Angola’s ANPG Clarifies Impact of Upcoming Onshore Licensing Round
Due to some inaccurate interpretations disseminated in national and international media and also on social media about the work to be carried out in the Angolan interior basins, particularly in the Etosha/Okavango Basin, the Angolan Agency for Oil, Gas and…
Group plans for 2MMT cooking gas consumption as price remain out of hand
Just as the prices of filling different sizes of cylinders in Nigeria have remained over and above the reach of many Nigerians, the Nigeria Liquefied Petroleum Gas Association (NLPGA) has said it is targeting a consumption level of two million…
Africa Oil & Power Releases Africa Renewables Report 2021
Africa Oil & Power (AOP) launched its Africa Energy Series: Africa Renewables 2021 digital report, dedicated exclusively to renewable development and investment within the African energy sector; Africa requires approximately $70 billion in annual investment in renewables until 2030 to…
Oil dips after surprise rise in U.S. crude stocks; focuses on Biden, stimulus
Oil slipped on Thursday after industry data showed a surprise build in U.S. crude inventories that reignited pandemic-led demand concerns, but stimulus hopes in the United States limited the downturn in prices. U.S. West Texas Intermediate (WTI) crude futures fell…
Renewable energy critical driver of Africa’s post-COVID-19 growth recovery
Renewable energy will be a critical driver of Africa’s post-COVID-19 growth recovery and economic prosperity, panelists in a 2021 UK Africa Investment Summit event said Wednesday, as they called for a stronger partnership between the United Kingdom and Africa. The…
Biden’s carbon-free power plan to deepen global renewables growth—Global Data
Following President Biden’s moves to implement new climate policies upon taking office; Will Scargill, Managing Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the targets set out for decarbonizing the power sector:…
Oil rise on hopes of U.S. stimulus, crude stocks drawdown on Wednesday
Oil prices rose on Wednesday, adding to solid gains overnight, on expectations the incoming U.S. administration will go ahead with massive stimulus spending that would boost fuel demand and draw down crude stocks. U.S. West Texas Intermediate (WTI) crude futures…
Nigeria’s cooking gas consumption rises amidst jumping filling prices
Whereas the Petroleum Products Pricing Regulatory Agency (PPPRA) has announced that the consumption of Liquefied Petroleum Gas in Nigeria, popularly called cooking gas, exceeded one million metric tonnes in 2020, Nigerians have continued to complain on the rising costs of…
Shell joins ITF Corporate Partnership Board
Royal Dutch Shell plc (Shell) has joined the International Transport Forum’s (ITF) Corporate Partnership Board. Shell and the ITF will work together on sustainability issues, the decarbonisation of transport, innovative mobility and workforce diversity. “As we move into a new…
No Oil Spill from Our Facilities—Chevron Nigeria
Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the NNPC/CNL JV), is aware of media reports suggesting an oil leakage from our Funiwa field in Bayelsa State. We wish to…
