Global investment in upstream oil and gas is set to reach $570 billion by the end of the year – a 7% increase compared to 2023 expenditure. Of this, 33% is expected to be directed toward frontier assets, presenting a strategic opportunity for emerging oil and gas markets in Africa. However, as the global energy landscape undergoes a transformative shift towards cleaner energy sources, the African oil and gas sector faces unique challenges in securing financing. A panel discussion at this year’s African Energy Week: Invest in African Energies 2024 conference explored investment opportunities in the upstream oil and gas…
Author: THE CONNECTING NEWSPAPER
The Dallas Cowboys were dealt more bad news recently regarding their franchise quarterback, Dak Prescott.ESPN’s Adam Schefter reported Saturday that the 2023 NFL MVP runner-up is planning to have season-ending surgery for his partially torn hamstring.Prescott appeared to pull his hamstring awkwardly mid-throw during the team’s 27-21 loss to the Atlanta Falcons in Week 9.Schefter noted that Prescott and the team are awaiting the opinion of an additional specialist but that team medical staff expect him to need the surgery.If that unfortunate expectation comes to fruition, Prescott would be out for a minimum of four months. Team owner Jerry Jones…
It was like ‘Judgement Day’, says one victim, after a suicide bomber targeted passengers waiting to board an express trainQuetta, Pakistan — On Saturday morning, Ikhtiar Hussain, a senior ticket inspector for Pakistan Railways arrived at Quetta Railway Station in the country’s Balochistan province at about 8:25am local time (03:25 GMT), ready to board the train to start work. Seconds later, Hussain heard a powerful explosion and fell to the ground. Shrapnel from the explosion had hit his right cheek, and his face started bleeding. At least 26 people, including security personnel and civilians, were killed, and dozens were injured…
Originally appeared on E! Online Dua Lipa had to make a difficult decision. The “Don’t Start Now” singer was “heartbroken” to share that she canceled her Nov. 9 show in Jakarta, Indonesia, over fears that the stage would be too dangerous for performing. “I am here in your amazing country and ready to perform,” Lipa wrote in a Nov. 8 Instagram Story, “but I am gutted to share that it has been determined that it is not safe for the performance to carry on due to safety issues with the staging.” 🖤 https://t.co/jr78GThifd pic.twitter.com/JVRV36XKrt— DUA LIPA (@DUALIPA) November 8, 2024…
A panel session at this year’s African Energy Week (AEW): Invest in African Energies 2024 conference explored the advantages gas brings to the continent as well as its contribution to reducing emissions and attracting investment. With an estimated 625 trillion cubic feet of natural gas reserves throughout Africa, attracting investment in the sector will be critical for industrial development while helping meet the continent’s growing energy needs. International partnerships, joint ventures and technology transfers are poised to play a vital role in driving this strategy forward. During the panel session, it was noted that while Africa’s natural gas industry offers…
Nigerian music legend, 2baba, is overjoyed after receiving a luxurious electric car from billionaire politician, Ned Nwoko, as a belated birthday present.The gift comes after 2baba celebrated his 49th birthday recently, receiving warm wishes from family, fans, and colleagues.Taking to Instagram, 2baba shared a video of himself cruising into his residence in the sleek ride, showcasing the car’s impressive features. His ecstatic expression was visible as a voice in the background praised him.In the post, 2baba thanked Ned Nwoko for the car saying, “Bless you always, nwanne. Highly recommended, especially with petrol prices soaring!”The music legend’s appreciation post read: “Came…
The Florida Gators were wrestled into submission deep in the heart of Texas on Saturday afternoon.No. 5 Texas was blanking Florida 42-0 for two-and-a-half quarters, threatening to extend one streak and break another for the Gators.Saturday was only the fourth time the two programs have met on the gridiron and just the first since 1940. Texas had never lost in the all-time series, and the 49-17 demolition by the Longhorns kept it that way.But before Saturday, Florida had only scored one touchdown against Texas, and that was part of a 7-7 tie in 1924 — just over a century ago.The…
About 80 people are still missing and people are angry at the government after the deadliest deluge in decades.Thousands of people have demonstrated in Spain’s eastern city of Valencia to protest the authorities’ handling of one of Europe’s deadliest natural disasters in decades and call for accountability. Large crowds gathered in the central part of the city on Saturday night, with some clashing with riot police in front of Valencia’s city hall. Police were filmed using batons to beat back protesters who were marching towards the seat of the regional government. In Spain, regional governments are charged with handling civilian…
The actor in the horror franchise series “Candyman”, Tony Todd, died Friday evening. He was 69. The president of the agency Todd belonged to, Defining Artists, confirmed to NBC News of his passing. “Unfortunately, we can confirm the sad news of our client Tony Todd’s passing,” said Dede Binder, president of Defining Artists. According to Variety, the actor died in his Los Angeles-area home. The cause of his death is unknown. IMDb, a popular source for movie and TV content, Todd’s credits include “Night of the Living Dead,” “Lean on Me,” “The Crow,” the multiple Academy Award-winning “Platoon”, and “The…
Companies from Nigeria’s Renaissance Consortium discussed their evolving business portfolios and investment strategies at the African Energy Week: Invest in African Energies conference on Wednesday. Discussions explored the shifting dynamics in the Nigerian upstream sector, focusing on the trend of IOCs divesting shallow water and onshore operations in favor of deepwater acreage. The consortium includes ND Western, Aradel Holdings, the Petrolin Group, First E&P Development Company and Waltersmith Petroman Oil Ltd. “The opportunity to step into IOC shoes in shallow water and onshore is not easy. However, the beauty of divestment is, because it is onshore, the basic infrastructure is…