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Oil & Gas Trade
Nigeria Aims Big for Gas Sector With $575BN Investment Push
The Nigerian government has taken a significant step towards boosting its natural gas sector, inaugurating the Governing Council of the Midstream and Downstream…
Oil Exploration
FG Eyes 2.5 Million Barrels Daily Oil Production
Brent, the global benchmark for crude oil, witnessed a rise in price in the past three days, crossing $84/barrel on Friday, after trading for an average of $80/…
Oil & Gas Trade
Nigeria Seeks Gas Export Deal with South Korean Group
The Nigerian National Petroleum Co. Ltd. (NNPC) has held talks with a South Korean consortium toward a potential agreement for the export of Nigerian liquefied …
Natural Gas
Shell, Partners Agree to Develop Nigerian Gas Project
Royal Dutch Shell PLC's Nigerian unit said it has agreed to build a gas upstream facility in Lagos along with other joint-venture partners.The Shell Petrole…
Power Construction
Nigerian Company Begins Operating $1.3 Billion Chinese-Funded Power Plant
High-tension electrical power lines are seen at the Azura-Edo Independent Power Plant (IPP) on the outskirt of Benin City in Edo state, Nigeria June 13, 2018. R…
United Kingdom
Shell to Exit Nigeria's Troubled Onshore Oil After Nearly a Century
Shell (SHEL.L), opens new tab is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a…
Electricity Transmission
Kano Disco Seeks $200M Funding to Upgrade Infrastructure, Boost Power Supply
Kano Electricity Distribution Company (Kano Disco) is seeking $200 million in investment to upgrade its infrastructure and revolutionise electricity distributio…
Renewable Energy
NSIA, All on Collaborate on Energy Access
The Nigeria Sovereign Investment Authority (NSIA) and All On, a Nigerian impact investor focused on renewable energy, have joined forces to bring light and oppo…
Oil & Gas Trade
Nigerian and Chinese Energy Firms Seal $1BN Deal on Gas Flaring
A Nigerian energy company NIGUS International, have entered into a $1 billion agreement with Beijing Zhogmin Xinjunlong New Energy Technology Company Ltd., a Ch…
Oil & Gas Technology
Nigerian Govt Proposes 1M Gas-Powered Vehicles by 2027 – PCNGI
The Presidential Compressed Natural Gas Initiative, PCNGi, says the Federal Government plans to put one million gas-powered vehicles on the road by 2027.PCNGi&r…
LNG
Nigeria to Begin to Supply Gas to South Africa From 2024
Riverside LNG, a Nigerian-based energy company, has revealed ongoing discussions regarding a potential agreement to supply gas to South Africa from the first qu…
LNG
UTM Offshore Making Strides Towards Nigeria's First Indigenous Floating LNG Project
UTM Offshore and Nigerian National Petroleum Corporation (NNPC) have signed a shareholders agreement with Delta State Government for the development of the nati…
Oil Field
Nigeria Billionaire, Alakija's Firm Gets Six Oil Blocks in Sierra Leone
F.A Oil Limited, a company owned by Nigerian billionaire and Africa’s richest woman, Folorunso Alakija, has been awarded exploration rights in six offshor…
Oil&Gas Drilling
Uganda Extends Oil Exploration Licence for Nigeria's Oranto by Two Years
Uganda's oil ministry said it has granted Nigerian firm Oranto Petroleum Limited a two-year renewal of an oil exploration licence for two blocks located in …
LNG
Delta, NNPCL, UTM Partner on Nigeria's First Floating LNG
The Delta State Government, Nigerian National Petroleum Company Limited (NNPCL), and the UTM Offshore Limited, yesterday, signed a Shareholders’ Agreement…
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