Kayode Fayemi tipped as next foreign minister
The new Nigerian president Bola Tinubu may appoint the former governor of Ekiti as his country's top diplomat.
The leadership of the ruling APC political party has finally been renewed under the guidance of its state governors. Winning next year's general elections is the sole roadmap for the new leaders, who must help find candidates for the presidential polls.
With a high chance he will be serving a second term come April, President Patrice Talon at last has the legislation in place to see oil firms return to the country.
Musa Lawan, the new managing director of Napims, the entity in charge of enforcing the country's local content legislation, has [...]
As we revealed, over the past few months ExxonMobil has quietly been testing the waters with Nigerian firms to see if they could be interested in several Niger Delta assets it would like to sell.
The retired head of the NNPC covets the top seat at the ministry of petroleum resources while the president's office has given him free rein to remodel his former employer to his liking.
John Thomas, who had been the managing director at NNPC for a two-year spell from 1990 to 1992 under Ibrahim [...]
Just three weeks into his second mandate, Muhammadu Buhari has chosen to replace eight of the most influential members of [...]
Muhammadu Indimi, head of Nigerian concern Oriental Energy Resources (OER), is determined to expand his already sizeable portfolio with the acquisition of new assets during the next marginal fields tender. The sale should take place after the presidential election in [.
A list of Nigerian marketers selected to sell NNPC crude has leaked. Although Buhari hasn't given his final go-ahead for the list, which could see a few changes beforehand, it does give an idea of who his supporters are as the electoral campaigning steps up a notch.
The Department of Petroleum Resources (DPR), a unit of the [...]
Contradictory lists of which marginal fields about to go on sale are being circulated around Nigeria. The best informed local juniors are trying to play their cards right.
Tensions are rising in the country's oil sector in the power vacuum left by president Muhammadu Buhari after he eclipsed to London for medical treatment several weeks ago. At the start of his mandate in 2015, the head of the [.
At the end of May, Nigerian president Muhammadu Buhari, and [...]
Hoping, since February (AEI 788), that the court of the [...]
Muhammadu Buhari, has unexpectedly brought back in the processing of swapping NNPC crude for petroleum products, a process set up [...]
To prevent ExxonMobil and Shell from having access to its [...]
In hopes of selling Niger's crude oil to the Nigerian [...]
Chief of BP’s Nigerian operations for the past several months, Michael Obaseki has already pulled off quite a feat: BP [...]
NNPC has contracted a leading Nigerian lawyer to help it throw out charges laid against it by the majors.
After retreating from Guinea, where he served as mines minister, the former banker is now beavering away on big oil deals.
South Korea’s Hyundai group, which has just signed a contract [...]
The French investment bank Natixis has set a deadline of Oct. 30 for companies interested in buying assets of the [...]
Announced with considerable fanfare in mid-October, the acquisition of a 60% holding in MobilOil Nigeria (MON) by the Nigerian firm [...]
After long months of administrative procedure to get a visa, [...]
Alongside President Muhammadu Buhari, who officially holds the post of oil minister, Nigeria's petroleum affairs are currently handled by two men, Maikanti Kacalla Baru, group managing director of NNPC, and Emmanuel Kachikwu, minister of state, petroleum resources (and also chairman [.
Africa Energy Intelligence understands that the managing director of Addax Petroleum (Sinopec group), Yi Zhang, and his legal director, Guus [...]
The partners on OML 118 reiterated their demand in late May in New York that NNPC pay them back $1.4 billion.
Poised to become secretary-general of OPEC in August, Nigeria’s Mohammed [...]
Nigeria’s current president can count on EITI to justify a probe into the conditions surrounding sales of oil blocks under the previous government.
Despite his efforts to bolster security in the Niger Delta [...]
Appointed a few weeks ago as executive director of NNPC in charge of exploration and production, M. K. Baru is [...]
President Muhammadu Buhari’s first oil industry appointments in August targeted the management of NNPC and they ought to delight oil companies which had been waiting impatiently for changes at the top. The new executives, picked with their regional origins carefully [.