Egypt’s exports of natural and liquefied gas amounted to about $8 billion in the fiscal year 2021/2022, according to a cabinet statement on Sunday. Previously, Finance Minister Mohamed Maait said …
Oil & Gas
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AfricaAFRICA NEWSBusinessEconomyEgyptEnergyNewsNorth AfricaNorthern AfricaOil & Gas
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AfricaAFRICA NEWSBusinessEconomyEnergyGhanaINVESTMENTNewsOil & GasSpotlightWestern Africa
Ghana conducts oil and gas roadshow in Texas to attract investors
The Petroleum Commission together with upstream players, GNPC, GOIL, and Base Energy under the leadership of the Minister for Energy, Dr. Matthew Opoku Prempeh is in Houston, Texas, United States …
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AfricaBusinessGhanaNewsOil & GasWestern Africa
Ghana commences decommissioning of Saltpond Oil Field
The Ghana National Petroleum Commission (GNPC) is set to commence the technical decommissioning of the Saltpond Oil Field in the Central Region. The decommissioning which was announced in 2016 was …
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AfricaAFRICA NEWSBusinessEastern AfricaNewsOil & Gas
EU/Ugandan Government saga continues as the EU summons TotalEnergies for questioning
The European Union (EU) parliament has emphatically voiced its concerns about the pipeline project the Ugandan and Tanzanian governments are devising. The pipeline which is designed to run through Lake …
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AfricaBusinessEconomyNewsNigeriaOil & GasWestern Africa
Six International oil companies to remit N380bn for domestic crude oil sales in October
The Nigerian National Petroleum Company (NNPC) Limited says six international oil companies (IOCs) will remit N380.04 billion in October as proceeds from the sale of domestic crude oil in July …
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Banking, Finance & InvestmentEconomyKenya NewsOil & Gas
KCB Injects Ksh 120 Billion to support Oil Marketing Companies as Govt Phases out Fuel Subsidies
KCB Bank Kenya has injected over Sh120 billion to support Oil Marketing Companies (OMCs) importing fuel as it seeks to consolidate its support to the energy sector. The facility is also …
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AfricaAFRICA NEWSBusinessEnergyNewsNigeriaOil & GasWestern Africa
NNPC says Nigerians won’t experience petrol scarcity in December and beyond
The Nigerian National Petroleum Company Limited ( NNPC) says the country will not experience petrol scarcity in December and beyond as it has made adequate arrangements for supply. Mr Umar Ajia, …
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EconomyEntrepreneurshipMoroccoOil & Gas
NNPC Seals Gas Pipeline project Agreement with Morocco and ECOWAS
Morocco’s National Agency for Mines and Hydrocarbons (ONHYM), Nigeria’s National Petroleum Company Limited (NNPC), and the Economic Community of Western African States (ECOWAS) signed a Memorandum of Understanding (MoU) for …
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EconomyEnergyKenya NewsOil & Gas
Inflation of electricity and fuel prices in Kenya hit the consumers
The energy regulator has made a U-turn and increased electricity prices by 15.7 percent, reversing the January cuts by the former President Uhuru Kenyatta administration, in what has handed consumers …
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Eastern AfricaEconomyOil & Gas
Fuel shortage hits ahead of price as investors sanguine in market stocks
Motorists have been hit by a fuel shortage following rationing to some retail outlets in Nairobi amid fears that marketers have cut volumes in anticipation of higher prices from Wednesday …