Oil and Gas

Ardova enters acquisition talks with Enyo as part of expansion drive  

By Charles Abuede   Ardova Plc, the successor company of the former Forte Oil, has disclosed that it is in…

NNPC reaffirms commitment to OPEC+ agreement   

  By Tobias Pius   In line with an earlier agreement set by the Organisation of the Petroleum Exporting Countries…

FIRST E&P faces CSR headwinds in Bayelsacommunities, ahead OMLs 83, 85 production start

  Youths applaud company, but want a share of pie Express support, but remind company to respect 2018 MoU State…

Enugu DisCo investing N1.6bn in network expansion

  South-East customers grossly underserved, resulting in higher stranded energy Total stranded power rose by 263% to 3,742 MW in…

Nigeria can generate 30,000MW of electricity by 2030, say GenCos

By Tobias Pius   Nigeria’s power producers have projected that Nigeria can generate 30,000 megawatts of electricity by 2030 if the…

$1bn prepay for crude: NNPC rejigs financing strategy to fix Port Harcourt refineries

By Pius Tobies    Strapped for cash, with oil prices tanking most of the last 18 months, and a federal…