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Energy

Nigerian Authorities Hopeful After Massive Oil Theft Busts

By Timothy Obiezu Abuja, Nigeria — The Nigerian National Petroleum Corporation says that weeks of an intense crackdown on oil thieves have significantly reduced the...

How Illegal Oil Pipeline Connecting High Sea Was Undetected for Nine Years – NNPC

In a shocking revelation, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari, has narrated how an...

San Leon Energy says it is making ‘good progress’ to clear Nigeria deal conditions

San Leon Energy PLC (AIM:SLE, AQSE:SLE, OTC:SLGYF) chief executive Oisin Fanning said the company is making good progress on clearing the conditions associated with...

Nigeria: NLNG Alerts Govt, Stakeholders On Export of Cooking Gas By Some Local Producers Despite in-Country Shortages

The Nigeria Liquefied Natural Gas (NLNG) Limited has drawn the attention of the federal government and other stakeholders to the export of Liquefied Petroleum...

Shell bought Nigeria’s Daystar Power as a first push into African renewable energy

Oil producing giant Shell has bought Daystar Power, a Nigeria-based company that provides businesses with solar energy solutions, marking its first acquisition of a...

Nigeria’s Seplat Spent $450 Million With Firms Tied to Founders

One of Nigeria’s largest independent oil and gas producers spent more than $450 million on goods and services provided by companies linked to its...

FG says it has recovered N2.6 trillion revenue from oil companies

The Nigerian Government has revealed it has recovered the sum of N2.6 trillion revenue from oil firms through the Nigeria Extractive Industries Transparency Initiative...

NNPC seals gas pipeline project agreement with Morocco, ECOWAS

The Nigerian National Petroleum Company (NNPC) Ltd will, on Thursday, seal a Memorandum of Understanding (MoU) on gas pipeline project with the National Office...

Buhari Consents To Acquisition Of Exxon Mobil Shares By Seplat Energy Offshore Ltd

In his capacity as Minister of Petroleum Resources, and in consonance with the country’s drive for Foreign Direct Investment in the energy sector, President...

Nigeria Secures $1.5bn Loan To Improve Solar Power Infrastructure

August 04, (THEWILL) - Nigeria has secured a $1.5 billion loan from the US-EXIM Bank to deliver solar power infrastructure in 10 different locations...

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