News

220 Million Barrels Of Oil Unaccounted for in 10 Years

A report by the watchdog, Nigeria Extractive Industry Transparency Initiative(NEITI) has revealed that a total of 222,437,870 barrels of crude oil was unaccounted for by the Nigerian government in the period between 2004 and 2014.

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Nigeria Oil Production Rebounds to 2.15 Mbpd in June

Nigeria’s crude oil production rose by 200,000 barrels a day to 2.15 million in June, a Bloomberg survey of Organization of Petroleum Exporting Countries (OPEC) producers shows. The gain in Nigeria was the second-biggest in the survey and the highest output since September.

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Growing Domestic Energy Demand Cuts Oil Available for Export

Nigeria’s crude oil that is available for export is declining as a result of the rapidly increasing domestic energy demand combined with an inability to boost output.

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Dangote wins $300m Loan from AfDB for Proposed Refinery

The African Development Bank(AFDB) has approved a loan of $300 million to Dangote Industries Limited for the construction and operation of a greenfield fertilizer manufacturing plant as part of efforts to boost fuel supply and fertilizer production in Nigeria.

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USADF INVITES PROPOSALS FOR POWER AFRICA PROJECT IN GHANA

The US African Development Foundation; USADF in collaboration with GE Africa is inviting proposals from entrepreneurs in Ghana that can provide innovative renewable-energy solutions or off- grid energy proven technologies for boosting economic activities in rural areas.

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OPEC oil output slip by 70,000 bpd in June

Opec's oil output has fallen in June from May's three-month high, a Reuters survey found on Monday, as fighting in Iraq closed its largest oil refinery and technical problems slowed its southern exports.

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A CROSS SECTION OF CPEEL'S STUDENTS

A section of the Centre for Petroleum, Energy Economics and Law, students in class receiving the first refresher course lecture CEE 601.

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A SECTION OF STUDENTS RECEIVING LECTURE

A section of the Centre for Petroleum, Energy Economics and Law, students in class receiving the first refresher course lecture CEE 601.

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PROF ADEOLA ADENIKINJU, GUEST LECTURER, AT THE 15TH PROF BASSEY ANDAH MEMORIAL LECTURE IN CALABAR

From left:Guest Lecturer, Prof Adeola Adenikinju, Chairman, Senator Bassey Ewa Henshaw and Mr. Eyo Ekpo, who did the keynote address at the 15th Prof Bassey Andah Memorial Lecture in Calabar

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