Seplat Energy yesterday announced its acquisition of oil and gas assets belonging to Mobil Oil Producing Nigeria Unlimited (MPNU), in a deal seen as the first since the signing of …
The lingering tussle over who owns the Aba ring-fenced area between Geometric Power and Interstate Electric( Owners of the Enugu Electricity Distribution Company (EEDC) has finally been laid to rest …
Leading energy company, Shell Nigeria Gas (SNG), has received accolades from industry regulator, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), for deliberate and active investment in Nigeria’s critical …
The Lagos State Governor, Mr. Babajide Sanwo-Olu, has signed three bills into law on Monday. They are those regulating the real estate transactions in Lagos State; law to provide for …
The Economic and Financial Crimes Commission (EFCC) is quizzing Ahmed Kuru, managing director of the Assets Management Corporation of Nigeria (AMCON), over allegations related to sale of assets. A top …
A Rivers State High Court, Presided over by Justice Okogbule Gbasam, on Tuesday ordered the Managing Director of Saipem Contracting, Walter Peviana and Kelechi Sinteh Chinakwe be remanded in Port …
Five indigenous oil and gas companies are set to bid for Shell’s onshore oilfields before January 2022 ends. According to documents and source privy to the process, the sales of …
The Board of Union Bank of Nigeria Plc (Union Bank) today notified theNG X and Securities Exchange Commission that its investors Union Global Partners Limited,Atlas Mara Limited and other shareholders …
Oil giant Shell is planning to move its headquarters from the Netherlands to the UK, pending a key shareholder vote next month. The board of the energy supermajor announced that …
Aiteo Eastern Exploration and Production Company Limited has instituted a court case against Shell Petroleum Development Company of Nigeria (SPDC) seeking over $2.5 billion in compensation for the sale of …
