepwaters …