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SOLAR FIRM AZURI TECHNOLOGIES ANNOUNCES $26M EQUITY INVESTMENT
Marubeni Corporation and other existing shareholders have invested US$26 million in Azuri Technologies, a leading provider of pay-as-you-go solar home…
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SWITZERLAND TAKES LEGAL ACTION AGAINST NIGERIA OVER SEIZURE OF OIL TANKER
Switzerland has asked the International Tribunal for the Law of the Sea to order Nigeria to release a Swiss-flagged oil…
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FG TARGETS N1.03TN FROM OIL ASSET DIVESTMENT, PSC REVIEW
The President of the Federal Republic of Nigeria – Muhammadu Buhari has directed that immediate action be commenced to restructure…
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PAN OCEAN, 5 OTHERS AFFECTED BY FGS REVOCATION OF OIL LICENSES
The Department of Petroleum Resources (DPR) has revoked five Oil Mining Leases (OML) and one Oil Prospecting Licence (OPL) belonging…
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MX OIL PROVIDES TITLE UPDATE ON AJE FIELD PARTICIPATING INTEREST
The Ministry of Petroleum Resources (MPR) has given consent toMX Oil plc, for the renewal of OML 113 lease which…
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FG CONCESSIONS 750KW SOLAR PROJECT TO PROSERVE ENERGY
The FG has concessioned to Proserve Energy Services Limited, 750 kilowatts (KW) solar power system that will energise the Federal…
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TRANSCORP CONSORTIUM WINS BID FOR AFAM POWER
The National Council on Privatisation (NCP) has declared Transcorp Power Consortium the winner of the financial bid for the privatisation…
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SHELL DECLARES FORCE MAJEURE ON BONNY LIGHT CRUDE EXPORTS AFTER PIPELINE CLOSURE
Royal Dutch Shell has declared force majeure on exports of Nigerias Bonny Light crude following the shutdown of Nembe Creek…
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FG TO HAND OVER GAS FLARE SITES TO INVESTORS BY 2020
The FG of Nigeria hopes to conclude the distribution of about 178 flare sites to Investors to capture and commercialise…
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FG TO RELEASE NEW GAS PRICING TEMPLATE BY MAY 29TH 2019
The Federal Government of Nigeria has announced its intention to release a new gas pricing template before May 29, 2019…
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