Category: Oil & Gas
India says doors wide open for energy investment
The West is in an intellectual dilemma of its own making” Puri, Indian energy minister
And India’s government delivered. It released no-go areas in India’s exclusive economic zone for E&P operations covering a total of 1m km² off the west coast, the east coast and the Andaman and Nicobar islands to provide a boost to exploration.
Midstream and Downstream Gas Infrastructure Fund ‘ll attract $575bn investments in the gas sector, says FG
The MDGIF is a government fund set up to invest in infrastructure projects that will improve transportation and processing (midstream) and utilisation (downstream) of natural gas in Nigeria.
Shell’s withdrawal opens doors for Nigerian firms
Oil major’s departure from the Nigerian onshore oil business offers opportunities for local firms, but could also leave a financing gap
Africa embraces floating LNG
E&P firms may opt to stick with the “quicker payback” still available with oil developments instead.
Nigeria’s biggest gas pipeline advances
The 614km connection will advance domestic and regional gas utilisation for power generation and industrial development.
Dangote refinery startup fails to appease doubters
Mega-refinery set to transform Nigeria but questions remain over feedstock that may limit key gasoline production, at least for now
NNPCL discovers 83 illegal refineries, 22 suspects arrested
It had also stated that 32 illegal pipeline connections were uncovered, at the time the 52 illegal refineries were destroyed in the Niger Delta.
Dangote refinery begins diesel, aviation fuel production
However, the refinery has yet to produce Petroleum Motor Spirit, otherwise known as petrol.
Gas and LNG: Five things to watch in 2024
In this increasingly integrated context, there is a constellation of factors, developments and risks that could impact the sector in 2024, ranging from weather patterns to the progress of individual upstream or midstream projects
China’s gas goals face unconventional hurdles
The three most important factors for determining Chinese production growth potential are the size of the country’s reserves, future gas demand levels and production costs