Energy

NNPC, Daewoo sign MoU on Kaduna Refinery rehabilitation

By Innocent Obasi  The Nigerian National Petroleum Company (NNPC) Ltd has signed a Memorandum of Understanding (MoU) with Daewoo Group,…

Siemens to deliver 20 power transformers, mobile substations by May 2023

By Innocent Obasi     The federal government is expected to receive 22 power transformers and mobile stations from Germany…

Shell resumes crude oil export at Forcados Terminal

  By Innocent Obasi     Nigeria’s revenue from crude oil could increase shortly as Shell Petroleum Development Company Limited…

AEC, Afreximbank sign MoU to boost private-sector investments in Africa’s oil & gas

By Onome Amuge   The African Energy Chamber (AEC) and the African Export-Import Bank (Afreximbank) have signed a Memorandum of…

WiSolar to supply power to South Africa’s Teak Place Estate homes

WiSolar, the pan-African solar electricity company and South African Teak Place Estate have struck a partnership that will see the…

Seplat saw its Q1 revenue rose 16.8% to $152.4m with increased operational efficiency and cost reduction strategy

Oil firm reported $28 million in Q1 PBT; declares $2.5 cent dividend   Charles Abuede   With the 2021 expected…