Savannah Energy plans to double production after SIPEC acquisition
Savannah Energy Plc, a British independent energy company, is planning to increase production from the Stubb Creek oil and gas
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Energy
Oando contributes $500m in NNPC-Afreximbank oil-backed loan deal
Oando Plc, a Nigerian energy group, has said it was party to the successful closure of the $925 million facility
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Nigeria aims to cut stakes in refineries by 2026
Nigeria, Africa’s top oil producer, is looking to reduce its stakes in state-owned refineries in two years’ time. The refineries,
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Blackout: Labour union obstructing national grid recovery, says TCN
The Transmission Company of Nigeria has said the labour union is obstructing the restoration of the national grid. It said
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Nigeria faces more blackouts on national grid instability
Blackouts have worsened in many parts of Nigeria as the national power grid suffered increased instability. “We have received multiple
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Nigeria says OPEC+ cuts won’t distract efforts to boost output
Nigeria, a member of the Organization of the Petroleum Exporting Countries (OPEC), has said the production adjustment by the group
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Our focus is now on completing NAOC acquisition – Oando boss
Wale Tinubu, group chief executive of Oando Plc, has said the indigenous energy group is now focused on completing the
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Oando swings to profit as non-operating income surges
Oando Plc, a major player in the Nigerian oil and gas sector, has returned to profitability as its other operating
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Otedola’s Geregu Power partners Siemens to raise capacity by 765MW
Geregu Power Plc, a power generation company chaired by billionaire tycoon Femi Otedola, has struck a partnership with Siemens Energy
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Indonesia imported $3.8bn worth of Nigerian oil and gas in 2023 – Envoy
The Republic of Indonesia imported over $3.8 billion worth of oil and gas from Nigeria in 2023. Usra Hendra Harahap,
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