There is optimism among stakeholders that the much-expected Dangote refinery will change the narratives in the nation’s downstream sector this year. The 650,000 barrels per day (bpd) Dangote refinery, Located …
Category:
Energy
Nigerian state oil company NNPC has signed a $1.04 billion facility with the African Export-Import Bank (Afrexim) for petroleum exploration, the bank said in a statement on Wednesday. The agreement …
With over 36 billion barrels of oil and 200 trillion cubic feet of natural gas, Nigeria has emerged as one of Africa’s biggest energy sectors, attracting significant levels of investment …
Many African countries have an abundance of natural gas or other fossil fuels, and they argue forcefully that the rest of the world doesn’t have a right to tell them …
The federal government yesterday officially launched the Opening Extractives Programme (OEP), a global five-year scheme to unveil the real owners of assets in Nigeria’s oil, gas and mining sectors. To …
The Federal Government, through the recently established Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday, said it would become compulsory for oil and gas companies operating in the country to disclose …
Ugandan High Commissioner to Nigeria, Nelson Ocheger, said six Nigerian companies have indicated interest to invest in Ugandan oil and gas industry. Ocheger who didn’t identify the firms spoke in …
Rainoil Limited has completed the acquisition of majority shares in Eterna Plc, a publicly listed oil and gas company. The acquisition was completed following the successful purchase of majority shares …
Italian multinational oil and gas company Eni, announced Tuesday three new oil and gas discoveries in the concessions of Meleiha and southwest of Meleiha, in Egypt’s the Western Desert. Egypt’s …
European Union energy ministers clashed at an emergency meeting over how to cushion consumers and companies from soaring power and natural gas prices, with political and legal constraints leaving little …