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Oil & Gas
Securing Nigeria’s pipelines will save $700m monthly — FDC
Securing Nigeria’s leaking pipelines carrying crude oil from wells to flow stations in the Niger Delta, where more than 90 percent of the country’s crude is explored, may save Africa’s…
Host Community: Oriental Energy adopts PIA, Regulations for tangible Developments
Indigenous crude oil production company Oriental Energy Resources Limited (OERL) has commenced engagement with its host communities, Akwa Ibom State government (AKSG), Nigerian Upstream…
Crude sale dispute: Court unfreezes Petralon’s accounts
A Federal High Court sitting in Lagos has vacated an order freezing the bank accounts belonging to an oil company, Petralon 54 Limited, and its parent company, Petralon Energy Limited.…
Downstream firm Pinnacle completes $1bn petroleum products terminal at sea
Leading downstream firm, Pinnacle Oil and Gas Ltd has completed a first-of-its-kind petroleum products terminal off the coast of Lagos that would allow for intake and offtake of refined…
Forte Oil sale: London court orders Ardova to pay Zenon $19.2m
Zenon Petroleum and Gas Limited has won an arbitration case instituted by Ignite Investment Limited in the London Court of International Arbitration (LCIA) over the share purchase agreement…