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…

Eni Sells Nigerian Assets, Boosts Mozambique LNG

Italian energy giant Eni has sold its Nigerian onshore oil and gas assets. The company transferred…

Kenya to Start Construction of First Nuclear Plant in 2027

Kenya will begin constructing its first nuclear power plant in 2027 as part of a strategic…

Minister Urges Shift from Costly Captive Power to Reliable Grid Connection

Minister of Power, Chief Adebayo Adelabu, highlighted the importance of grid connectivity over captive power plants…

Oando Completes a $783 Million Acquisition of NAOC

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

Accugas Invests $45M to Boost Gas Supply In Nigeria

Accugas Limited, a subsidiary of Savannah Energy, has invested $45 million in a new compression system…

Collgar Renewables to Add 1.7 GW Wind Farms in Western Australia

Collgar Renewables is expanding operations by constructing new renewable power plants in Western Australia. The company…

Wagner to Build Australia’s First Integrated SAF Facility

Wagner, the owner of Toowoomba Wellcamp Airport, plans to build Australia’s first fully integrated sustainable aviation…

Australia to Launch First Green Aviation Fuel Refinery by 2028

Australia will launch its first fully integrated sustainable aviation fuel (SAF) refinery in Queensland by 2028.…

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…