2023-07-07 07:58
Alles Charis, a leading provider of liquefied petroleum gas (LPG) solutions in Nigeria, has launched its internship programme for National Youth Service Corps (NYSC) members.
The initiati… Read More
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Orient Energy News is a top publisher in Oil and Gas News, Energy News, Events, Press Releases in Nigeria and Across Africa.
2023-04-01 12:32
Shoreline Natural Resources was incorporated on 10th December 2010. The company is a joint venture between Shoreline Power Company Limited, a Nigerian Company which has extensive interests i… Read More
2023-03-27 08:28
…13 Win Wind Power Contracts To Decarbonize North Sea Oil Operations
Thirteen firms have won contracts from Crown Estate Scotland, for offshore wind leases to support North Sea oil… Read More
2023-03-27 08:08
Tolls are beginning to fall in Frances’ energy sector with the lingering strike action by protesting workers. An extension of the current strikes at France’s Le Havre port has cu… Read More
2023-03-27 07:46
A report quoting unnamed four traders, has said that between 20 and 25 shipments of Nigerian crude for April loading are still floating on the high seas in Europe, searching for buyers.
T… Read More
2023-03-27 07:25
A Federal High Court in Lagos has dismissed a lawsuit alleging collusion with foreign companies and agencies, corruption and money laundering against Nigeria LNG, the managing director, Tony… Read More
2023-03-23 05:30
The Association of Power Generation Companies (APGC), an umbrella body of the Gencos, has confirmed the collapse of the anticipated minimum 5000 megawatts (mw) Power Purchase Agreement (PPA)… Read More
2023-03-23 05:30
ENGIE Energy Access, one of the leading off-grid providers in Africa and CarbonClear – a data-driven and innovative carbon offset certification company, have announced a partnership in… Read More
2023-03-23 05:30
A group, Development Agenda for Western Nigeria [DAWN], Commission, has called on state governments in the south western Nigeria to take advantage of the constitutional amendment bills that… Read More
2023-03-23 05:30
The Price Watch of Nigeria’s National Bureau of Statistics (NBS), has said that a combination of high petrol and diesel costs, added profiteering activities of Point of Sales [POS] ope… Read More
2023-03-23 05:30
President Muhammadu Buhari has said that over 220 vessels involved in maritime criminality within Nigeria’s Exclusive Economic Zone, up to the Republic of Togo, between August 2018 and… Read More
2023-03-22 09:08
The Nigerian National Petroleum Company (NNPC) Limited has named Mr. Jeane-Mare Cordier, a former vice president of the Abu Dhabi National Oil Company (ADNOC) as head of NNPC oil trading arm… Read More
2023-03-22 08:58
Power Generation Companies (Gencos) have called on the incoming federal administration to, as a matter of urgency, defray the N1trillion owed the sector, hasten the performance of operators… Read More
2023-03-22 08:52
For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with only a few kilometres… Read More
2023-03-22 08:47
Egypt’s petroleum and mineral resources minister, Tarek El Molla, has said that his country will set out its national low-carbon energy strategy in the coming weeks to adapt to technol… Read More
2023-03-22 08:37
The company formerly known as Royal Dutch Shell — simply Shell from January last year — has a proud European heritage. But the continent’s investors don’t love it, or… Read More
2023-03-22 07:53
The International Monetary Fund [IMF] has said that the economic fortunes of Libya, North Africa’s second-largest oil producer, will depend upon oil and gas production for the foreseea… Read More
2023-03-22 07:47
There are fears that the striking action in France’s refineries would tighten European diesel markets, even as crude oil markets are looking weaker.
France has been battling strikes… Read More
2023-03-22 07:41
…As Oil Prices Near $75
Russia’s Deputy Prime Minister, Alexander Novak has said his country will continue its 500,000 barrel per day crude oil production cut through the end… Read More
2023-03-21 09:37
OPEC’s secretary general, Haitham Al Ghais and Iraq’s prime minister, Mohammed Shia al-Sudani, have called for coordinated action among oil exporters and globally in order to red… Read More
2023-03-21 09:31
...refuses to disclose exact spot of spill
The Kuwait Oil Company has declared a state of emergency following an oil spill in the west of the country. The company is state-owned by one of… Read More
2023-03-21 09:24
The Nigerian Content Development and Monitoring Board (NCDMB) has explained that it decided to hold the 4th and Nigeria Oil and Gas Opportunity Fair [NOGOF] physically to offer small and med… Read More
2023-03-21 09:18
The Nigerian Gas Association [NGA] has announced the opening of its Learning Solutions Training Series coming up between March 27 and 30, 2023.
The four-day training event comes under the… Read More
2023-03-21 09:14
Former chief operating officer (COO), of erstwhile Nigerian National Petroleum Corporation (NNPC), Anibor Kragha, has been re-elected as executive secretary of the African Refiners & Dis… Read More
2023-03-20 05:30
Russian oil company, Lukoil has secured rights to two offshore energy blocks in the Republic of Congo in partnership with Eni, the Italian oil major.
The rights to the offshore blocks, kn… Read More
2023-03-20 05:30
Italian oil and gas major, Eni has announced the discovery of oil in the Sureste Basin offshore Mexico in a prospect that could contain around 200 million barrels of oil in place.
Making… Read More
2023-03-20 05:30
The Nigerian Content Development and Monitoring Board (NCDMB) has concluded the training and empowerment of 100 youths in Suleja, Niger state, on solar power installation and maintenance… Read More
2023-03-20 05:30
“Loss of knowledge about location of nuclear material may present a radiological risk, as well as nuclear security concerns”
The International Atomic Energy Agency (IAEA… Read More
2023-03-20 05:30
It is estimated that by today, Monday, four out of France’s six refineries will shut down as strikes escalate after French President Emmanuel Macron pushed through with a controversial… Read More
2023-03-16 08:09
The Ghana National Petroleum Authority (NPA) has confirmed that the country has implemented controversial regulatory measures, including the removal of fuel subsidy to ensure stability acros… Read More
2023-03-16 08:03
Oil price fell on Wednesday to $72 a barrel for the first time in more than one year. Brent crude, the global oil benchmark, fell over 5% to $72.39 a barrel — first time since December… Read More
2023-03-16 07:56
The International Energy Agency (IEA) has said that Russian revenues from oil fell in February as exports declined after the EU embargo on oil product imports from Russia by sea.
In… Read More
2023-03-16 07:49
Russia expects its oil and gas production to fall this year compared to 2022, partly due to the production cuts announced for March, Russian Energy minister, Nikolai Shulginov, told lawmaker… Read More
2023-03-15 05:30
OPEC has been forced to reverse up its forecast on China’s reopening; now says the Covid19 ridden country’s reopening is set to add momentum to global economic growth.
In its… Read More
2023-03-15 05:30
TotalEnergies’ has said that the $20billion LNG export facility it is handling in Mozambique would not start operations until 2027 at the earliest.
This is not withstanding if the F… Read More
2023-03-15 05:30
Seplat Energy has pushed production till fourth quarter [Q4, 2023], with a hint that the completion of the company’s ANOH gas processing plant is being delayed by NNPC Gas Infrastructu… Read More
2023-03-15 05:30
The Global Process and Pipeline Services Limited (GPPSL) in partnership with IK-Group of Norway has delivered for the first time in Nigeria and Africa, a 36-inch cryogenic pipeline add on ga… Read More
2023-03-15 05:30
India has said that it is not bound by the price cap decisions of the European Union and their Western allies.Yesterday, a source at the Indian oil ministry told Reuters that the country is… Read More
2023-03-15 05:30
San Leon, the independent oil and gas production, development and exploration has said that its economic interest in OML 18 is not impacted by a possible change of operatorship of OML 18. Fr… Read More
2023-03-15 05:30
As Nigeria’s President-elect, Asiwaju Bola Tinubu, prepares to assume office on May 29, 2023, analysts are saying he must consider the power sector in Nigeria and introduce far reachin… Read More
2023-03-14 06:00
The chairman of the Libyan National Oil Corporation (NOC), Farhat Bingdara, has stressed the importance of American companies returning to work in the Libyan oil and gas sector.
Many oil… Read More
2023-03-14 06:00
Reports from France says the strikes against a labor market reform have shut down the LNG import terminals, even as the impact continues this week.
French union representatives told Reute… Read More
2023-03-14 06:00
That Nigeria has lost a lot of revenue from oil is a fact. However, unknown to many, 40 per cent of this is caused by measuring inaccuracies in the system. Determined to put a stop to this… Read More
2023-03-14 06:00
Ivory Coast and Abu Dhabi’s clean energy company Masdar has signed an agreement to explore the development of a solar power plant.The deal is a part of the UAE’s “Etihad 7… Read More
2023-03-14 06:00
Nigeria’s Upstream Petroleum Regulatory Commission’s (NUPRC) has differed with the group chief executive officer of the Nigerian National Petroleum Company [NNPC], Mr. Mele Kyari… Read More
2023-03-14 06:00
…describes allegations against him as ‘spurious’Seplat Energy Board has unanimously passed a vote of confidence on its embattled chief executive officer, Mr. Roger, descri… Read More
2023-03-13 07:11
Russia is accelerating its exports of diesel to Saudi Arabia by both direct shipments and ship-to-ship transfers, international news agencies have reported.
Reuters reported last Friday… Read More
2023-03-13 07:11
Embattled North African country, Libya, is hoping to conduct oil and gas licensing round by next year, Libya’s state-run oil company chief said at just concluded CERAWeek.
It would… Read More
2023-03-13 07:10
Last weekend, the European Parliament and the Council presidency reached a provisional political agreement to reduce final energy consumption at EU level by 11.7% in 2030 compared to the for… Read More
2023-03-13 07:09
Nigerian government has hopes that the judgment by a London Court asking the country to pay $11billion as debt over the controversial Process and Industrial Development [P&ID] gas deal w… Read More
2023-03-13 07:08
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that the country’s average crude oil production witnessed an increased output in February 2023 with the prod… Read More
2023-03-12 05:45
A Federal High Court in Lagos Wednesday issued an interim order restricting the Chief Executive of Seplat Energy, Roger Brown, from everyday running and management of the company.
The cou… Read More
2023-03-12 05:41
The Council presidency and the European Parliament negotiators have reached a provisional political agreement to reduce final energy consumption at EU level by 11.7% in 2030.
Member state… Read More
2023-03-12 05:38
Several energy firms have developed oil and gas projects in Africa and the Caribbean in recent years as they shift to focus on low-carbon oil and future-proofing their operations.
With mo… Read More
Nigeria Content Development Management Board Emerges Best MDA In Efficiency, Transparency In Nigeria
2023-03-12 05:35
The Nigerian Content Development and Monitoring Board (NCDMB) has emerged as top performer in business efficiency and transparency in federal government’s ranking of ministries, depart… Read More
2023-03-10 07:05
The Nigerian Content Development and Monitoring Board (NCDMB) and Bank of Industry on Wednesday in Lagos launched a $50 million dollars fund for NOGAPS Manufacturing Product Line.
The fun… Read More
2023-03-09 12:13
Petrok Oil And Gas Services Limited is a project support company registered in Nigeria and dedicated to reducing clients’ risks by providing Manpower Supply and Development, Equipment/… Read More
2023-03-09 12:01
Chief executive officer of Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has said that Nigeria is currently positioned to benefit from over N200billion in new investment… Read More
2023-03-09 11:51
…Says Exxon will reconsider its role in Europe
America oil giant, Exxon Mobil Corp, has said it will reexamine its supermajor’s role in Europe in light of the new windfall pr… Read More
2023-03-09 11:41
Energy Information Administration [EIA] has reduced its earlier forecast for natural gas prices for 2023 and 2024. The EIA now sees natural gas prices averaging $3.02 per MMBtu this year, do… Read More
2023-03-09 11:33
OPEC’s secretary general, Haitham Al Ghais, has said that the organization is cautiously optimistic about China’s oil demand this year, expecting consumption growth of between 50… Read More
2023-03-09 11:26
Nigeria’s plans to expand the domestic LPG market to 5mn t/yr by 2030 from 750,000 t/yr in 2017 have coincided with severely challenging conditions, brought about by the Covid-19 pande… Read More
2023-03-08 07:12
In UK the National Grid ESO has asked coal-fired plants to stand by, as a cold snap has caused a shortage in electricity, pointing out an imminent tight power supply in the region
Nationa… Read More
2023-03-08 07:08
In addition to being a sociopolitical bloc, the European Union has decided to transform into a buyers’ group on the international gas market next month as it launches the first tender… Read More
2023-03-08 07:01
Tanzania has confirmed the completion of talks with supermajors, Shell and Equinor, for the construction of a $30-billion LNG export facility in the country.
The $30billion export facilit… Read More
2023-03-08 06:53
…New data says the economy slumped in Q4
A recent data has suggested that the economy of Africa’s most industrialized nation, South Africa, may be heading for recession due t… Read More
2023-03-08 06:48
Russia has said that against the belief of the West that the price cap against its oil is working, the country does not recognize the price cap and have been able to contain any pressure fro… Read More
2023-03-07 18:21
...Deep water in Nigeria remains an attractive opportunity – ExxonExxon Mobil Corp has expressed the hope that it will get Nigerian government approval to allow the stalled sale of its… Read More
2023-03-07 17:39
NNPC Eighteen Operating Limited, a subsidiary of NNPC Limited, is now the new operator of OML 18. This development followed a decision by the NNPC it from the previous operator, Eroton Explo… Read More
2023-03-07 17:04
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that it working hard to achieve additional 400,000b/d from some mega projects, to enable it surpass the 1.8million barr… Read More
2023-03-07 16:42
Nigeria and other parts of Africa are home to some of the world’s largest oil and gas reserves – boasting over 125 billion barrels of proven crude oil reserves and 220 trillion c… Read More
2023-03-06 06:48
Representing upstream in exploration, offshore and onshore production, as well as downstream in refining and petrochemicals, SPIE Oil & Gas Services is dedicated to addressing the emergi… Read More
2023-03-06 06:44
Representing upstream in exploration, offshore and onshore production, as well as downstream in refining and petrochemicals, SPIE Oil & Gas Services is dedicated to addressing the emergi… Read More
2023-03-06 06:29
Russia’s bumped-up oil exports to India are here to stay as the two are building a long-term relationship based on cheap prices, according to a top Kpler analyst.
The shift in flows… Read More
2023-03-06 06:24
Chairman of Emohua local government area of Rivers state, Mr. Chidi Lloyd, has blamed security agencies drafted to protect oil pipeline infrastructure in the state of collaborating with oil… Read More
2023-03-06 06:17
The Major Oil Marketers Association of Nigeria (MOMAN) has called for the automation of the industry in order to facilitate transparency in the downstream sector of the oil industry.
The… Read More
2023-03-06 06:14
Italian engineering contractor, Saipem, has assured that it is restarting work this July on TotalEnergies LNG project in Mozambique.The 12.9 million metric tons/year project was suspended in… Read More
2023-03-06 06:06
The World Bank has announced the advancement of $64.2 million financing for the electrification of at least 60 localities as part of projects initiated the World Bank.
The $64 million fin… Read More
2023-03-06 06:02
The Africa Minigrids Program (AMP) recently launched in Burkina Faso as the country aims to increase rural electrification through access to solar energy.
Reports say just about 10% of th… Read More
2023-03-06 05:58
There are top level discussions within the polity of the United Arab Emirates about the prospects of leaving the Organization of Petroleum Exporting Countries [OPEC].
Made up of seven emi… Read More
2023-03-03 07:11
President Muhammadu Buhari has inaugurated the Maiduguri Emergency Power Project. He said the project is a testament of the zeal by his administration to achieve a stable, uninterrupted powe… Read More
2023-03-03 07:07
A rooftop solar power plant has been adopted for the Snake Island Integrated Free Zone in Lagos.The solar power plant is the first step towards the development of a 20 MWp installed solar ca… Read More
2023-03-03 07:04
China is reported to be snapping Russia’s seaborne oil exports, hitting a record high in March as the former snaps up the commodity at huge discounts.
China is expecting a whopping… Read More
2023-03-03 07:01
…Raise Minimum Wage, Pension From To April 1
Egypt has announced a package of wages and pension increases to make residents contain the effect of soaring prices.Yesterday, the coun… Read More
2023-03-03 06:54
Adversaries Morocco and Algeria are each racing to build a conduit pumping Nigerian gas to European markets, even as the continent aims to wean itself off fossil fuels.
Both countries hav… Read More
2023-03-03 06:48
A survey has revealed that oil output by the Organization of Petroleum Exporting Countries (OPEC) rose in February led by a further recovery in Nigerian supply by as much as 100,000 addition… Read More
2023-03-01 09:51
BP’s chief executive officer, Mr. Bernard Looney has warned of renewed oil and gas price spikes if supply is cut too quickly without a drop in demand.
Looney, who spoke at the Inter… Read More
2023-03-01 09:42
The chief executive officer of Russia’s oil company Gazprom Neft, Alexander Dyukov, has said that the Russia’s decision to reduce its oil production by 500,000 barrels per day (b… Read More
2023-03-01 09:36
Reports say Russia’s oil exports remained active in February despite increasing Western sanctions. Bloomberg said the country ostensibly found new buyers of its products, quoting Kpler… Read More
2023-03-01 09:22
Foreign investors are dropping crude production and betting on LNG developments.Summary• Oil majors have been pulling out of crude projects in Africa, engendering caution about foreign… Read More
2023-02-28 08:05
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has expressed the displeasure of the association over the disappointing performance of Electricity Distribution… Read More
2023-02-28 08:03
The chief executive officer of globally reputed trading company, Vitol, Russel Hardy has said global demand for crude oil could hit record highs this year – potentially driving prices… Read More
2023-02-28 07:59
Russian oil firm, Lukoil is hoping to seal a deal requiring the sale of 38% of its deepwater oil and gas field offshore GhanaReuters said in a report that the potential sale could unblock th… Read More
2023-02-28 07:56
Reports yesterday said oil prices began the week’s trade with a slight loss before bullish and bearish factors struck what seemed like a balance.
Brent crude was trading at $82.66 p… Read More
2023-02-28 07:51
OPEC+ leader, Saudi Arabia, has advanced $400 million in aid to Ukraine. The aid comes one year after the latter was bulldozed by the Russian war machine.
The aid package includes financi… Read More
2023-02-28 07:45
Due to shortages caused by a drop in Russian exports, European natural gas prices could “more than double” next year, Goldman Sachs has said.
The Goldman Sachs Group, Inc. is… Read More
2023-02-27 07:26
As one of the world’s leading energy companies Shell plays a key role in helping to meet the world’s growing energy demand in economically, environmentally and socially responsib… Read More
2023-02-27 07:16
Nigerian government has announced Mainstream Energy Solutions as the preferred bidder for the Zungeru hydroelectric power plant concession.
MESL reportedly won the 700MW power plan after… Read More
2023-02-27 07:07
From 3.98% a year earlier, Nigeria’s oil theft coupled with deferred investment in Nigeria’s oil industry has caused the country’s economy growth to slow to 3.52% in the fo… Read More
2023-02-27 06:56
The U.S. defense department has announced additional $2 billion “security assistance” for Ukraine.The package includes ammunition for HIMARS rocket systems and other weaponry, hi… Read More
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