Despite the volatile geopolitical and socio-economic landscape, Conoil Plc has made a commitment to prioritize strategies that ensure sustained dividend payment for its shareholders. Dr. Mike Adenuga, Chairman of Conoil…
Markets
-
-
According to a Reuters survey, Nigeria and Iran boosted their oil production in September, leading to a second consecutive monthly increase in OPEC’s output. The rise comes despite the ongoing…
-
Petronas, the Malaysian state-owned oil and gas company, has acquired a 40% stake in Block 20 in Angola’s Kwanza Basin from TotalEnergies, the French energy giant. The deal, which was…
-
In the era of dynamic leadership under President Colonel Mamadi Doumbouya, Guinea-Conakry is on an ambitious journey to develop its oil and gas sector. Spearheaded by the National Oil Company…
-
Savannah Energy, a British independent energy company, is facing challenges in its bid to acquire oil and gas assets in South Sudan from Malaysia’s state-owned Petronas. The deal, worth up…
-
Nigeria, a country with abundant oil and gas resources, is facing a chronic power crisis that affects millions of its citizens. The national grid is unreliable and insufficient, forcing many…
-
The Kenya Electricity Transmission Company Ltd (KETRACO) is gearing up for a groundbreaking initiative in the nation’s power transmission domain. The entity has recently secured funding from Agence Française de…
-
South African Minister for Electricity, Dr. Kgosientsho Ramokgopa, underscored the significance of inter-African collaboration in advancing decarbonisation and fortifying energy security across the continent. Speaking at the UNESCO 9th Africa…
-
Shell, a global energy leader, is set to revamp its offshore gas drilling in Mauritania. The highlight of this venture is the forthcoming Panna Cotta-1 wildcat well, which will be…
-
As the European energy landscape evolves, Algeria is emerging as a dominant force in the gas export arena. Harnessing its vast 159 trillion cubic feet of natural gas reserves, the…