Energy

The Federal Government of Nigeria has presented a letter of consent to Seplat Energy Offshore Limited, a subsidiary of  Seplat  Energy, for the cash acquisition of the entire share capital of Mobil …

Nigeria lost N891bn to gas flaring in 18 months. This was disclosed in the latest data released by the Nigerian Oil Spill Monitor, an arm of the Nigerian Oil Spill …

Zenon Petroleum and Gas Limited has filed a winding-up suit against Prudent Energy and Services Limited, the parent company of Ardova Plc, over $6 million debt. AbdulWasiu Sowami, chief executive …

Beacon Power Services (BPS), a Nigerian energy-tech company, has announced closing a $2.7 million seed round funding led by Seedstars Africa Ventures. The founder and CEO, Bimbola Adisa, in a …

Shell Petroleum Development Company (SPDC) has the shutdown its floating, production, storage and offloading (FPSO) vessel, located off the Bayelsa coastline due to water leakage. The FPSO is a floating vessel used …

The Organization of Petroleum Exporting Countries, OPEC and its allies, have increased Nigeria’s oil quota to 1.830 million barrels per day, mb/d in September 2022, from 1.826 mb/d in August …

Traders can heave a sigh of relief after the Kenya Revenue Authority extended the compliance deadline to switch the new Electronic Tax Registers(ETRs) to September 30. KRA had initially set …

Potential car buyers in South Africa are increasingly interested in buying second-hand electric vehicles (EVs) according to Data from South African vehicle classifieds website AutoTrader . That is despite the …

Seplat Energy, Nigeria’s leading energy supplier has commenced the commercial injection of crude oil through the new Amukpe-Escravos Pipeline located in Niger Delta. The company previously depended on the Trans …

Nedbank wants to almost double its lending to green energy projects in South Africa over the next two years as it seeks to cement its position as a market leader …