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 […]
Nigerian Oil Industry Leaders Demand 3 Million Barrel Crude Reserve for Domestic Refineries
Nigerian Oil Industry Leaders Demand 3 Million Barrel Crude Reserve for Domestic Refineries The Petroleum Products Retail Outlets Association of Nigeria (PETROAN) has called for urgent government action to establish a sustainable crude oil supply framework for local refineries, proposing a strategic reserve of 3 million barrels annually for domestic processing facilities. PETROAN National President […]
ExxonMobil and Partners Secure Strategic Block 17 Extension in Angola’s Offshore Waters
ExxonMobil and Partners Secure Strategic Block 17 Extension in Angola’s Offshore Waters Energy giant ExxonMobil has successfully negotiated a production sharing contract extension for Block 17 offshore Angola, solidifying the consortium’s commitment to maximizing value from mature oilfields in the region. The renewed agreement includes partners TotalEnergies, Equinor, Azule Energy (a bp-Eni joint venture), and […]
Egypt’s Khalda Petroleum Set to Boost Production with Two New High-Yield Wells This Month
Egypt’s Khalda Petroleum Set to Boost Production with Two New High-Yield Wells This Month Khalda Petroleum is preparing to bring two promising new wells online in June 2025, with combined initial production estimated at 5,400 barrels of crude oil per day. The development represents a significant boost to Egypt’s domestic oil production capabilities as part […]
Nigerian Oil Prices Surge Toward $80 as Middle East Tensions Explode
Nigerian Oil Prices Surge Toward $80 as Middle East Tensions Explode Nigeria’s flagship crude oil grades are approaching the crucial $80 per barrel threshold as escalating conflict between Israel and Iran sends shockwaves through global energy markets. Brent crude futures jumped nearly 8% on Friday following Iran’s vow to retaliate against Israeli attacks. The geopolitical […]
NNPC Eyes Massive Investment Blitz with Five Major Project Decisions by Year-End
NNPC Eyes Massive Investment Blitz with Five Major Project Decisions by Year-End Nigeria’s state oil giant NNPC Ltd has announced an ambitious strategy to finalize investment decisions on five critical energy projects worth hundreds of millions of dollars by the fourth quarter of 2025. The announcement signals a major strategic shift under the company’s new […]
Nigeria’s Oil Production Plummets to 1.65 Million Barrels Daily as OPEC Quota Remains Elusive
Nigeria’s Oil Production Plummets to 1.65 Million Barrels Daily as OPEC Quota Remains Elusive Nigeria’s crude oil production has suffered another significant decline, dropping to 1.657 million barrels per day in May 2025, down from 1.683 million barrels recorded in April. The Nigerian Upstream Petroleum Regulatory Authority (NUPRC) confirmed the concerning trend on Friday, revealing […]