Nog to advance energy ambitions for competitive, resilient economies

አማርኛ

The Nigerian Oil and Gas (NOG) is set to advance energy ambitions aimed at building competitive and resilient economies.

Reports indicate that NOG plans to advance energy ambitions to support competitive and resilient economies. This initiative is highlighted in recent coverage from ThisDayLive. The effort aligns with broader goals in Nigeria's energy sector, though specific details on implementation remain limited in available information. Other related developments include concerns over the underutilisation of NCDMB’s $40m Women in Energy Fund, as noted by WIEN, and defenses by NEITI regarding federal government policies on oil and gas revenue remittances. Additionally, NIMASA has renewed its strategic partnership with the World Maritime University.

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PNOC Starts 2-Million-Barrel Diesel Procurement to Build Reserves

Building on initial import talks, the Philippine National Oil Co. (PNOC) has begun procuring two million barrels of diesel from global markets—doubling the planned buffer to 10 days' supply—Finance Secretary Frederick Go announced. Batches are expected this week.

Mantashe calls for accelerated oil and gas development

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At the Southern Africa Oil and Gas Conference in Cape Town, Minister Gwede Mantashe urged harnessing South Africa's oil and gas resources amid disruptions from the US-Israeli war on Iran. He stressed legislative urgency to avoid litigation delays. Industry leaders echoed calls for diversified energy portfolios.

CNOOC plans up to 3% oil and gas output increase in 2026

China National Offshore Oil Corporation (CNOOC), the country's largest producer, plans to boost oil and gas output to 780-800 million barrels of oil equivalent (BOE) in 2026, up to 3% from 2025's record. The announcement follows an 11.5% drop in 2025 net profit due to low oil prices despite record volumes.

Palace cites public-private efforts to mitigate energy crisis

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Malacañang has acknowledged the efforts of local government units and the private sector to mitigate the effects of the Middle East crisis, particularly on vulnerable groups. Executive Secretary Ralph Recto highlighted initiatives like boosting fuel supplies and providing free transportation. He described these as a synergy ensuring the nation's energy security amid external pressures.

May 01, 2026 03:23

Olaf Lies calls for North Sea gas extraction

April 15, 2026 02:35

Egypt vows to clear foreign oil partners' arrears by June end

March 29, 2026 20:12

Shell Egypt highlights Egypt as critical energy market ahead of EGYPES 2026

March 25, 2026 10:39

Madbouly: Egypt prioritizes energy efficiency and supply security

March 13, 2026 12:14

Tinubu establishes presidential petroleum reform task force

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የእኛን ጣቢያ ለማሻሻል ለትንታኔ ኩኪዎችን እንጠቀማለን። የእኛን የሚስጥር ፖሊሲ አንብቡ የሚስጥር ፖሊሲ ለተጨማሪ መረጃ።
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