Timipre Sylva, Nigeria’s minister of state for Petroleum Resources, has said the Nigerian government will continue to interfere in determining the pump price of petroleum prices “to protect the generality of the public from undue exploitation and prevent inordinate profiteering by oil marketers”
Industry
G20 invests in Middle East and North African countries for low carbon project
Investment in North African countries, besides Middle East, is the top priority of G20 investors, looking forward to working with renewable energy, energy transition and decarbonisation technologies, says the latest research report by Ashurst
Global decommissioning costs to total US$42bn through 2024: Rystad Energy
The total value of the global pool of decommissioning projects that will accumulate through 2024 could reach US$42bn, according to Rystad Energy estimates
Local content opportunities within Angola’s energy sector: AOP
Local content was an important topic for discussion during a public webinar hosted by the Africa Oil & Power and the African Energy Chamber
Nigeria warns oil and gas companies against abusing expatriate quota
The Department of Petroleum Resources (DPR) and the Interior Ministry and the Nigerian Content Development and Monitoring Board (NCDMB) have warned oil and gas firms against the abuse of its expatriate quota on manpower
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