Nigeria’s state oil company, NNPC Ltd, announced late Wednesday that it had signed a memorandum of understanding with Golar LNG of Norway to build a floating liquefied natural gas plant in the country. Nigeria, Africa’s largest oil producer, has some of the world’s largest gas reserves and is looking for investment to boost domestic supplies […]Read More
Seplat Energy has launched its initiative to donate well-equipped STEAM Laboratories to schools to promote a learning environment where students can participate actively in hands-on, practical STEAM learning. The goal is to unleash students’ potential and assist them in developing their science, engineering, mathematics, and art skills by using technology to create, collaborate and complete […]Read More
ExxonMobil Corp units in Nigeria have declared force majeure over oil shipments from several terminals in the country after industrial action, a spokesman for one of the companies told Bloomberg. Three units of the US major have declared a milestone allowing them to waive contractual obligations due to events beyond their control, a spokesman for […]Read More
In response to the offer made public in January 2023, the parties have now formally agreed to the purchase of all outstanding common units of GasLog Partners that are not beneficially owned by GasLog. GasLog Partners will make a special cash distribution of $3.28 per common unit to the GasLog Partner’s unitholders in connection with […]Read More
The Enugu Electricity Distribution Company PLC (EEDC) and the Government of Anambra State entered a strategic partnership aimed at delivering the energy requirements in the state, for reliable, universal electricity access. To seal this collaboration, Charles Chukwuma Soludo, the Executive Governor of Anambra State, presided over the memorandum of understanding signing ceremony which was held […]Read More
Copenhagen Infrastructure Partners (CIP) has acquired the majority stake in Mulilo Energy Holdings (Mulilo), a prominent renewable energy developer in Cape Town, South Africa, through its Copenhagen Infrastructure New Markets Fund I (CI NMF I). According to multiple reports, CIP will take over the company, while Mulilo’s current founders and management will continue to lead […]Read More
Roger Brown, the Chief Executive Officer of Seplat Energy Plc, has stepped down in response to an order from a Federal High Court in Lagos. Brown will cease acting as CEO until the outcome of a lawsuit filed by disgruntled corporate stakeholders against him and others. The British national was accused of racism, partiality towards […]Read More
Timipre Sylva, former Bayelsa State governor and Minister of State Petroleum Resources, has entered the race for the State’s gubernatorial seat. According to reports, friends of the minister paid N50 million for the former governor’s nomination and expression of interest forms in the All Progressives Congress. On Monday, the said friends reportedly went to the […]Read More
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