Aradel to Raise ND Western Stake to 81.67% as Petrolin Set to Exit
Aradel Holdings Plc announced that its wholly owned subsidiary, Aradel Energy Limited, has entered into a definitive agreement to acquire
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Energy
NIPCO Plans to Buy 19.4% Stake in Savannah Energy
Savannah Energy Plc, the Africa-focused British independent energy company, has announced the planned introduction of a new strategic shareholder, NIPCO,
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NNPC’s Profit Plunges 60% in September as Output Falls
State-owned Nigerian National Petroleum Company (NNPC) saw its profit tumble by 60 percent last month as oil and gas production
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Shell Says Nigeria Needs Sustained Actions to Attract Gas Investments
Nigeria needs sustained actions to attract and retain investments in the gas sector to ensure economic growth and industrialisation, senior
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Shell Nigeria Sanctions $2bn Offshore Gas Project in Boost for NLNG Prospects
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, together with Sunlink Energies and Resources Limited,
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Savannah Energy Brings Ex-PwC Nigeria Boss and Top Lawyer on Board
Savannah Energy Plc, an Africa-focused British independent energy company, has appointed Uyi Akpata and Kehinde Olamide Ogunwumiju to its board.
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NNPC, Sahara, Two Others Unveil Nigeria’s First Crude Oil Terminal in 50 Years
The NNPC Limited, Sahara Group, Eroton E&P, and Bilton Energy Ltd. have commissioned Nigeria’s first wholly owned 2.2 million-barrel capacity
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Sahara Group Acquires Seven Rigs to Ramp Up Oil Output to 350,000bpd
Sahara Group, a global energy and infrastructure conglomerate, is aggressively expanding its upstream capacity with a target of producing 350,000 barrels
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Court Bars PENGASSAN From Cutting Gas Supply to Dangote Refinery
The National Industrial Court in Abuja has stopped the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) from
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Dangote Calls PENGASSAN’s Directive ‘Criminal’, Warns of Fuel Queues
Dangote Petroleum Refinery has warned that the recent directive issued by the Petroleum and Natural Gas Senior Staff Association of
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