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Thursday, 1 February 2018

20th-anniversary: Africa Energy Forum to be hosted in Mauritius

20th-anniversary: Africa Energy Forum to be hosted in Mauritius

01 February 2018, Sweetcrude, London, United Kingdom — The annual Africa Energy Forum (http://ift.tt/1zAYWaP) will celebrate its 20th birthday by inviting the international energy community to Mauritius for the four-day conference and private exhibition. Two hotels will be reserved for the duration of the conference with the AEF Village to be purposely built on the …

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NEITI laments non-implementation of audit reports

NEITI laments non-implementation of audit reports

Ike Amos 01 February 2018, Sweetcrude, Abuja — The Nigeria Extractive Industries Transparency Initiative (NEITI), Thursday, lamented the non-implementation of the findings and recommendations in its audit reports on the Nigerian petroleum industry. In a statement, Executive Secretary of NEITI, Mr. Waziri Adio, also appealed to the National Assembly to use the findings of the …

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ISPS Code: USCG expresses satisfaction with compliance level

ISPS Code: USCG expresses satisfaction with compliance level

Michael James 01 February 2018, Sweetcrude, Lagos — The United States Coast Guard, USCG, has expressed satisfaction at the compliance level of Nigeria with the International Ships and Ports Security (ISPS) facility Code at Nigeria’s ports. A delegation from the USCG led by Lt. Commander Jacob Hopper of the International Port Security (IPS) Liaison for …

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Conoil hits oil in OML 103

Conoil hits oil in OML 103

…Hydrocarbon found in two reservoirs OpeOluwani Akintayo 01 February 2018, Sweetcrude, Lagos – Conoil Producing, owned by business mogul Chief Mike Adenuga has reportedly found commercial sized hydrocarbon footage in its Tolu Ejanla-1 in Oil Mining Lease, OML 103 in the Niger Delta. The discovery was made in the fourth quarter of last year after rigorous …

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OPEC daily basket price close at $66.28/b

OPEC daily basket price close at $66.28/b

01 February 2018, Sweetcrude, Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $66.28 a barrel on Wednesday, compared with $66.60 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Zafiro (Equatorial …

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NNPC mulls PPP arrangements for oil, gas pipelines

NNPC mulls PPP arrangements for oil, gas pipelines

The GMD described pipelines as arteries of the nation’s Oil and Gas Industry, adding that part of the reform process embarked upon by the corporation under his watch was to birth an NPSC that has a clear focus which sees pipeline storage and distribution as real business.

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Nigeria remains attractive to investment – NCDMB Boss

Nigeria remains attractive to investment – NCDMB Boss

OpeOluwani Akintayo 01 February 2018, Sweetcrude, Lagos – Despite the fast-changing landscape of the global oil and gas industry, “Nigeria remains attractive for investments”, asserted Engr. Simbi Wabote, the Executive Secretary, Nigerian Content Development and Monitoring Board, NCDMB, at the BHGE 2018 annual meeting in Florence, Italy, which held from January 29 to 30. Fielding questions …

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