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SAN LEON ANNOUNCES 20-YEAR EXTENSION TO OML 18 LICENCE
San Leon Energy plc has announced that Eroton has renewed its lease for OML 18 thereby securing Erotons rights to…
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LEKOIL SIGNS MOU WITH SCHLUMBERGER AND MAJOR OIL COMPANY FOR FURTHER DEVELOPMENT AT OTAKIKPO
LEKOIL has signed a Memorandum of Understanding (‘MOU) with Schlumberger and a subsidiary of a major international oil company for…
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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…
