[BREAKING] Chevron Nigeria Makes Third Oil Discovery in 18 Months
The Nigeria National Petroleum Company Limited/Chevron Nigeria Limited Joint Venture (NNPCL/CNL JV) has announced the successful completion of the Awodi‑07
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Energy
Shell Plans to Invest $20bn in Bonga South West Project, Says Tinubu’s Adviser
President Bola Tinubu’s special adviser on energy, Olu Verheijen, says Shell has disclosed plans to invest $20 billion in Bonga
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Seplat Brings Tycoon Tony Elumelu, Top Shareholder, on Board
Following the Company’s prior announcement regarding the sale of Etablissements Maurel et Prom SA (“M&P”) 20.07% shareholding in Seplat to
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Nigeria: TotalEnergies Agrees to Sell Renaissance Stake to Vaaris for $800m
TotalEnergies has announced the signing of an agreement with Vaaris for the sale of its 10% non-operated interest in the
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Dangote Moves Petition Against Ex-NMDPRA Boss Farouk Ahmed to EFCC
The Chairman of Dangote Industries Limited (DIL), Aliko Dangote, through his legal representative, has filed a formal corruption petition against
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Ex-ExxonMobil Executive Bows Out as MD of Seplat’s Newest Unit SEPNU
Oladotun Isiaka, who was appointed to lead a Seplat Energy subsidiary that emerged following the acquisition of assets from the
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Billionaire Tony Elumelu Becomes Seplat’s Biggest Shareholder as French Firm Exits
Heirs Energies, an indigenous integrated energy company owned by billionaire Tony Elumelu, has become the biggest shareholder in Seplat Energy
Read moreElumelu’s Heirs Energies Buys 20% Stake in Seplat for $500m
Heirs Energies, an indigenous integrated energy company, has acquired the entire 20.07% equity stake (120.4 million ordinary shares) previously held
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NNPC Profit Rises to N502bn in November Despite Revenue Drop
State-owned Nigerian National Petroleum Company (NNPC) saw its profit rise by 12.3 percent last month despite a decline in oil
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NNPC Says Escravos-Lagos Pipeline Restored 19 Days After Explosion
NNPC Limited has announce the successful restoration of the Escravos–Lagos Pipeline System (ELPS) in Warri, Delta State. The NNPC said
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