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NIGERIA SECTION

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Spotlight Exploration-Production 20/06/2017

Stan Bharti sets up VIP Gold club

Indian-Canadian tycoon Stan Bharti is preparing an offensive to transform Canadian junior African Gold Group Inc (AGG) into a major player on the West African gold scene. Until now, AGG had only explored gold at its Kobada project in Mali. [...]

Oil 13/06/2017

Petralon's all-star ex-Afren and Shell recruits get to work in Niger Delta

According to our sources, Nigerian junior Petralon Energy is hoping to sell the first barrels from the Nigerian Dawes Island [...]

Oil 13/06/2017

Ontario Oil & Gas plays trump card at supreme court

The appeal hearing opposing Lagos-based junior Ontario Oil & Gas [...]

Corridors of power 06/06/2017

Jonas Gbian bumps up UEMOA mining code to top priority

Freshly appointed as the commissioner in charge of mines at [...]

Business circles 06/06/2017

New team to manage mining sovereign fund

At the end of May, Nigerian president Muhammadu Buhari, and [...]

Oil 30/05/2017

London and Geneva form joint front against Kola Aluko Free

Great Britain’s Crown Prosecution Service (CPS), which opened an inquiry into corruption and money laundering against Nigerian businessman Kola Aluko, [...]

Oil 30/05/2017

Erin Energy hires former Nigerian minister

Texan junior Erin Energy recently gave its management a makeover [...]

Corridors of power 30/05/2017

Saraki reveals his political ambitions by pushing through first section of PIB

Nigeria senate president, Bukola Saraki, an undeclared candidate for the [...]

Business circles 30/05/2017

Aje: Panoro partners put British judges out of joint

British court condemns Panoro’s partners on Aje field after they breached a ruling preventing them from excluding the London firm from any operational decisions. [...]

Business circles 30/05/2017

New York court makes Exxon's case against NNPC more difficult

Hoping, since February (AEI 788), that the court of the [...]

Consultants 30/05/2017

DLA tries to conquer oil firms through Olajide Oyewole

The alliance formed mid-May between Lagos-based law firm Olajide Oyewole [...]

Power brokers 30/05/2017

Guus Klusener and Yi Zhang back on track at Addax

According to our sources, managing director Yi Zhang and chief financial officer Guus Klusener of Addax Petroleum, both under scrutiny [...]

Exploration-Production 23/05/2017

Double legal serving for Frank Timis

The Paris International Chamber of Commerce (ICC) is finally about to start arbitral proceedings between the Burkinabe state and Pan [...]

Power brokers 23/05/2017

Andrey Guryev expands his phosphates empire

Russian billionaire Andrey Guryev, one of the main shareholders and deputy chairman of the board of directors of phosphates and [...]

Oil 16/05/2017

Exclusive: Buhari's shortlist of swap magnates

Not yet an official list, here are the names of the local and foreign traders shortlisted to receive crude in exchange for petroleum products. [...]

Corridors of power 16/05/2017

Buhari and Osinbajo bow down to Niger delta militant group

Secret meetings held between representatives of the presidency, traditional leaders [...]

Business circles 16/05/2017

Seplat/Maurel & Prom pairing brought to court

Claiming that the French junior’s entry into the capital of Nigeria’s Seplat breached certain regulations, three investors have filed suit against Maurel & Prom in Paris. [...]

Oil 02/05/2017

Kachikwu banking its very survival on marginal fields

With output at half-mast and majors clipping their investments, the future call for tenders on marginal fields is the Nigerian oil state minister’s last chance to save his post. [...]

Oil 02/05/2017

Britannia-U loses decisive battle over former Chevron blocks

Nigerian firm Britannia-U’s move to sue the shareholder of the three blocks it wanted to buy, has been rejected by the American courts. [...]

Business circles 02/05/2017

Toscafund brings Hannam on board to seek San Leon deal

Banker and former-SAS officer, Ian Hannam is helping San Leon’s majority shareholder line up a potential sale of the junior. [...]

Business circles 02/05/2017

The Central Bank drops NNPC on Shell/ExxonMobil case

To prevent ExxonMobil and Shell from having access to its [...]

Power brokers 02/05/2017

Phil Patman, Vaalco’s righter of wrongs

While dodging blows from its shareholders who suspect the company’s books to contain substantial flaws (AEI 790), Vaalco Energy, the [...]

Spotlight Oil 11/04/2017

Addax case rubs off on Communist party

In the wake of Deloitte’s refusal to validate Addax Petroleum’s 2015 accounts at the end of last year due to serious question marks over certain transactions (AEI 788), the Swiss judicial authorities have muscled into the matter and arrested Addax’s [...]

Business circles 11/04/2017

Central bank weighs in on battle against Exxon and Shell Free

Unwilling to disclose banking secrets following the majors’ request, Nigeria’s central bank makes its case before the American courts. [...]

Consultants 11/04/2017

Olawale Akoni, local shepherd for foreign lawyers

To secure Nigerian National Petroleum Co’s win over Singaporean contractor [...]

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