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Nigeria

Addax runs foul of Izombe

Because it depended too much on its local partner, powerful businessman Emeka Offor, the Chinese company allowed the situation with local communities to deteriorate dangerously.

Subscribers only Energy 10.06.2014

Parliamentary probe into OML 29

With Shell poised to finalize the sale of its stakes on OML 29, Nigeria’s Parliament is looking into what lies behind the deal.

Subscribers only Energy 10.06.2014

Erik Slotboom

Addax Petroleum, an affiliate of China’s Sinopec, is pushing ahead with its drive to hire former executives of Shell Gabon. [...]

Subscribers only Energy 10.06.2014

NNPC

The Nigerian National Petroleum Corp has decided to cancel a [...]

Subscribers only Energy 10.06.2014

Oando stymied

Finalized since early this year, the acquisition of ConocoPhillips assets [...]

Subscribers only Energy 10.06.2014

Diezani Alison Madueke

Diezani Alison Madueke, Nigeria’s oil resources minister, is being forced [...]

Subscribers only Energy 10.06.2014

Spotlight
OCP set for long rule over fertilizer market

Morocco’s powerful Office Cherifien des Phosphates (OCP) is about to open an office in Abidjan and for a very good reason - the market for NPK fertilizer in the sub-region has gone through the roof.

Subscribers only Mining 03.06.2014

Karim Kola

African Eagle Resources is seeking to continue re-positioning itself with the appointment of Arikolade Adebayo Karim, (known familiarly as Karim [...]

Subscribers only Mining 03.06.2014

Lekoil follow’s Steinmetz lead

After trying in vain to acquire Shell assets in the Niger Delta, the Nigerian firm Lekoil has finally bought a stake in the marginal Otakikpo field once coveted by Israeli tycoon Beny Steinmetz.

Subscribers only Energy 27.05.2014

A phantom licensing round

Six months after being formally launched, a bidding round for marginal fields has yet to begin.

Free access Energy 27.05.2014

Locals seek to drum up cash

Having respectively submitted the highest bid for Shell’s stakes in [...]

Subscribers only Energy 27.05.2014

Diezani Alison-Madueke

Diezani Alison-Madueke, Nigeria's oil resources minister, will be questioned by [...]

Subscribers only Energy 27.05.2014

PWC

In response to accusations by Sanusi Lamido Sanusi, former governor [...]

Subscribers only Energy 27.05.2014

Jeffrey Tesler

The man who organized briberies in the contract to build [...]

Subscribers only Energy 27.05.2014

Ex-DPR man helps win OML 25

A company named Crestar and backed by a former Department of Petroleum Resources (DPR) chief finds itself in the best position to acquire Shell's stake on OML 25.

Subscribers only Energy 13.05.2014

Fubara Fah

The oil company from Bayelsa state in Nigeria, Bayelsa Oil Co, has appointed a new managing director. The state’s governor, [...]

Subscribers only Energy 13.05.2014

Kapandji touts Inga 3 at Abuja

The Inga 3 project came up for discussion during the [...]

Subscribers only Energy 13.05.2014

Money found for Azura-Edo

The Amaya Capital Partner fund headed by Phillip Ihenacho and [...]

Subscribers only Energy 13.05.2014

Aliko Dangote

Nigerian billionaire Aliko Dangote might not be completely unconnected to a delay in examining bids in a tender to award [...]

Subscribers only Mining 06.05.2014

Omokore falls short on OML 71

Asked by the national oil company NPDC to rope in partners for OML 71 and 72, tycoon Jide Omokore failed to find takers. The task could now fall to Afren.

Subscribers only Energy 29.04.2014

Pioneers for tax waivers

Juniors operating in the Niger Delta are jostling with one another for "pioneer status" that will give them a five year tax exemption on oil earnings.

Subscribers only Energy 29.04.2014

Finishing line in sight for Shell

The Anglo-Dutch major is hard at work completing the sale of its stakes on OPL 18, 24 , 25 and 29 although some questions remain unanswered.

Subscribers only Energy 29.04.2014

Seven Energy spreads its wings

The Nigerian group has raised $225 million from the International Finance Corp and Singapore to buy Oando’s gas pipeline grid in Akwa Ibom and Cross Rivers states.

Subscribers only Energy 29.04.2014

Growing exasperation with pipeline

Hopes for an increase in gas supplies from Nigeria are [...]

Subscribers only Energy 29.04.2014

Disputes resolved on OPL 245

Nothing now stands in the way of extensive exploration on [...]

Subscribers only Energy 29.04.2014

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