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Nigeria

Fashola gives a green light to Magboro

Barely had he been named power minister than the former governor of Lagos confirmed the government will buy production from a new power plant.

Subscribers only Energy 12.01.2016

Vaalco's activist stakeholders get their way

Seeking ever since they bought a stake in Vaalco to get rid of its management, Group 42 and Bradley Radoff have now placed their men in the firm’s top jobs.

Subscribers only Energy 12.01.2016

Gregory Stoupnitzky, new financial expert at Eland Oil & Gas

Barely had he stepped down as boss of Azonto Petroleum, a firm currently in financial difficulty (AEI 756), than Gregory [...]

Subscribers only Energy 12.01.2016

Financier takes over at MRS Oil

The Nigerian trading concern MRS Oil has named a financial [...]

Subscribers only Energy 12.01.2016

Endeavour faces major challenges in 2016

Reassured about the economic potential of Hounde, its flagship project [...]

Subscribers only Mining 05.01.2016

Leaders brace themselves for jihadist attacks

Countries that remain free from Islamist terror are trying hard to keep the growing threat at bay.

Subscribers only Politics 23.12.2015

Crestar carries the battle for OML 25 into the courtroom

The fact that Crestar and Shell are talking again about the acquisition of Shell’s stake on OML 25 doesn’t mean disputes stemming from the Alison-Madueke era are resolved.

Subscribers only Energy 22.12.2015

Poland’s NovaSeis in tie-up with local firm Northbridge

In a bid to break into the Nigerian market, the Polish seismic concern NovaSeis has formed a joint venture with [...]

Subscribers only Energy 22.12.2015

New Lagos governor names his task force

The new governor of Lagos state is calling on the private sector to help him add 220 MW to the state’s grid and to plot strategy.

Subscribers only Energy 22.12.2015

Paul Boroh thinks of post-amnesty times in the Delta

The Nigerian president’s special adviser on amnesty in the Niger Delta, retired colonel Paul Boroh is putting the final touches [...]

Subscribers only Energy 22.12.2015

Kachikwu under pressure to reduce the gasoline bill

Nigeria’s state minister for petroleum resources, Emmanuel Ibe Kachikwu, is [...]

Subscribers only Energy 22.12.2015

Another transaction falls through for Mart Resources

The Canadian firm Mart Resources Inc, headed by Derrick Armstrong, [...]

Subscribers only Energy 22.12.2015

Channa Samkalden to sock it to Shell in environment fight

Now that the courts in the Netherlands have declared themselves [...]

Subscribers only Energy 22.12.2015

Australia's iron king tries his luck with steel

Will Kogi Iron succeed in Nigeria’s steel business where so many others have come to grief (AMI 257)? Under the [...]

Subscribers only Mining 15.12.2015

Kachikwu gives in to Iran at gas exporting nations forum

The re-election of Iran’s Hossein Adeli as secretary general of the Gas Exporting Countries Forum (GECF) during a 17th ministerial [...]

Subscribers only Energy 08.12.2015

Sirius Petroleum beefs up staff for push on Ororo

Having won a green light at the end of November to drill the Ororo-2A well on its block OML 95 [...]

Subscribers only Energy 08.12.2015

African Petroleum trims its board

After delisting from the Australian stock exchange and cutting into both its headcount and the size of its offices, African [...]

Subscribers only Energy 08.12.2015

Spotlight
Mining groups ever more doubtful about Bollore rail play

Recently retained by Bollore Africa Logistics to arrange a stock market introduction for its affiliate that seeks to carry passengers, freight and minerals by train in West Africa, Goldman Sachs, BNP Paribas, Societe Generale and Crédit agricole have all suspended [.

Subscribers only Mining 01.12.2015

Lootah Group of Companies goes on offensive

The United Arab Emirates company has hired an African former ambassador to help it penetrate the West African marketplace

Subscribers only Business 25.11.2015

Issoufou, Ouattara compete for leadership of UEMOA

Ivory Coast is intending to take the presidency of the West African Economic and Monetary Union UEMOA in 2016. That is unless Niger muddies the pitch…

Subscribers only Business 25.11.2015

Financially challenged, Oando decides to beef up its board

By naming well connected Tanimu Yakubu to its board and restructuring both its finances and operations Oando appears anxious to downplay its debts.

Subscribers only Energy 24.11.2015

Babatunde Raji Fashola, a party man for energy

Nigerian president Muhammadu Buhari has picked one of the stalwarts of his All Progressives Congress (APC) party to take over [...]

Subscribers only Energy 24.11.2015

In what form will Petroleum Industry Bill be adopted?

The speaker in Nigeria’s Parliament, Yakubu Dogara, a loyal follower [...]

Subscribers only Energy 24.11.2015

New team for Niger Delta in place

The oil region of the Niger Delta, which had been [...]

Subscribers only Energy 24.11.2015

Vaalco’s stakeholders still on the war path

After strongly criticizing the strategy of Vaalco Energy Inc’s management [...]

Subscribers only Energy 24.11.2015

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