oil and gas

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PENGASSAN withdraws plan to shut down oil sector

PENGASSAN withdraws plan to shut down oil sector

By  Victor Young Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has suspended its plan to shut both the upstream and down sectors of the nation’s petroleum industry from Monday, after Rivers State government released the 22 offshore staff ExxonMobil detained since Thursday. Twenty-one of the released workers are members of PENGASSAN, while […]

Oil and Gas in Africa is good business — NJ Ayuk

Oil and Gas in Africa is good business — NJ Ayuk

Oil and Gas Companies Can Fuel Economic Growth, Stability, and Improved Quality of Life in Africa There is a way for African countries and societies to get the most value from their resources and, in doing that, making a positive impact in the world. Greater female empowerment, better governance, and more responsive national oil companies […]

Ijaw group endorses forensic audit of NDDC

Ijaw group endorses forensic audit of NDDC

By Jimitota Onoyume – Warri A group, Izon-Ibe Oil and Gas Producing Communities Association, has thrown its weight behind the forensic audit of the Niger Delta Development Commission, NDDC, saying it is a step that will reposition the commission to be effective on its mandate in the region. President of the group, Dr Irawo Joseph […]

Equatorial Guinea expects major oil & gas investments in 2020

Equatorial Guinea expects major oil & gas investments in 2020

The Ministry of Mines and Hydrocarbons has concluded its work program and budget meeting evaluations after technical negotiations with oil and gas companies; The country estimates $1.2 billion in investments and a contingent forecast of $273 million into its hydrocarbon sector in 2020; The country is actively pursuing international investors in an effort to increase […]