Tag: Oil and Gas
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Trump Energy Promises After One Year: Prices and Production
Overview: A Year of Promises in the Energy Arena On the campaign trail, President Donald Trump promised to dramatically reshape the U.S. energy landscape. He spoke of cheaper gasoline, lower electricity bills, and a mandate to “unleash” American energy production. The slogan “Drill, baby, drill” became a rallying cry for supporters who hoped for a…
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Dangote Refinery Signs $350M EIL Contract for 1.4M bpd Upgrade
Dangote Refinery Secures Major EIL Contract for 1.4 Million BPD Upgrade The Dangote Group has announced a significant step forward in its plans to expand Nigeria’s refining capacity. Engineers India Limited (EIL), a state-owned Indian engineering firm, has signed a contract valued at over $350 million to provide project management and related services for a…
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Obat Oil Aims to Roll Out 200 Retail Stations Nationwide
Obat Oil Sets Ambitious Target: 200 New Retail Stations Obat Oil is signaling a bold expansion in Nigeria’s competitive fuel retail landscape. In a candid discussion with the company’s leadership, the Group Managing Director, Akinfemiwa Akinruntan, highlighted a clear strategy to grow the retail network by introducing 200 new service stations across the country. The…
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New Era Energy & Digital Closes Acquisition of TCDC Stake, Expanding Footprint in the Permian
New Era Energy & Digital Closes 50% TCDC Acquisition, Expands Permian Footprint New Era Energy & Digital, Inc. (Nasdaq: NUAI) announced the closing of the acquisition of the remaining 50% stake in TCDC, strengthening its position as a developer and operator of next‑generation digital infrastructure and integrated power assets in the Permian Basin. The transaction…
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Closing the Methane Data Gap in Energy and Remediation
Overview: A Critical Gap in Methane Monitoring One of the most stubborn blind spots in the global energy transition is the methane data gap. While there have been advances in satellite monitoring, ground-based sensors, and voluntary reporting, emissions from orphaned and abandoned oil and gas wells often escape accurate accounting. These wells can leak methane—a…
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Closing the Methane Data Gap: WDF and Heath Partnership
Closing the Methane Data Gap: A New Industry Collaboration In a move poised to transform emissions accounting from the oil and gas sector, the Well Done Foundation (WDF) and Heath Incorporated announced a strategic partnership in January aimed at a stubborn blind spot: orphaned and abandoned wells. These wells, often neglected by routine oversight, can…
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Dangote Refinery Price Stability and Stock Listing Feasible: Expansion in Three Years
Dangote Seeks to Stabilize Prices Amid Stock Listing Push Nigerians received a clear message from the Dangote Group: price stability for motor fuels and the listing of Dangote Refinery stocks are achievable targets within the coming years. The steadying of prices and the prospect of stock market visibility for Nigeria’s largest privately run refinery could…
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Turkana Oil Project: Energy CS Pushes Parliament for Support
Introduction: A turning point for Kenya’s energy outlook Kenya’s energy sector stands at a critical juncture as Energy Cabinet Secretary (CS) seeks formal support from Parliament for the Turkana oil project. The push comes amid broader debates about domestic energy security, local jobs, and the revenue that a sizeable oil discovery could unlock for the…
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Private Pipeline in Peril Without Government Backstop, Says Former Alberta Energy Minister
Raising the Stakes: The Role of Government in Pipeline Projects A former Alberta energy minister has voiced strong concerns about the feasibility of a privately developed bitumen pipeline to the northwest British Columbia coast. The core of the argument is simple and stark: without a government backstop or active policy support, the project’s chances of…
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Libya’s Hidden Oil Price: The Licensing Round That Could Redefine North Africa’s Energy Landscape
Introduction: A Quiet Revolution in Libyan Oil Libya is quietly positioning itself for a major shift in its oil landscape. With more than 40 companies indicating interest in the country’s first oil field licensing round since the 2011 upheaval, the National Oil Corporation (NOC) is signaling confidence that production could climb toward ambitious targets. As…