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Wednesday, December 4, 2024

Nigeria wins bid to host new Africa Energy Bank

The decision, reached at an extraordinary meeting of the Council of Ministers of the African Petroleum Producers Organization (APPO), places Nigeria at the forefront of Africa's energy future, Minister of State Petroleum Resources Heineken Lokpobiri, said in a statement.

Midstream

Tinubu celebrates revival of Port Harcourt refinery, directs NNPC to promptly reactivate Warri, Kaduna refineries

Nigerian President Bola Tinubu extends his heartfelt congratulations to the Nigeria National Petroleum Company Limited (NNPCL) on the successful revitalization of the Port Harcourt refinery, marked by the official commencement of petroleum product loading on November 26, 2024.

MEET DR. AINOJIE ‘ALEX’ IRUNE: ENERGY TIMES’ YOUNG ACHIEVER OF THE YEAR

As COO, he has operational oversight of 16 onshore and offshore assets across Nigeria and Sao Tome & Principe. Since taking on the role in 2018, he has successfully redefined OER’s business model, instituting and leading Joint Venture improvement initiatives deploying solutions to mitigate production inefficiencies, significantly reducing costs while increasing production.
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OPEC+ hold crucial December 1 meeting online

The OPEC+ group looks set to hold its December 1 meeting to discuss production levels online rather than in person in Vienna, delegates told Bloomberg, noting they haven’t yet received invitations for a meeting at the OPEC headquarters in Vienna.

World