Energy
Oil & Gas and Power Sector related news
Seplat raises $260 million to complete ANOH project
Seplat has announced that it has raised $260 million to fund the completion of its ANOH Gas Processing Plant.
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Dutch court orders Shell Nigeria to pay compensation for oil spill
A Dutch court has ordered SPDC to pay compensation over oil spills in the Niger Delta region of Nigeria.
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Afreximbank disburses $250 million to TNOG to acquire 45% stake in oil lease
Afreximbank has announced the disbursement of $250 million support to TNOG to acquire a 45% stake in OML 17.
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CBN lends DisCos N18.5 billion to procure meters
The CBN has given a loan facility to DisCos in support of the Federal Government's National Mass Metering Programme.
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IOCs reject deep water provisions in PIB
IOCs claim deepwater provisions in PIB will deter investments in the Sector.
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Nigeria seeks technical support from UKNIAF to transform critical power infrastructure, projects
UKNIAF could help Nigeria transit from the 'Transitional Electricity Market (TEM)' to the 'Medium-Term Electricity Market (MTEM)'.
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Senate President lists benefits of PIB as public hearing on the bill opens
Ahmad Lawan has listed the benefits of the PIB presently before the National Assembly for consideration.
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Nigeria’s Qua Iboe crude exports resume as ExxonMobil lifts force majeure
ExxonMobil has lifted a force majeure on Nigeria’s Qua Iboe crude oil exports as production resumes.
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Malabu Oil Scandal: Prosecutors demand JPMorgan documents
U.S bank, JPMorgan has been ordered by a court to present documents of a transaction regarding the $1.3 billion Malabu...
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First cargo of Nigeria’s newest crude grade, Ayala, to arrive Europe
The first export cargo of Nigeria's newest crude grade, Anyala, is reported to be on its way to Northwest Europe.
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