KEY POINTS Downer EDI Limited has signed a long-term maintenance and services deal with Chevron Australia that could be worth as much as $750 million over 15 years, marking a …
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KEY POINTS Weeks after the Federal Government promised measures to curb the rising cost of cooking gas, Liquefied Petroleum Gas, LPG, remains expensive across Abuja, frustrating households and retailers alike. …
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In the NewsOil & Gas
Egypt Exports LNG Shipment to Greece for Shell as Cairo Strengthens Role in Global Energy Market
KEY POINTS Egypt has exported a new shipment of liquefied natural gas, LNG, to Greece on behalf of Shell, the Ministry of Petroleum and Mineral Resources confirmed on Saturday. According …
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Energy TransitionOil & Gas
Koeberg Nuclear Power Station Unit 2 Marks 40 Years of Reliable Power as South Africa Extends Licence to 2045
Koeberg Nuclear Power Station’s Unit 2 has reached a major milestone, celebrating 40 years of providing safe, clean, and reliable energy to South Africa. The plant, located near Cape Town, …
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KEY POINTS Chevron confirmed this week it is nearing a final investment decision on the second phase of its 22 trillion cubic foot Leviathan gas field offshore Israel, a project …
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KEY POINTS Sierra Leone is pushing to build on its recent offshore oil exploration breakthrough with Italian energy giant Eni, as the West African nation seeks to position itself as …
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KEY POINTS The Abuja Electricity Distribution Company, AEDC, has laid off about 800 employees as part of a sweeping internal restructuring, marking one of the largest staff cuts in Nigeria’s …
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Energy TransitionIn the News
Over Two-Thirds of Nigerians Illegally Bypass Prepaid Meters, Deepening Power Sector Crisis
KEY POINTS More than two-thirds of electricity consumers in Nigeria are bypassing their prepaid meters to use power without paying, a practice that is bleeding the already fragile electricity sector, …
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In the NewsOil & Gas
Shell Awards Offshore Gas Contract to Halliburton for Nigeria’s OML 144 Development
KEY POINTS Halliburton has secured a major integrated drilling and completion services contract from Shell Nigeria Exploration and Production Company (SNEPCo), in collaboration with Sunlink Energies, to advance the development …
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KEY POINTS Oil prices fell on Wednesday as fresh signs of oversupply rekindled market fears of a global glut, dragging Brent crude below $64 per barrel and pushing West Texas …