Category archives for: Oil & Gas

EBRD Finances Upgrade of Egypt’s Suez Refinery

May 24, 2018//-Supporting the modernisation of Egypt’s oil industry, the European Bank for Reconstruction and Development (EBRD) is providing a US$200 million for major investments in energy efficiency and refurbishment of the oil refinery owned by Suez Oil Processing Company (SOPC).

Kenya Trains Welders to Replace Chinese Workers on Oil Pipeline

May 18, 2018//-Kenya will Monday start British accredited training of oil pipeline welders to ease skills shortage that forced the country to ship in Chinese, Nigerian and Lebanese workers.

Ghana Inaugurates Committee to Supervise Open Bidding of Oil Blocs

Accra, Ghana, May 16, 2018//-The Minister for Energy, Boakye Agyarko has inaugurated a committee to supervise the open competitive bidding of Ghana’s oil blocs to prospective oil exploration companies.

32 Nigerian Firms, Others Grab Crude Oil Contracts

May 16, 2018//-The Nigerian National Petroleum Corporation (NNPC) has awarded 50 companies with contracts to buy Nigerian crude and more than half of them are local firms, foreign and Nigerian trading sources said, according to Reuters.

Oil Rises To $80 As U.S. Drilling Rises

May 14, 2018//-Oil prices steadied below 3-1/2 year highs on Monday as resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran, while rising U.S. drilling pointed to higher North American production.

How Mauritius Becomes a Gateway for Investment into Africa’s Energy Sector

May 14, 2018// — In the wake of Mauritius’ 50th anniversary of Independence back in March, we reflect on what the country has to offer African energy investors in 2018.

Shell Retailers, Spouses Rewarded with a Trip to Dubai  

  E/R, May 14, 2018//– Two hard working retailers, together with their spouses and a service champion, who demonstrated an exceptional business performance and maintained a customer centric approach to their work, will be embarking on an all-expense paid trip to Dubai to participate in this year’s Shell Global Smiling Stars Programme.

Will Modular Refineries Bailout Nigeria from Fuel Hitches?

May 13, 2018//-The Federal Government recently launched an aggressive drive to encourage investment in the nation’s modular refineries with a view to reducing the spate of fuel importation into the country.

Nigeria to Commence Oil Drilling Along the Gongola Basin 

May 11, 2018//-The Group Managing Director, Nigerian National Petroleum Company (NNPC), Dr Maikanti Baru, on Friday said that the company would commence the drilling of exploratory wells along Gongola Basin.

Ghana: Energy Ministry and TOR in Turf War

Accra, May 11, 2018//-The attempt by the Energy Ministry to scrap the Tema Oil Refinery (TOR) and turn it into a tank farm has received widespread condemnation.

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