Month: October 2026

Shettima Commissions New Northwest Petroleum Headquarters as Nigeria Seeks Greater Indigenous Energy Investment  LAGOS, Nigeria — Nigeria’s Vice President Kashim Shettima has commissioned the new corporate headquarters of Northwest Petroleum & Gas Company Limited in Lagos, highlighting the company’s investment as a sign of growing indigenous participation in the country’s oil and gas industry.  Shettima commissioned the ultra-modern facility in Victoria Island on Friday, saying the new headquarters reflects Northwest Petroleum’s ambitions to strengthen its operations and remain competitive in an evolving global energy market.  The Vice President said the facility would provide a modern platform for collaboration among the company’s employees, business partners and other stakeholders, while supporting the company’s long-term growth.  He described the headquarters as an important expansion for Northwest Petroleum, an indigenous operator in Nigeria’s downstream petroleum sector, saying the investment sends a message to investors and clients about the company’s commitment to its operations in Nigeria.  According to Shettima, the development also demonstrates the role that indigenous companies can play in expanding private-sector capacity within Nigeria’s energy industry.  The commissioning comes as Nigeria continues to seek greater investment and stronger domestic participation across its oil and gas value chain, amid efforts to position the sector for a changing global energy landscape.  The new headquarters is expected to serve as the company’s corporate base as Northwest Petroleum continues to develop its business and engage with stakeholders across Nigeria’s petroleum and gas industry. 

(Kaieteur News) – Guyana’s oil reserves have dropped below the 11 billion barrel estimate, ExxonMobil Guyana Limited (EMGL) reported this week. The company in a productiodn report highlighted the unprecedented development in Guyana, moving from a “world-class” discovery just over a decade ago, to first oil only five years later which has evolved into one...

The Chamber of Oil Marketing Companies (COMAC) recently convened a strategic engagement with Civil Society Organizations (CSOs) at its Secretariat to discuss issues of mutual interest and explore opportunities for deeper collaboration within Ghana’s downstream petroleum sector. The engagement provided a platform for open dialogue on key sectoral challenges and opportunities, with participants sharing perspectives...

The Chamber of Oil Marketing Companies (COMAC) has continued its membership engagement initiative with a working visit to Desert Oil Limited at the company’s office in Achimota, Accra. The engagement brought together a COMAC delegation comprising Mohammed (Mo) Issah, Susana Eyiah, Akua Boateng and Golda Anyama Frimpong-Tenkorang, alongside the management team of Desert Oil Limited,...

The Chamber of Oil Marketing Companies (COMAC), has organised a training programme for journalists to deepen their understanding of Ghana’s petroleum downstream industry. The one-day programme brought together energy reporters, newscasters and editors and focused on key issues including petroleum pricing, the regulatory framework and operations of the downstream petroleum sector. The training also examined...

The 2026 National Science and Maths Quiz (NSMQ) champions, Presbyterian Boys’ Secondary School (PRESEC-Legon), have paid a courtesy call on GOIL PLC following their victory in this year’s competition. The champions were received by the Chief Operating Officer of GOIL PLC, Dr Marcus Deo Dake, and other members of Management at the Company’s premises. The...