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Monthly Archives

October 2023

  • In the NewsOil & Gas

    Israel Finds New Route for Gas Exports to Egypt Amid Gaza Conflict 

    by Motoni Olodun October 11, 2023
    by Motoni Olodun October 11, 2023

    Israel has resumed its natural gas exports to Egypt after a brief interruption caused by the escalating violence in the Gaza Strip. The gas, which comes from the offshore Tamar …

  • In the NewsOil & Gas

    San Leon Energy Secures Funding for Nigerian Oil and Gas Projects

    by Motoni Olodun October 11, 2023
    by Motoni Olodun October 11, 2023

    San Leon Energy, a London-listed oil and gas company, has announced a deal to secure $187 million in financing from a North American fund, Tri Ri Asset Management. The deal …

  • Energy TransitionIn the News

    South Africa’s Minister Advocates for Unified Development of Africa’s Oil and Gas Sector

    by Oluwatosin Racheal Alabi October 11, 2023
    by Oluwatosin Racheal Alabi October 11, 2023

    In a recent event held in Cape Town, Gwede Mantashe, South Africa’s Minister of Mineral Resources and Energy, emphasized the importance of a collective and sustained approach to the development …

  • Energy Transition

    Nigeria LNG Limited Eyes Expansion Despite Gas Supply Challenges

    by Oluwatosin Racheal Alabi October 11, 2023
    by Oluwatosin Racheal Alabi October 11, 2023

    Nigeria LNG Limited (NLNG) has been gearing up for the completion of its Train 7 project. Dr. Philip Mshelbila, the Managing Director and CEO of NLNG, underscored that a steady …

  • Oil & Gas

    Lebanon’s Gas Exploration Hopes Amid Israel Conflict

    by Victor Adetimilehin October 10, 2023
    by Victor Adetimilehin October 10, 2023

    Lebanon has launched its first offshore gas exploration in the Mediterranean Sea, hoping to find a new source of energy and revenue amid its worst economic crisis in decades. The …

  • In the NewsOil & Gas

    Kyari: Nigeria to Start Exporting Refined Petroleum in 2024.

    by Adenike Adeodun October 10, 2023
    by Adenike Adeodun October 10, 2023

    Amid circulating reports about persisting petrol subsidies, the Nigerian National Petroleum Company Limited (NNPC) firmly quashed these speculations. Specifically, Mele Kyari, NNPC’s Group Chief Executive Officer, clarified there is no …

  • Oil & Gas

    How Nigeria’s Fuel Crisis Could Be Solved by Private Importers

    by Motoni Olodun October 10, 2023
    by Motoni Olodun October 10, 2023

    Nigeria, Africa’s largest oil exporter, is facing a severe fuel shortage as the national oil company struggles to meet the demand of its 200 million citizens. The country relies heavily …

  • Energy Transition

    Israel’s Gas Field Closure Could Affect Egypt’s LNG Exports

    by Motoni Olodun October 10, 2023
    by Motoni Olodun October 10, 2023

    Egypt is facing a potential setback in its ambitions to become a regional gas hub and a major exporter of LNG, as the supply of Israeli gas to the country …

  • In the News

    Bangladesh to Join Nuclear Club with Russian Help

    by Victor Adetimilehin October 9, 2023
    by Victor Adetimilehin October 9, 2023

    World News Bangladesh is set to become the 33rd country in the world to produce nuclear power, with the help of Russia. The South Asian nation has received the first …

  • Markets

    Uganda Halts Chinese Oil Project Over Safety Concerns

    by Motoni Olodun October 9, 2023
    by Motoni Olodun October 9, 2023

    Uganda has suspended all operations at the Kingfisher oilfield, a major project run by the Chinese state-owned CNOOC, following a fatal accident on October 6. The Petroleum Authority of Uganda …

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Nigeria’s Oil Boom: Record Production in September 2023

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Egypt Courts Global Energy Majors to Bolster Gas Future
South Africa Regulator’s R54 Billion Eskom Error Fuels Public...
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