Afreximbank Arranges $650m Financing for Acquisition of NAOC Stake

African Export-Import Bank (Afreximbank) has announced that it successfully arranged a senior $500-million and a junior…

Oando Completes a $783 Million Acquisition of NAOC

Oando PLC has acquired the Nigerian Agip Oil Company (NAOC) from Eni, the Italian energy giant,…

Shell and Partners Finalise Gas Supply Plan to Dangote Plant

The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners have taken…

Equinor Sells Stake in Nigeria to Chappal Energies

Equinor, a multinational energy company in Norway, has sold its Nigerian business to Chappal Energies as…

AlphaDen and Afreximbank Partner to Fund $200m LNG Project

AlphaDen Energy has signed an agreement with African Export Import Bank (Afreximbank) to fund the $200 million…

San Leon Energy Provides on Operatorship of OML 18

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, notes the…

Kyabazinga’s 15 Demands Ahead of Nuclear Plant Construction

The Kyabazinga of Busoga, William Gabula Nadiope, has presented 15 key demands to the government of…

NUPRC Chief Calls for Collaboration to Unlock Ondo State’s Energy Potential

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has urged…

China’s CATL Pushes Beyond Batteries into Power Grids, EV Platforms

Robin Zeng, the billionaire founder of CATL, aims to reinvent the world’s largest battery maker as…

Morgan Stanley Adjusts Emission Targets Amid Green Transition Challenges

Morgan Stanley has lowered its emissions reduction expectations for its corporate lending portfolio. The bank’s Chief…