Business Hilights

Tracking Nigeria's Headline Business News Online

NJ Ayuk

Germany-Africa Business Forum mulls funding commitment to energy startups

Less than one week after a German energy multinational, Siemens sealed four-year power development roadmap with the Federal Government, the Germany Africa Business Forum e.V. (GABF), has launched a multi-million Euro funding commitment to invest in German energy startups that…

AEC salutes Barkindo for his reappointment, roles at OPEC

The African Energy Chamber (AEC) Tuesday salutes the re-appointment of Nigerian Mohammed Barkindo as Secretary General of OPEC and described him as a factor of stability for African and global oil markets. The Executive Chairman of the Chamber and CEO…

Former BP, Equinor executive to lead the African Energy Chamber in Angola

The African Energy Chamber (AEC) Thursday announced that it has appointed Mr. Sergio Pugliese as President for Angolan chapter, effective May 1st 2019. In this role, Mr. Pugliese will lead the chamber’s activities in Angola and support the Chambers’ partners…

German-African Energy Forum lifts Africa’s Energy Security, Investment

The African Energy Chamber (AEC) congratulates the German Government and the African-German Business Association (Afrika-Verein der deutschen Wirtschaft) on the success of the 13th German-African Energy Forum held in Hamburg on March 27 and 28, under the theme “Realizing &…

Only synergy, local content’ll grow Nigeria oil & gas industry—Ayuk, AEC boss

Visiting Executive Chairman of the African Energy Chamber (AEC) and Centurion CEO, NJ Ayuk, with a handful of industry delegation to Nigeria on Wednesday in Lagos, have called for more industry collaboration on key issues pertaining to Nigeria’s oil &…

Egina deepwater success spurs Total to target Preowei’s 50,000 bpd field

…Set to begin hydrocarbon exploration in S’Africa Relying on the success story of the multibillion dollar Egina deepwater oilfield which recently flagged off production of 200,000 bpd installed capacity, Total has submitted fresh Field Development Plan (FDP) for the 50,000…

Nigeria Int’l Petroleum Summit 2019 gets African Energy Chamber’s seal

The African Energy Chamber (AEC) Tuesday endorsed the Nigeria International Petroleum Summit (NIPS), to be held in Abuja’s International Conference Centre on January 27-30, 2019. Members of the chambers include the majority of the international oil companies (IOCs), services companies…

African oil producers must support OPEC for market stability, continued cuts

The African Energy Chamber, has urged the Organization of the Petroleum Exporting Countries (OPEC) and other key global oil producers, including Russia, to continue with the historic production cuts at the December 6, 2018 OPEC meeting to stabilize the oil…