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Lagos plans to generate 3,000 Mw off grid
Lagos State Government has committed to generate 3,000 megawatts off the grid within the next five to seven years. In…
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Northern governors sign MoU with GE for 5 solar power plants
The Northern States Governors Forum and General Electric have signed a memoranda of understanding (MOU)for the construction of five solar…
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NNPC and Total JV begin gas supply to Alaoji Power Plant
The Nigerian National Petroleum Corporation (NNPC) and Total E&P Nigeria Limited (TEPNG) joint venture has begun gas supply to the…
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Solar firm Lumos Global raises $90m for expansion in Nigeria, others.
Nigeria-focused off-grid solar installer Lumos Global recently secured USD 90 million in financing, most of which came from the Overseas…
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Panoro set to launch arbitration, legal proceedings against Aje field partners
Panoro Energy ASA (“Panoro”), through its fully owned subsidiary, Pan Petroleum Aje Limited (PPAL), holds 6.502% participation interest in OML…
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Nigeria rolling out investment incentives to improve power generation
Three years after the start of Nigerias power privatisation programme, the government is looking to burnish the attractiveness of the…
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Lekoil receives Nigerian ministerial consent for initial OPL310 farm-in
Lekoil has received Ministerial Consent granted to by Mayfair Assets and Trust Limited, a wholly owned subsidiary of Lekoil Nigeria…
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Southfield Petroleum set to begin development of $250m Utorogu gas project
Indigenous oil and gas company, Southfield Petroleum Limited has commenced the development of its $250Million flagship Utorogu project. Southfield Petroleum…
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Forte Oil raises N9bn 5-yr fixed rate bond for operations.
Forte Oil Plc has successfully raised N9billion bond under its N50billion bond issuance programme.The funds raised will be used to…
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JV Cash Call – Govt Reaches $5 Billion Settlement With 5 Oil Majors
The Federal Government has puportedly reached an outline settlement worth $5 billion with five International Oil Companies (IOCs) to cover…
