News and Updates

Uganda is betting its future on the development of its oil and gas riches, while it simultaneously unveils an energy transition plan to be financed by profits from those same hydrocarbon sales. The East African country anticipates a “long-term economic uplift” over the next 25 or more years as oil and gas revenues pour $8.6 […]

The Nigerian National Petroleum Company Limited, NNPCL and Ministry of Finance have been asked to return all foreign exchange in their possession to the Central Bank of Nigeria, CBN. The Bank is thinking outside the box, as it is set to drive new policy directives to boost foreign exchange inflow and improve naira valuation against

Today, on the 26th of January 2024, we are delighted to celebrate the International Day of Clean Energy, and we are thrilled to share our continued commitment to playing a pivotal role in making clean energy a reality. For the past decade, Maneph Marine Services Limited has been at the forefront of providing top-notch oil

In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco. The discussion held on Wednesday, January 24, 2024, on the sidelines of a meeting between the Ekperikpe Ekpo, Honourable Minister of State for Petroleum Resources

Trinidad and Tobago eyes more natural gas from Dragon field offshore Venezuela following Shell deal There is an “open door” for the countries to develop more offshore natural gas fields that sit on mutual territories after Venezuelan President Nicolas Maduro issued a license so Shell Plc and Trinidad and Tobago can import from the Dragon

On this significant occasion of the International Day of Education, we at Maneph Marine Services Limited take pride in recognizing the pivotal role education plays in fostering global progress, innovation, and sustainable development. Education is not only the foundation of personal and professional growth but also a driving force behind the advancement of the maritime

Dangote Petroleum Refinery has registered Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Independent Petroleum Marketers Association of Nigeria, (IPMAN), and Major Oil Marketers Association of Nigeria, (MOMAN), for the distribution of products from the facility in Lagos. The company is also considering other marketers that have signified interest in the lifting and distribution

The Dangote Petroleum Refinery is to supply fuel to about 150,000 retail outlets operated by the Independent Petroleum Marketers Association of Nigeria following a meeting between the management of the refinery and executives of IPMAN. Last week Monday, it was exclusively reported that IPMAN had scheduled a meeting with the management of Dangote refinery as

Afreximbank arranged a $3.3 billion loan sponsored by the NNPC, meant to help Nigeria pay for crude oil purchases.The African Export-Import Bank (Afreximbank) said it has released $2.25 billion to Nigeria under a $3.3 billion syndicated credit facility sponsored by the Nigerian National Petroleum Co. Ltd. “This landmark financing is Nigeria’s largest crude oil prepayment

Fresh crises are brewing over Shell’s planned exit from the onshore segment of Nigeria’s oil and gas industry while Nigerian firms scout $4.5 billion to buy out the assets of the company and those of ExxonMobil and Nigerian Agip Oil Company Limited (NAOC). While Renaissance Africa Energy, yesterday, announced that it has reached an agreement