Accra, December 11, 2017//-Vivo Energy Ghana, the sole distributor and marketer of Shell branded products and lubricantsin Ghana has been recognised for its innovation, efficiency, industry leadership and commitment to sustainable community development by the Ghana Investment Promotion Centre, Ghana Energy Awards, the UK Ghana Chamber of Commerce and Ghana Oil and Gas Awards in […]
Category: Oil & Gas
ADNOC Distribution Prices the Largest IPO on Abu Dhabi Exchange
Abu Dhabi, UAE – December 8, 2017//- Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution), the UAE’s number one fuel retailer and distributor and the operator of the UAE’s largest retail network by number of stores, today announced the successful pricing for its initial public offering of its ordinary shares.
Workers Strike Over Wrongful Dismissals At OCTP- TEN Oilfields
December 6, 2017//-Ghanaian workers operating on the ENI Onshore Receiving Facility (OCTP- TEN) project at Sanzule in the Ellembelle constituency in the Western Region, have suspended operations over unlawful dismissals.
Rising Commodity Prices, Recovering Confidence Key Drivers of Latin America’s Growth
December 6, 2017//-Recovering confidence, accommodative financial conditions, rising commodities prices and a healthy global backdrop have driven Latin America’s economic performance in third quarter (Q3), as the economy puts last year’s recession firmly behind it.
Vivo Energy Moves To Deepen Footprint in Africa
Amsterdam, The Netherlands, 4 December 2017//-Vivo Energy Holding B.V. (Vivo Energy) has today agreed to enter into a share transaction with Engen Holdings (Pty) Limited (Engen Holdings), a 100% subsidiary of Engen Limited, in relation to the purchase of shares in Engen International Holdings (Mauritius) Limited (Engen International Holdings) for the exchange of a shareholding […]
Nigerians Kick Over Sale, Privatisation Of National Assets
The Federal Government is considering selling some of its stakes in oil joint ventures to raise about $3 billion (about N1 trillion) in order to reduce the deficit for 2018 budget. The proposed 2018 Appropriation Bills of N8.6trillion has about N3.3trillion deficit, according to the details of the 2018-2020 Medium Term Expenditure Framework (MTEF) and […]
Tullow Secures $2.5 Billion Debt Refinancing
November 30, 2017 – Tullow Oil plc (Tullow) announced that it has completed the refinancing of US$2.5 billion of Reserves Based Lending (“RBL”) credit facilities.
900 Filling Stations To Shut Down In Lagos
Lagos, Nigeria, November 30, 2017// – The Lagos State chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN), yesterday threatened to withdraw its services across Lagos State and part of Ogun State as from December 11 due to irregular fuel supply at the NNPC’s Ejigbo satellite depot.
UK Trade Envoy Leads Landmark Oil & Gas Trade Mission to Uganda
Kampala, Uganda, November 29, 2017/ — The Prime Minister’s Trade Envoy to Uganda and Rwanda Lord Dolar Popat led a delegation of business representatives from the Energy Industries Council (EIC) on an oil and gas mission to Uganda.
Vivo Energy Gives Away Third and Fourth taxis in Promo
Accra, November 28, 2017//-A truck driver, Dawu Kwame and a civil engineer, Nicholas Selorm are the winners of brand new Hyundai Grand i10 taxis after the third and fourth mini draws took place in the ongoing Shell Filling ‘No Y3’ Deep Taxi Bonanza.