US focus on climate change meets mixed African reactions
The US administration has set out plans to cut financing for hydrocarbon developments, while African states are doing what they can to secure energy projects.
Nigeria
Subsidy payments squeeze NNPC revenues to FAAC
Nigerian National Petroleum Corp. (NNPC) has been forced to deny that the company has run out of cash.
Seplat increases gas and lines up name change
Seplat Petroleum has ramped up production in the first quarter and has set out plans to rebrand as Seplat Energy.
Buhari returns licences to Addax
Nigerian President Muhammadu Buhari has restored four licences to Chinese-owned Addax Petroleum.
Osinbajo calls for gas funding as part of transition
Stopping financing gas would derail developing countries’ plans for cleaner energy, Nigerian Vice President Yemi Osinbajo has said.
SimpliPhi makes minigrid move in Cameroon
West Africa is fertile ground for minigrid developments but companies must co-operate to broaden energy access successfully.
PIB fails to regain investor enthusiasm
Nigeria’s plans to overhaul its exploration and production sector through the Petroleum Industry Bill (PIB) fall short, according to Mariah Lucciano-Gabriel.
NCDMB downplays oil sector jobs plan for militants
The Nigerian Content Development and Monitoring Board (NCDMB) is ready to work with former militants, although warning that the oil and gas industry will not be able to provide all the jobs required.
Nigeria takes Addax licences, hands them to Offor
Nigeria has revoked four licences held by Addax Petroleum and handed them to the operator's former contractor.
Wärtsilä wins Nigeria power maintenance work
Wärtsilä has signed a long-term optimised maintenance agreement with a Nigerian company, covering three locations.
Family oil firm in Aberdeenshire celebrates best year in business
A family-run oil and gas firm in Aberdeenshire is celebrating its best year in business, 22 years since first setting up shop.
Total notes African delays, drilling plans
Total expects to start up its Ikike field, offshore Nigeria, by the end of 2021 and will drill a number of exploration wells across its African portfolio.
Energy transition ‘nightmare’ for traditional exporters
The energy transition is a “political risk nightmare” for hydrocarbon-export reliant states, a new report from Verisk Maplecroft has said.
Starsight shines light on Nigeria’s commercial demand
Nigerian industry is willing and capable to spend money to secure reliable power sources, with solar becoming one increasingly attractive option.
Mismanagement plagues Niger Delta oil communities
Some Nigerian communities will never receive a “fair share” of the cash generated from oil and gas produced in their neighbourhoods, a report has warned.
ADM lines up Barracuda buy
ADM Energy has set out a plan to acquire a stake in the Barracuda field, in Nigeria’s OML 141.
Milan court clears Eni, Shell of OPL 245 wrongdoing
A Milan court has acquitted Shell and Eni, and their executives, of allegations of wrongdoing around Nigeria’s OPL 245 licence.
Why gas flaring should be in the spotlight at COP26
At COP21 in Paris in 2015, 11 countries made gas flaring a stated commitment to their Paris Nationally Determined Commitments (NDCs). Disappointingly, five years on, flaring has increased for these 11 countries, by 6% to 60 billion cubic metres per year.
Wike calls for 10% host share in PIB
Rivers State Governor Nyesom Wike has called for a 10% allocation for host communities in the Petroleum Industry Bill (PIB).
Shell North Sea boss Phimister leaving role as part of UK management change
Shell North Sea boss Steve Phimister is moving into a new role as part of a change of UK senior leadership.
NNPC to supply gas to Moroccan plant in Akwa Ibom
Nigerian energy officials have visited Morocco in a show of support for an ammonia plant in Akwa Ibom State.
NOCs talk up ESG, attractiveness amid industry pressure
NOCs are not immune from the challenges posed by changing attitudes to energy, driving shifts to enter new business areas and operate more efficiently.
Chevron reaches first gas at Alen backfill
Chevron has reached first gas its Alen gas project, in Equatorial Guinea.
NNPC talks pipeline protection, maritime security
The Nigerian military has committed to providing “maximum security” for the country’s oil and gas assets.
Nigerian court orders Shell bank cash freeze
Shell faces another legal battle stemming from Nigeria, with a court ordering banks to freeze company assets.