Perenco Invests $200 Million in New Congo Platform to Drive 500,000 BOEPD Target
Perenco Invests $200 Million in New Congo Platform to Drive 500,000 BOEPD Target Anglo-French independent operator Perenco is constructing a major new offshore oil and gas platform as part of a substantial investment to boost hydrocarbon production in the Republic of Congo. The project, named Kombi 2, is currently under construction at the Nieuwdorp shipyard […]
Eni Launches Major Logistics Hub to Boost Congo’s Offshore Oil Operations
Eni Launches Major Logistics Hub to Boost Congo’s Offshore Oil Operations Eni Congo has officially inaugurated its new Yasika logistics platform at Saipem’s base in the port of Pointe-Noire, marking a significant expansion of offshore oil and gas operations in the Republic of Congo. The new facility is strategically designed to ensure efficient delivery of […]
Nigeria’s Petroleum Import Bill Plummets 75% as Domestic Refining Capacity Surges
Nigeria’s Petroleum Import Bill Plummets 75% as Domestic Refining Capacity Surges Nigeria has achieved a remarkable milestone in reducing its dependence on imported petroleum products, with import values dropping dramatically to ₦3.786 trillion in the first quarter of 2025, according to the National Bureau of Statistics. The latest Foreign Trade in Goods Statistics reveal a […]
Dangote Refinery Launches Revolutionary Free Logistics Program to Transform Nigeria’s Fuel Distribution
Dangote Refinery Launches Revolutionary Free Logistics Program to Transform Nigeria’s Fuel Distribution The Dangote Petroleum Refinery has unveiled an ambitious nationwide distribution initiative that will fundamentally reshape Nigeria’s fuel supply chain starting August 15, 2025. The Lagos-based facility announced it will provide free logistics support for Premium Motor Spirit (PMS) and diesel distribution to marketers, […]
Egypt Races Against Time to Prevent Summer Blackouts as Israeli Strikes Disrupt Gas Supplies
Egypt Races Against Time to Prevent Summer Blackouts as Israeli Strikes Disrupt Gas Supplies Egypt is implementing emergency energy measures after Israeli strikes on Iran severely disrupted natural gas flows, threatening catastrophic summer power cuts across the nation. Prime Minister Mostafa Madbouly announced Saturday that the regional conflict has slashed Egypt’s gas supplies just as […]
Massive Oil Rig Boom Signals Nigeria’s Petroleum Renaissance – Numbers Jump From 11 to 42
Massive Oil Rig Boom Signals Nigeria’s Petroleum Renaissance – Numbers Jump From 11 to 42 Nigeria’s upstream oil sector is experiencing an unprecedented revival as active drilling rigs have skyrocketed from just 11 to 42 following groundbreaking regulatory reforms, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) revealed today. This dramatic surge represents a nearly 300% […]
MAKING WAVES FOR CLIMATE ACTION!
MAKING WAVES FOR CLIMATE ACTION! The Esteemed Hub Foundation was honored to participate in the groundbreaking launch of the Youth for Wind and Climate Innovation Initiative! Our Executive Director Princess Doo Agbadu and two dedicated team members joined this transformative discourse that’s reshaping Nigeria’s clean energy future. What made this event extraordinary: • Brought together students, […]
INVEST IN AFRICA’S ENERGY, OIL & GAS SECTOR: A BILLION-DOLLAR OPPORTUNITY BECKONS ATTEND THE INTERNATIONAL AFRICAN ENERGY OIL AND GAS SUMMIT 2025 JOIN GLOBAL LEADERS AT IAEOGS NAMIBIA 2025
INVEST IN AFRICA’S ENERGY, OIL & GAS SECTOR: A BILLION-DOLLAR OPPORTUNITY BECKONS ATTEND THE INTERNATIONAL AFRICAN ENERGY OIL AND GAS SUMMIT 2025 JOIN GLOBAL LEADERS AT IAEOGS NAMIBIA 2025 Attend the International African Energy, Oil & Gas Summit (IAEOGS) Namibia 2025 Africa’s energy, oil, and gas industry is experiencing unprecedented momentum and the time to […]
East African Crude Oil Pipeline Launches Comprehensive Road Safety Initiative Across Uganda
East African Crude Oil Pipeline Launches Comprehensive Road Safety Initiative Across Uganda The East African Crude Oil Pipeline (EACOP) Ltd has partnered with Safe Way Right Way Initiative Ltd to launch an extensive Community Road Safety Project covering 294 kilometers across 10 Ugandan districts along the 1,443-kilometer pipeline route. The initiative, awarded to Safe Way […]
Federal Government Clarifies Position on NNPC Forward Crude Oil Sale Speculation
Federal Government Clarifies Position on NNPC Forward Crude Oil Sale Speculation The Federal Government has issued an official clarification regarding recent media speculation about potential forward crude oil sales involving the Nigerian National Petroleum Company Limited (NNPC Ltd), emphasizing that no final decisions have been announced. Mohammed Manga, Director of Information and Public Relations at […]