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Nigeria

How to revive a moribund JDZ?

Sao Tome and Nigeria are trying to kick-start exploration in the joint development zone following the departure of the majors. And that won’t be easy with oil falling to $45.

Subscribers only Energy 20.01.2015

Shell chooses safe pair of hands to run its Nigerian business

Shell has appointed a new chief for its businesses in [...]

Subscribers only Energy 20.01.2015

Local banks fret over drop in oil price

The continuing fall in the price of oil is complicating [...]

Subscribers only Energy 20.01.2015

Surge in Port Harcourt Refining Company’s output

With its upgrading program firmly underway, the Port Harcourt Refining [...]

Subscribers only Energy 20.01.2015

Azudialu-Obiejesi makes name for himself among independents

A Nigerian businessman who amassed a fortune in oil services with Nestoil, Ernest Azudialu-Obiejesi has turned his hand to production. [...]

Subscribers only Energy 06.01.2015

Official production plunges in 2014

In tabling the draft budget for 2015 before Nigeria’s parliament [...]

Subscribers only Energy 06.01.2015

Amcon finds a future for Ascot Offshore

On financial life support from Asset Management Corp of Nigeria [...]

Subscribers only Energy 06.01.2015

Washington in Lagos power play

After a mission devoted to the energy sector as a [...]

Subscribers only Energy 06.01.2015

Banks warned to prepare for drop in the oil price

In response to the quick fall in oil prices in [...]

Subscribers only Energy 06.01.2015

Funding for the power sector

Increasing amounts of money are being ploughed into upgrading Nigeria’s [...]

Subscribers only Energy 06.01.2015

PR expert joins Seplat

A public relations expert who worked up to now as [...]

Subscribers only Energy 06.01.2015

Outsized aims for Elumelu & Heirs Holdings

The firm Heirs Holdings is to shortly get into the oil exploration business or even into supplying gasoline to the [...]

Subscribers only Energy 16.12.2014

General Electric bolsters supplier's finances

General Electric doesn’t skimp when it comes to ensuring the viability of a future plant to manufacture turbines and oil gear.

Subscribers only Energy 16.12.2014

Musical chairs game at Crestar

There’s been a change at the top at James Bay [...]

Subscribers only Energy 16.12.2014

Nigeria LNG wants to slash bill

Nigeria Liquefied Natural Gas (NLNG) is examining the possibility of [...]

Subscribers only Energy 16.12.2014

Funding put together for Azura-Edo

The International Finance Corp (IFC), a unit of the World [...]

Subscribers only Energy 16.12.2014

Who is behind Crestar?

The Nigerian firm Crestar which is fighting to win the 45% that Shell, Total and ENI have put up for [...]

Subscribers only Energy 02.12.2014

Crestar won't let anything stand in way on OML 25

The management of Crestar, which Shell chose as preferred bidder for OML 25, are pulling out all stops to win a green light from the oil minister.

Subscribers only Energy 02.12.2014

Levant Energy, business angel to Sirius Petroleum

Thanks to its new financial adviser and backer, Sirius will find itself able to raise $30 million to develop Ororo.

Subscribers only Energy 02.12.2014

$75 million for Eland

Having pumped its first oil on the OML 40 block [...]

Subscribers only Energy 02.12.2014

Oando’s stakeholders in quest for $276 million

The shareholders in Nigeria’s Oando have agreed that the company [...]

Subscribers only Energy 02.12.2014

Oando lets go of stake in Brass LNG

With only months to go before elections, Nigeria’s president is still hoping against hope to develop Brass LNG.

Subscribers only Energy 18.11.2014

Cash infusion in sight for Horizon Petroleum

Known as Acadia Resources Corp (Canada) until July, 2013, Horizon Petroleum is changing more than its name at present.

Subscribers only Energy 18.11.2014

Ennio Sganzerla also jumps Afren ship

One after the other they’ve been abandoning ship. Ennio Sganzerla is the fifth director of Afren to quit the troubled [...]

Subscribers only Energy 18.11.2014

Stellar Energy seeking partners for Camac

A portfolio management consultant to oil companies, Stellar Energy Advisers [...]

Subscribers only Energy 18.11.2014

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