Anti-Terror War: Borno Defends Deployment of Cameroonian Hunters

Kwiza Mbumbeh, Maiduguri Governor Babagana Zulum of Borno state, has said that the equipping of 150 Cameroonian vigilantes fight Boko Haram insurgency along troops is within Army’s rules of engagement. Zulum’s Special Adviser on public relations and strategy, Isa Gusau,disclosed this Sunday in Maiduguri, the state capital.Gusau reacted to last Thursday media publications, in which […]

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SEPLAT Defends Appointment of new CEO,Says It Complies with Laws

A leading oil firm in Nigeria,Seplat Petroleum Development Company PLC (“SEPLAT”) has defended its appointment of Mr Roger Brown as the new CEO,affirming that it dis not in anyway breached the local content act. In a statement signed by Chioma Nwachuku, its General Manager ,External Affairs and  Communications,Seplat affirmed that ” the decision to appoint Mr. Roger […]

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Nigeria Reaffirms Committment to Opec-Non-Opec Agreement

Nigeria has given assurance of its total commitment to the full implementation of the Agreement entered into by OPEC and 10 Non-OPEC Member States also known as the OPEC plus or the Declaration of Cooperation (DoC) Countries. In a tele-conference with the Chairman of the OPEC-Non-OPEC Joint Ministerial Monitoring Committee (JMMC) and Minister of Energy […]

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OML99: #Nestoil’s EWT Wins Pressure Vessels Contract from #Total

Press Release: The development of Ikike Oil Field in the oil mining lease (OML) 99 achieved a milestone on Thursday as Energy Works Technology (EWT) executed the first steel cut for the delivery of four major pressure vessels for the asset.  The first steel cut ceremony held in Port Harcourt, Rivers State, marked the commencement […]

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AFCTA: Ghana’s Deputy Energy Minister Harps on Local Content

The Ministry of Energy has directed the Petroleum Commission to evaluate the opportunities and risks the implementation of the Continental Free Trade Agreement could present to the upstream petroleum sector,Myjoyonline.com has reported. The free trade agreement is expected to come into force by the middle of next year and Ghana is hosting the secretariat. Addressing […]

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Namibian President is Re-Elected Amidst Corruption Scandal

Namibian President Geingob may remain in office. However, he received a historically bad result. The election was under the auspices of a desperate economic situation and rampant corruption,E24 News has reported. Namibia’s head of state Hage Geingob won the presidential election. Thus, the 78-year-old can remain in office for another five years. According to the […]

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CBN to Fund Social Progranmes,Set up Endowment Fund

Governor of Central Bank of Nigeria,Godwin Emefiele has announced a One Billion Naira Bankers Charitable Endowment Fund. The Bankers’ Charitable Endowment Fund will fund a major charitable initiative every year starting in 2020. The Bankers’ Charitable Endowment will directly fund strategic social programmes in states and local communities across Nigeria,the apex bank revealed over the […]

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World Energy Outlook 2019 Highlights Deep Disparities in Gobal Energy System

Deep disparities define today’s energy world. The dissonance between well-supplied oil markets and growing geopolitical tensions and uncertainties.  The gap between the ever-higher amounts of greenhouse gas emissions being produced and the insufficiency of stated policies to curb those emissions in line with international climate targets. The gap between the promise of energy for all […]

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US Posts First Month in 70 Years as a Net Petroleum Exporter

(Bloomberg) — The U.S. solidified its status as an energy producer by posting the first full month as a net exporter of crude and petroleum products since government records began in 1949. The nation exported 89,000 barrels a day more than it imported in September, according to data from the Energy Information Administration Friday. While […]

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