NNPC’s $1bn ‘just about 5% of our refinery investment’, says Dangote
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
[BREAKING] Tinubu okays Shell’s sale of onshore unit SPDC to Renaissance
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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Oando posts 31% drop in quarterly profit
Oando, an indigenous energy company in Nigeria, reported a 31% decline in its profit after tax to N76.3 billion in
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Ex-Chevron executive joins Oando board
Joseph Olaoluwa Oando Plc, a Nigerian energy company, has appointed Cosmas Iweze, a former executive at US oil giant Chevron,
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[BREAKING] Shell Nigeria sanctions Bonga North deepwater project after years of delay
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a final investment decision (FID)
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Dangote petrol exported to South Africa, Angola, Ghana, Cameroon, others — Official
Petrol from Dangote refinery has been exported to several African countries in recent weeks, Devakumar Edwin, vice president of oil
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Meet ex-ExxonMobil executive tapped as MD for Seplat’s new unit after $800m deal
Mobil Producing Nigeria Unlimited (MPNU) has been renamed Seplat Energy Producing Nigeria Unlimited (SEPNU) following the completion of its acquisition
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Aradel agrees to buy stake in Chappal Energies
Aradel Holdings Plc has entered into an agreement to acquire 5.14% equity interest in Chappal Energies Mauritius Limited. The announcement
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Meet Nigeria’s Adeyemi-Bero, new chair of OPEC Board of Governors
Ademola Adeyemi-Bero, who was confirmed as Nigeria’s new governor for the Organization of the Petroleum Exporting Countries (OPEC) on Tuesday,
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$10bn spent on Nigerian suppliers, service providers in 10yrs: Chevron CEO
US oil major Chevron has said it spent an estimated average of $10 billion on Nigerian suppliers and service providers
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