Asian stocks came under renewed pressure on Wednesday and the price of oil surged past $111 per barrel as investors...
Seplat Energy is financing its $1.23 billion purchase of ExxonMobil’s onshore and shallow water assets through a debt financing of...
While Seplat Energy Plc, a major energy company in Nigeria, has agreed to buy the shallow-water assets of ExxonMobil in...
Ibe Kachikwu, a former minister of state for petroleum resources, has said the flurry of divestments by International Oil Companies...
Seplat Energy Plc’s bid to buy up ExxonMobil’s onshore and shallow water assets signals an era of improved local participation...
The 31 Member Countries of the Governing Board of the International Energy Agency (IEA) has agreed to release 60 million...
For the first time in Nigeria’s history, states have the legal backing to supply electricity after Nigerian lawmakers passed a...
Oil major Shell has said it plans to exit its joint ventures with Gazprom and related entities, including its 27.5...
Global electric-vehicle (EV) sales more than doubled in 2021, bucking the trend in what was a difficult year for the...
The Nigerian Extractive Industries Transparency Initiative (NEITI) is lamenting the loss recorded in the Nigeria downstream and midstream sector. Many...
Residents of the Amuokpokpor-Elume community and its neighbouring communities in Sapele and Okpe Local Government Areas of Delta State are...
The Shell Petroleum Development Company of Nigeria Limited (SPDC) is resuming work on the Assa North Gas Development Project in...
With Brent rallying more than $20 a barrel since the start of the year, the decision of Seplat Energy to...
The Africa Investment Forum is set to invest over $10.18 billion on improving electricity in the continent. The Investment will...
Kenya is positioning itself as a global leader in renewable energy, through its wide tech adoption, and the government’s push...