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Nigeria

The businessmen rooting for Sama's projects

Canadian Marc-Antoine Audet is calling up his contacts to develop projects for the juniors he heads, Sama Resources and Sama [...]

Subscribers only Mining 28.11.2017

Turkish Toya ready to invest in lithium

Private equity firm Toya Holding, controlled by the affluent Turkish [...]

Subscribers only Mining 28.11.2017

Local mines version 2.0

Kayode Fayemi, minister of mines in Abuja, has launched an [...]

Subscribers only Mining 28.11.2017

2018 budget: Buhari bending backwards to calm niger delta

Having been a few months late every year since Muhammadu Buhari has been in office, this year the 2018 budget [...]

Subscribers only Energy 21.11.2017

Who is handling the sale of Petrobras' giant deposits?

The cash-stripped Brazilian oil giant has finally decided to unload its prolific Nigerian assets.

Subscribers only Energy 21.11.2017

Kase Lawal wins battle against Erin Energy's shareholders

An American court has taken the side of Erin Energy's management, accused of having coughed up as much as $200 million too much for the purchase of the company's stake in Oyo field.

Subscribers only Energy 21.11.2017

Colin Klappa lined up to direct Addax's Lagos office

According to our sources, Addax Petroleum's current vice-president for technical matters, Colin Klappa is expected to replace Cornelius Zegelaar at [...]

Subscribers only Energy 21.11.2017

Savannah calls on Ian Hannam to secure foothold in country

British junior Savannah Petroleum , which has validated its deal [...]

Subscribers only Energy 21.11.2017

To set aside its woes in Europe, San Leon dives headlong into offshore

With an initial 9.72% in OML 18, which produces 50,000 [...]

Subscribers only Energy 21.11.2017

Olaniwun Ajayi makes moves to free up Lagos oil terminal

Financing for the construction of a new midstream jetty to [...]

Subscribers only Energy 21.11.2017

Addax Petroleum staff in a stew over severance package

There is a high chance that the atmosphere will be somewhat subdued at the party organised by and for Addax [...]

Subscribers only Energy 07.11.2017

The (very) slow demise of Afren's empire

AlixPartners, the administrator in charge of liquidating Afren's assets, is moving forward at a snail's pace. In its report dated [...]

Subscribers only Energy 07.11.2017

Synergy Capital's Nigerian financiers net prize catch

Lagos-based investment firm Synergy Capital is about arrange a $250 million fund, $20 million of which may be provided by [...]

Subscribers only Energy 07.11.2017

Washington pitching to seize Alison-Madueke's assets before Abuja

To make sure it isn't outstripped by the other countries involved in the case, the American government is asking for the immediate seizure of the former Nigerian oil minister's U.S.-based assets.

Subscribers only Energy 07.11.2017

Klusener sends his many invoices to Addax while there is still time

According to our sources, Addax Petroleum's former chief legal officer, Dutch national Guus Klusener is still accruing sizeable stipends from [...]

Subscribers only Energy 07.11.2017

Enron wins bout against Abuja in U.S.

Caiman Island-incorporated firm Enron Nigeria Power Holdings (ENPH), a former [...]

Subscribers only Energy 07.11.2017

Babalakin & Co, NLNG's best buddy against Nimasa

Nigerian law firm Babalakin & Co has stepped up to [...]

Subscribers only Energy 07.11.2017

Why does Aiteo need to hire Bruce Burrows?

The trading firm, facing high financial exposure, is rallying round to quickly find partners on its OML 29.

Subscribers only Energy 24.10.2017

MacPepple family crusade against oil majors

The Economic and Financial Crimes Commission (EFCC), recently solicited several majors, including Total, Chevron and ExxonMobil, as part of its [...]

Subscribers only Energy 24.10.2017

Aje: Panoro wins new innings against associates

With all other legal avenues exhausted, the dispute between the shareholders of the Aje field over new wells is to be settled by arbitration.

Subscribers only Energy 24.10.2017

Bogged down in Guinea, African Petroleum loses oomph

Despite the launch of its arbitral proceedings before the World [...]

Subscribers only Energy 24.10.2017

Marginal fields reserved to appease locals

The Department of Petroleum Resources (DPR), a unit of the [...]

Subscribers only Energy 24.10.2017

French oil team to travel to lagos and abuja

The French employers' organisation Medef is planning a visit to [...]

Subscribers only Energy 24.10.2017

Interocean hoping for ruling against Abuja at ICSID by year end

The request, formulated mid-August (AEI 799), by the Nigerian State [...]

Subscribers only Energy 24.10.2017

Kwame Addo-Kufuor's dreams of becoming supra mining king

Ghanaian Kwame Addo-Kufuor, who is piloting the project to federate all of the mining chambers of the nation members of [...]

Subscribers only Mining 17.10.2017

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