According to a Reuters survey released on Tuesday, Nigeria’s crude oil production rose by 70,000 barrels per day in May. The document, made public in Lagos, showed that the country’s crude oil …
Energy
- EnergyOil & GasSouth AfricaSouthern AfricaUncategorized
Government intervenes on petrol price in South Africa: Petrol Hike
The government is set to announce further interventions on the petrol price in South Africa as the country faces a potential record hike of R4 per liter on Wednesday. Officials …
Platform Petroleum Limited, Nigeria’s leading indigenous oil & gas production company has felicitated Nigerian children on the occasion of the 2022 ’s Children’s Day celebration. “Children’s Day is a historic …
- AfricaEnergyWestern Africa
Africa needs an annual investment of $40 billion on energy for electricity, AFDB says
The African Development Bank (AFDB) says Africa needs an annual investment of $32 billion to $40 billion along the energy value chain to achieve universal access for electricity by 2030. …
South Africa needs to spend $250 billion (about R4-trillion) over the next three decades closing down its coal-fired power plants and replacing them with green energy, according to a study. …
The Executive Secretary of the Nigerian Content Development Board, Engr. Simbi Wabote, has said that the Federal Government plans to reach 20 million homes through the National Gas Expansion Program, …
Johannesburg, South Africa’s biggest city, needs R26 billion rand to stabilize power supply, Mayor Mpho Phalatse said. However, the city only has R7.7 billion for a budget that includes other …
Seplat Energy Plc has announced the appointment of Basil Omiyi as its new independent non-executive chairman. Mr. Basil Omiyi replaces A.B.C Orjiakor whose tenure ended Wednesday. According to a notice …
- EnergyOil & GasPress ReleasesTrending TodayWestern Africa
Total Energies launches sale of stake in Nigerian joint venture
French oil major TotalEnergies has launched a sale of its minority stake in a Nigerian oil joint venture. A document tendering for interest showed that the oil firm appointed Canada’s …
The NBS also says that Kaduna residents paid the highest price for petrol in April, compared to other states. The National Bureau Statistics (NBS) says the average retail price paid by …