Tag: Oil and Gas
Nigeria oil sector sustains positive momentum for three consecutive quarters
THUR AUG 29 2024-theGBJournal| The Nigeria oil sector grew by 10.15% y/y in Q2-24 (Q1-24: +5.70% y/y | Q2-23: -13.43% y/y) underpinned by a...
Nigeria and Equatorial Guinean sign agreement to finance fresh Gulf of...
...The agreement covered legislative and regulatory measures for the gas pipeline, establishment and operation, transit of natural gas, ownership of the gas pipeline, and...
Finance Minister Edun leads strategic meeting on NNPCL crude sales in...
MON AUG 12 2024-theGBJournal| The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, Monday led a key meeting aimed at implementing...
2024 LCCI International Business Conference & Expo to show case 15...
MON AUG 12 2024-theGBJournal|The upcoming Lagos Chamber of Commerce and Industry (LCCI) International Business Conference & Expo tagged “Invest Nigeria” will showcase 15 Unicorn...
Africa’s energy sector to litigate banks and financiers for ”financial Apartheid”
...The withdrawal of Western financial support from Africa’s oil and gas sector, coupled with delays in key projects due to lack of investment, threatens...
”The law is clear on domestic crude oil supply obligations,” says...
WED AUG 07 2024-theGBJournal| The Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari has said the company has not breached any of...
Acquisition Approval Delays| The wrong look for Nigeria
...There is a crying need for a new level of efficiency, timeliness, and openness in the approval process to give a fair shake to...
To stem investment elsewhere, Nigeria’s oil sector requires change
...With two-thirds or more of its revenue coming from oil, investor flight is a serious problem for Nigeria
...Five global oil companies are still working...
Oil sector projected to boost Nigeria’s GDP growth in Q2-24
...For the oil sector, we point out that domestic oil production has increased modestly in recent months after declining to 1.43 mb/d (including condensates)...
Angola’s 2025 licensing round underscores attractive exploration opportunities in Africa
...Angola's upcoming bid round offers 29 opportunities in hydrocarbon-rich basins, minimizing financial risk for exploratory companies
...Upcoming licensing rounds like Angola’s – as well as...
