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…

Rio Tinto Launches Pongamia Farming Trial to Explore Renewable Diesel Production

Mining giant Rio Tinto has said that it will develop seed farms in Australia to explore the…

Indonesia Pursues Ambitious Renewable Energy Goals

Indonesia has set ambitious renewable energy targets as part of its commitment to sustainability and carbon…

Chinese Consortium to Build 100MW Solar Plant in Botswana

Sinotswana Green Energy, a Chinese consortium, will build a 100-megawatt (MW) solar power plant in Jwaneng,…

NNPC Makes N3.3trn Profit, N2.1trn Dividend For 2023

The Nigerian National Petroleum Company (NNPC) Limited declared a net profit of N3.297 trillion at the…

Nigeria Secures $2 Billion in Renewable Energy Investments

President Bola Tinubu revealed at the 3rd Africa Natural Resource and Energy Investment Summit (AFNIS) on…