Category: Oil and Gas
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Oando Plc Announces Federal Court’s Adjournment of Hearing
Lagos, Feb, 6 – OANDO PLC ANNOUNCES FEDERAL HIGH COURT’S ADJOURNMENT OF HEARING ON ITS SCHEME OF ARRANGEMENT Oando PLC (referred to as “Oando” or the “Company”), Nigeria’s leading indigenous energy group listed on both the Nigerian Exchange Limited (NGX) and Johannesburg Stock Exchange (JSE), hereby wishes to notify the…
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NNPC Ltd Woos South Korean Investors for Gas Projects …Felicitates Temile Devt. Company on Acquisition of LPG Carrier
Abuja, Feb. 1 – The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. The Group Chief Executive Officer of NNPC Ltd, Mr Mele Kyari, led the company’s team to…
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Transparency: EITI Rates NNPC Ltd High in Compliance
Abuja, Jan. 38 – PRESS RELEASE Transparency: EITI Rates NNPC Ltd High in Compliance…As Kyari Insists No Public Fund Withheld Global transparency body, Extractive Industries Transparency Initiative (EITI), has scored the Nigerian National Petroleum Company Limited (NNPC Ltd.) very high in its latest global assessment. This was disclosed by EITI’s…
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Nigeria-Morocco Gas Pipeline: FG, Morocco in Talks to Expedite Project
PRESS RELEASE Abuja, Jan. 25 – Nigeria-Morocco Gas Pipeline: FG, Morocco in Talks to Expedite Project In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco. The discussion which held…
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Dangote Petroleum Refinery Starts Production
LAGOS, Nigeria, Jan. 13, 2024 – Dangote Petroleum Refinery has commenced production of diesel and aviation fuel. President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked President Bola Ahmed Tinubu for his support, encouragement, and thoughtful advice towards the actualisation of this project. Dangote also thanked the Nigerian National Petroleum Company…
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Afrexim Bank announces disbursement of $2.25B to Nigeria
CAIRO, Egypt, January 12, 2024 – Afreximbank announces an initial disbursement of US$2.25 billion under a syndicated US$3.3 billion Crude Oil Prepayment Facility sponsored by the Nigerian National Petroleum Company Limited. The participation of global, international and regional syndication firms is a further testament to the lending market’s appetite for…
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Policy Insights: How African-European Partnerships are Shaping Oil & Gas Regulations
PARIS, France, December 28, 2023/ — Growing partnerships between European and African companies are playing a pivotal role in shaping Africa’s oil and gas regulatory frameworks. Through cooperative efforts and shared mandates, these partnerships aim to drive energy security, industrialization and environmental sustainability through advancing mutually beneficial projects across the…
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Nigerian independent Oranto Petroleum extends its Ugandan exploration licenses
PRESS RELEASENigerian independent Oranto Petroleum extends its Ugandan exploration licensesOranto signed this current extension and committed to maximize the additional time granted and ensure a successful outcome ABUJA, Nigeria, December 24, 2023/ — Oranto Petroleum (http://Atlas-Oranto.com), a Nigerian independent energy company founded by Prince Arthur Eze has, on 22 December 2023,…
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