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Oando Energy Group Chief Executive to Drive Energy Security Dialogue at African Energy Week 2022

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Wale Tinubu

Wale Tinubu, the Group Chief Executive of Oando Energy, will be shaping African Energy Week 2022 dialogue around best practices to fast-track Africa’s energy developments in the era of the energy transition

JOHANNESBURG, South Africa, September 21, 2022/APO Group/ — 

Wale Tinubu, Group Chief Executive of Oando PLC – a Nigerian multinational energy company operating in the upstream, midstream and downstream sectors – will be coming to Cape Town to attend and participate at this year’s edition of the African Energy Week (AEW) (www.AECWeek.com) conference and exhibition – Africa’s premier event for the oil and gas sector which will be taking place from October 18 – 21 at the V&A Waterfront.

Representing Nigeria – a global hydrocarbon heavyweight – and Oando Energy – one of Africa’s leading independent energy companies redefining the continent’s energy mix for secure supply, environmental sustainability, electrification progress and socioeconomic developments – the participation of Tinubu at AEW 2022 will be crucial for shaping serious discussions around the role the continent’s vast energy resources have and will continue to play in providing access to energy to the over 600 million people currently living without across the continent whilst driving industrialization and ensuring energy security at global scale.

A lawyer by profession, and a recipient of multiple awards including Entrepreneur of the Year: West Africa by Ernst & Young; African Business Leader of the Year by Africa Investor; and Global Young Leader by the World Economic Forum, Tinubu is well known for building successful businesses across Africa’s energy value chain. Under his leadership, Oando Energy has transformed into one of Nigeria’s and Africa’s most competitive oil and gas upstream, midstream and downstream market players, driving industry growth through innovative business models and mergers and acquisitions. With interests in 14 licenses spanning exploration, development and production, Oando Energy, under the direction of Tinubu, is transforming the continent’s oil and gas industry.

Tinubu is spearheading various mechanisms aimed at accelerating the penetration of renewable energy solutions including solar and waste to energy

With the energy transition unleashing significant impacts on the African hydrocarbons industry, Tinubu represents one of the industry executives spearheading industry revolution in pursuit of climate-friendly and sustainable development through the exploitation of the continent’s energy resources to address energy poverty. Tinubu’s over 28 years of experience in the development of the continent’s oil and gas resources has enabled the executive to simplify the successful transformation of Oando from a petroleum marketing company to an integrated energy group, now boasting production capacity of 43,000 barrels of crude oil per day and 57 million barrels of crude export volume to date.

Moreover, with inadequate investment and infrastructure limiting the continent’s gas sector from reaching its full potential, Tinubu is playing an important role in eliminating the operational constraints and inefficiencies regarding products importation and exportation across the Nigerian market through a series of investments in energy storage, retail and distribution. In addition to leading Oando, Tinubu is the Chairman of Axxela, leading Nigeria’s natural gas market growth by fast-tracking the build-up of distribution networks, and a result, heading one of Nigeria’s largest private sector gas distributors.

In this regard, Tinubu is well positioned to shape critical AEW 2022 dialogue around the challenges and opportunities faced across the continent’s entire oil and gas value chain. With both Africa and Nigeria seeking to diversify the energy mix to ensure the exploitation of all energy resources in pursuit of energy security, Tinubu is spearheading various mechanisms aimed at accelerating the penetration of renewable energy solutions including solar and waste to energy whilst ensuring the continent remains a climate champion.

“The Chamber is proud to host an industry veteran like Tinubu as he shapes serious discussions around how Africa can maximize the financing, exploration, production, exploitation and monetization of oil and gas resources whilst also fast-tracking the development of new technologies such as solar and electric vehicles to realize its energy security and economic growth prospects,” states NJ Ayuk, the Executive Chairman of the AEC.

Representing Oando Energy, a gold sponsor for AEW 2022, Tinubu will participate in high-level panel discussions and networking forums in which the executive will provide an update of his companies’ activities in boosting the continent’s entire energy value chain as the energy transition gathers pace.

Distributed by APO Group on behalf of African Energy Week (AEW).

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Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

Distributed by APO Group on behalf of Energy Capital & Power.

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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IsDBI

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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