Savannah Energy takes over Sinopec’s Nigerian unit SIPEC in $37m deal
Savannah Energy Plc has announced the completion of the acquisition of the 100 percent of the outstanding share capital of
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Energy
Three firms get licences to build oil refineries in Abia, Delta, Edo
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has given licences to three companies to build refineries in Edo, Delta
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NNPC to supply gas to LNG plant in Lekki FTZ for 20yrs
The NNPC Gas Marketing Ltd (NGML), a subsidiary of the NNPC Ltd, and its unincorporated joint venture partner, NIPCO Gas
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Oil price tumbles to lowest since May 2021 amid Trump’s energy push
Brent crude, the global oil price benchmark, fell below the $70 mark on Thursday for the first time since May
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Dangote loses N16bn as customers who bought petrol at old prices get refund
Dangote Petroleum Refinery & Petrochemicals has announced that it will refund customers who purchase petrol at rates higher than the
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Nigeria LNG builds third jetty for exports across Africa
Nigeria LNG (NLNG), the country’s biggest gas exporter, is building a third jetty to support small-scale vessels in supplying gas
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[BREAKING] Dangote refinery cuts petrol price for second time in February
Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of petrol to N825 per litre from N890,
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Trump dismantles Power Africa meant to boost electricity in Nigeria, others
An initiative by the United States to increase electricity supply in Africa has been dismantled by U.S. President Donald Trump’s administration
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NLNG shuts down four of six trains, says CEO
Nigeria LNG (NLNG), the country’s biggest gas exporter, has shut down four of its six trains as three pipelines supplying feedstock
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[BREAKING] Nigeria in talks with firm for $20bn investment: Oil minister
Heineken Lokpobiri, Nigeria’s junior oil minister, has said the country is in talks with an undisclosed firm aiming to invest
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