New Crude Streams Add 12 Million Barrels to Nigeria’s Oil Output
Nigeria’s oil industry has received a significant boost following the addition of new crude streams that have collectively contributed approximately ...
Tag: Energy Investment
Nigeria Moves Closer to Battery Storage Adoption to Strengthen National Power Grid
Nigeria has taken another step toward improving the reliability of its electricity supply as the Transmission Company of Nigeria (TCN), ...
Oil Sector Attracts $460,000 Investment in Three Months – NBS
Nigeria’s oil and gas sector attracted approximately $460,000 in capital inflows during the first three months of the year, according ...
Nigeria’s Power Crisis Persists Despite $3.6bn World Bank Funding
Nigeria’s chronic electricity shortages remain largely unresolved despite more than $3.6 billion in funding from the World Bank over the ...
Dangote, Museveni Discuss Regional Oil Refinery for East Africa
Ugandan President Yoweri Museveni has revealed details of his recent meeting with Nigerian billionaire businessman Aliko Dangote, where both leaders ...
NUPRC Approves Applicants for Next Phase of 2025 Oil Block Auction
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has concluded the pre-qualification phase of Nigeria’s 2025 oil licensing round, with successful ...
Energean Acquires Chevron’s Angolan Offshore Assets in $260 Million Deal
Energean has agreed to acquire key offshore oil assets in Angola from Chevron in a $260 million deal, as the ...
Nigeria Restructures Disputed OPL 245 Block for Eni, Shell
Nigeria’s Federal Government has restructured the long-disputed OPL 245 oil block into four separate assets to be operated by Eni ...
FG, GenCos Sign N4trn Deal to Clear Power Sector Debts, Boost Energy Investment
The Federal Government has finalised implementation frameworks for a ₦4 trillion government-backed bond aimed at settling verified arrears owed to ...
