Axxela to spend $147m on gas infrastructure, others – CEO

Axxela Limited, formerly Oando Gas and Power, has made a capital expenditure projection of about $147 million to develop its gas supply infrastructure in...

Tenders help mop up December loading Nigerian crude

Several buy tenders helped mop up some December loading Nigerian crude on Wednesday, Reuters reports. Differentials for Nigerian Qua Iboe were under pressure after a...

13 countries shun Nigeria’s crude so far in 2017

Thirteen countries may have shunned Nigeria’s crude oil as data obtained from the Nigerian National Petroleum Corporation (NNPC) shows they have not purchased the...

Savannah Petroleum gives update on Seven Energy assets acquisition

Savannah Petroleum has announced that it has entered into a lock up agreement with, inter alia, Seven, Seven Energy Finance Limited ('SEFL'), certain other...

Nigerian oil sales limited due to excess light sweet crude

Tenders to buy oil from companies in India and Indonesia helped to absorb some excess on Monday, but there were roughly 30 unsold Nigerian...

Portugal, others buy Nigerian crude for first time in 2017 – NNPC

Nigerian crude cargoes found their way to Portugal for the first time this year, crude export destination data released by the Nigerian National Petroleum...

Bonny Light crude at 3-month high on steadier exports

Nigeria's Bonny Light crude has seen its price rise to its highest levels since February, as the grade began to trade in a more...

Shoreline’s Karim highlights issues, prospects in Nigeria’s power, gas sectors

As one of Nigeria's most progressive indigenous energy companies Shoreline Natural Resources (http://ShorelineNaturalResources.com) continues to create worth and ushers Nigeria into next phase of...

Powergas highlights benefits of CNG, “virtual pipeline” at the Future Energy Conference

Powergas leads the “Gas on Wheels” Campaign at the Future Energy – Wapic Conference Energy remains a major driver of economic growth and industries in...

Africa’s rising LNG producers can address domestic power problems

While the production of liquefied natural gas (LNG) in Africa historically has been concentrated in Nigeria, Algeria, Egypt and Libya, the prospects for gas...

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