OVH Energy Marketing Provides Valuable Recommendations To Drive The Nigerian Midstream Sector
Nigeria’s leading indigenous marketer of choice, OVH Energy Marketing (Oando Licensee) has proffered strong recommendations on the development of the midstream and downstream Oil...
Bboxx Energy Access Nigeria And REA Nigeria Sign OBF Grant Agreement
Bboxx Energy Access Nigeria signed an Output-Based Fund (OBF) grant agreement with the Rural Electrification Agency of Nigeria (REA Nigeria) last week Friday, as...
Oil Reaches $130 Per Barrel, The Highest Level In 14 Years
The price of crude oil hit $130 per barrel on Monday, the highest since July 2008, after the United States and its European allies...
ExxonMobil’s $1.6 Billion Asset Sale To Seplat Has Been Canceled By NNPC
The Nigerian National Petroleum Company Ltd has chosen to exercise its right of first refusal as stipulated in the JV's Joint Operating Agreement (JOA)...
Austin Avuru Resigns From Seplat As A Non Executive Board Member
Austin Avuru, a non-executive director of Seplat Energy Plc, has resigned from the company's board.
The news comes nearly two months after the company announced...
NMDPRA: Nigeria’s Gas Reserves Have Reached 209.5 TC
According to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigeria's proven natural gas reserves have increased to 209.5 trillion cubic feet (TCF)...
NNPC Emphasizes Full Deregulation Of The Downstream Sector In Order To Improve Domestic Refining
On Wednesday, the Nigerian National Petroleum Company (NNPC) Ltd. stated that complete deregulation of the downstream sector would increase the country's domestic refining capacity.
Mr...
Nigeria Economy Will Benefit From The SEPLAT And Exxonmobil Deal, Says Wood Mackenzie:
Seplat Energy Plc on February 25 announced an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU), a subsidiary of...
ExxonMobil’s Nigerian Shallow Water Assets Are Being Purchased By Seplat For $1.2 billion.
Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, has purchased ExxonMobil's entire offshore shallow...
Data Is Oil, And So The Privacy In It
Individual privacy should be of concern to investors, if only because it is becoming a trend that is already having an impact on the...
Seplat Energy Set To Acquire Mobil Producing Nigeria Unlimited
Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, announced on Friday that it has...
UK Set To Support The Energy Sector With £10m
Yesterday, the United Kingdom (UK) announced the provision of £10 million in concessional financing in collaboration with InfraCredit in order to mobilize pension and...
