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Energy

Energy FEATURED Latest TOP STORIES 

British firm Prax, Shell pull back from PCK refinery deal

December 20, 2024December 20, 2024 Markets Reporters 0 Comments PCK Schwedt Refinery, Prax Group, Shell Deutschland GmbH

Prax Group and Shell Deutschland GmbH have decided not to proceed with a deal involving the PCK Schwedt Refinery (PCK),

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Energy FEATURED Latest TOP STORIES 

Power minister Adelabu’s 6,000MW target eludes Nigeria

December 20, 2024December 20, 2024 Markets Reporters 0 Comments 6000MW target, Nigerian power grid, Power Minister Bayo Adelabu

With the year drawing to a close, Nigeria looks set to miss the electricity generation target of 6,000 megawatts set

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Energy FEATURED Latest TOP STORIES 

Saipem wins $900m contract for Shell’s Bonga North project in Nigeria 

December 19, 2024December 19, 2024 Markets Reporters 0 Comments Bonga North project, Saipem

Saipem, in consortium with KOA Oil & Gas and AVEON Offshore, has been awarded a new offshore contract by Shell

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Energy FEATURED Latest TOP STORIES 

Seplat chair buys additional shares after ExxonMobil asset deal 

December 19, 2024December 19, 2024 Markets Reporters 0 Comments Seplat Energy

Seplat Energy Chairman Udoma Udo Udoma has bought additional 32,500 ordinary shares of the company.  Following this purchase, Udoma now

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Energy FEATURED Latest TOP STORIES 

Seplat Energy recognised for social impact, human capacity development

December 19, 2024December 19, 2024 Markets Reporters 0 Comments Seplat Energy, SERAS Africa 2024

Seplat Energy Plc, a major Nigerian independent energy company, has been named Best In Social Impact/Human Capacity Development at the

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Energy FEATURED Latest TOP STORIES 

EXCLUSIVE: Meet successful oil block bidders – seven-months-old firm, ex-student leader, ‘Baba Ijebu’, Abuja businesswoman…

December 19, 2024December 19, 2024 Markets Reporters 0 Comments Nigeria oil block bid round, NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) unveiled on Wednesday the winners of onshore and deep offshore oil blocks in

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Energy FEATURED Latest TOP STORIES 

[JUST IN] Dangote refinery cuts petrol price for second time in one month

December 19, 2024December 19, 2024 Markets Reporters 0 Comments Dangote petrol price cut, Dangote refinery

In what it described as ‘holiday bonanza’, Dangote Petroleum Refinery has reduced the price of its petrol to N899.50 per

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Energy FEATURED Latest TOP STORIES 

Aradel shares extend gains as Shell-Renaissance deal approved 

December 18, 2024December 18, 2024 Markets Reporters 0 Comments Aradel shares, Renaissance Africa Energy Company, Shell-Renaissance deal

Shares of Aradel Holdings Plc extended their gains on Wednesday as Shell’s sale of its Nigeria onshore subsidiary to Renaissance

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Energy FEATURED Latest TOP STORIES 

NNPC’s $1bn ‘just about 5% of our refinery investment’, says Dangote

December 18, 2024December 18, 2024 Markets Reporters 0 Comments Dangote refinery, NNPC

Dangote Industries has said the $1bn paid by the Nigerian National Petroleum Company is “just about 5% of the investment

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Energy FEATURED Latest Technology 

[BREAKING] Tinubu okays Shell’s sale of onshore unit SPDC to Renaissance

December 18, 2024December 18, 2024 Markets Reporters 0 Comments Renaissance Africa Energy Company, SPDC

President Bola Tinubu, who doubles as the minister of petroleum resources, has approved Shell’s sale of its onshore subsidiary to

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