Oil and Gas
$2bn spent on power generators in Nigeria in 20 years, says UN
By Tobias Pius In a 24-year timeframe Nigeria spent over $2.4 billion on importation of power generating sets, data…
Oil giant Shell loses oil spill case to 4 Nigerian farmers in Netherlands
Justice comes after 13 years But Shell says disappointed with ruling, still blames sabotage for spills A Dutch…
AfDB’s ‘Desert to Power’ programme finally coming to Nigeria, Adesina confirms
By Tobias Pius The “Desert to Power” project aimed at constructing the world’s biggest solar power zone that…
NNPC’s October 2020 petroleum products sales jump 92% to N158.04bn
Increases gas supply to power plants by 8.60% Records N1.95trn y-t-d PMS stays top of products sales with 99.7%…
OML 17: Elumelu gets Afreximbank’s $250m of $1.1bn TNOG’s 45% acquisition fund
Tony Elumelu’s Trans Niger Oil and Gas Limited (TNOG), a subsidiary of Heirs Holdings Limited, which acquired 45 per cent…
Nigeria PIB: Group warns against reduction of communities’ equity to 2.5%
By Onome Amuge Says it’s insult to Niger Delta oil communities Threatens peace in region Calls for restoration of initial…
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