Nigeria, a previous bright spot on big oil and gas investors’ radar screens, has dimmed substantially as investor attention is increasingly drawn to new and emerging developments in Namibia, Ivory…
French major TotalEnergies announced the sale of its stake in 18 oil mining licences (OMLs) in Nigeria – the majority of which are onshore – to Mauritius-based company Chappal Energies…
Siemens and PE Energy have announced their strategic partnership, aimed at enhancing the landscape with advanced industrial automation systems, motion and drives, as well as process instrumentation across Nigeria. This…
Multinational energy company TotalEnergies acts as a key contributor to economic growth and tax revenues in the markets in which it operates, extending beyond its core oil and gas exploration…
Marine LNG infrastructure developer Golar LNG has signed a project development agreement with the state-owned Nigerian National Petroleum Corporation (NNPC) for the deployment of a floating liquefied natural gas (FLNG)…
Integrated energy solutions provider Tetracore has commissioned phase one of its compressed natural gas (CNG) facility in Nigeria – representing a significant step toward strengthening the country’s natural gas distribution…
Sitting on an estimated 203 trillion cubic feet of natural gas, Nigeria is on a mission to monetise its gas resources and become a leading liquefied natural gas (LNG) exporter…
British multinational oil and gas company Shell has decided to sell the Shell Petroleum Development Company of Nigeria Limited (SPDC) – which owns onshore oil assets in Nigeria’s Niger Delta…
Dangote Petroleum Refinery has commenced production of diesel and aviation fuel. President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked President Bola Ahmed Tinubu for his support, encouragement and thoughtful…
The African Export-Import Bank (Afreximbank) has successfully arranged a syndicated US$3.3-billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPC). An initial disbursement of US$2.25 billion…
In a major step toward boosting Nigeria’s domestic refining capacity and attaining energy security (self-sufficiency), Dangote Petroleum Refinery and Petrochemicals plant has purchased 1 million barrels of Agbami crude grade…
