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Nigeria

The price of renewing rights

To win an extension of their rights on their best acreage the majors are coming under pressure from the oil ministry to sell off one or two lesser permits.

Subscribers only Energy 11.03.2014

Bonus for buyer of Chevron stake

The three companies bidding to acquire Chevron’s shares on OML 52, 53 and 55 are in line for an unexpected bonus - free access to Shell’s gas network.

Subscribers only Energy 11.03.2014

Hollande in discreet huddle with corporate chiefs

French president François Hollande didn't bring any corporate bosses along [...]

Subscribers only Energy 11.03.2014

Suspense increases over Shell’s sell-off

Shell received the financial offers for its stakes on OML [...]

Subscribers only Energy 11.03.2014

Aliko Dangote

African cement kingpin Aliko Dangote is taking an ever-increasing interest in the West African market, where he recently set up [...]

Subscribers only Mining 04.03.2014

Mortaye Bangoura

Recently named commissioner for energy and mines at the Economic Community of West African States (ECOWAS), Guinea's Mortaye Bangoura will [...]

Subscribers only Mining 04.03.2014

Vicat nominates arbitration judge in Dakar cement dispute

The Ohada Common Court of Justice and Arbitration in Abidjan [...]

Subscribers only Business 26.02.2014

Holland on short trip to Abuja

French president François Hollande will keep his delegation to a strict minimum when he drops in on Nigeria on Feb. [...]

Subscribers only 25.02.2014

Sanusi Lamido

Nigerian president Goodluck Jonathan has decided to dispense with the services of the governor of the Central Bank of Nigeria [...]

Subscribers only Energy 25.02.2014

A hardy first venture for L1

Founded less than a year ago, the L1 Energy fund of Russian oligarch Mikhail Fridman looks set to undertake its first African operation - in the Niger Delta.

Subscribers only Energy 25.02.2014

New hand on till at Amni

Geologist Tunde Afolabi has taken over at Amni which produces 20,000 bpd on the Ima and the Okoro/Setu fields.

Subscribers only Energy 25.02.2014

Shell backs away from gas

The sale of Shell’s stakes in the Niger Delta will strike a further blow at supply for Nigeria’s gas-fired power plants.

Subscribers only Energy 25.02.2014

...and juniors aren’t moving in

Nigerian operators are finding it extremely hard to install gas processing plants on their fields.

Subscribers only Energy 25.02.2014

Sidley Austin

Serving in the past as a lawyer for Equatorial Guinea [...]

Subscribers only Energy 25.02.2014

Petroleum Products Pricing Regulatory Agency

Facing a political crisis, Nigeria’s government is naming new bosses [...]

Subscribers only Energy 25.02.2014

Kuku finds jobs for the boys

The Nigerian president’s adviser for the Niger Delta, Kingsley Kuku, [...]

Subscribers only Energy 25.02.2014

Hearing on Panocean

A swarm of Nigerian lawyers found themselves on Feb. 13 [...]

Subscribers only Energy 25.02.2014

Kumba Iron to try again

Barely had Kumba Iron Ore recovered from its setback on the Faleme iron project in Senegal than the South African [...]

Subscribers only Mining 18.02.2014

Mohamed VI packs his suitcase for Africa again

Less than a month after his last tour of African capitals, Mohammed VI is mounting a new charm offensive on [...]

Subscribers only 11.02.2014

First E&P lusts after OML 83 & 85

A company headed by former vice oil minister Henry Odein Ajumogobia finds itself in the strongest position to buy Chevron’s OML 83 and 85 after a lengthy disposal process.

Free access Energy 11.02.2014

Majors cooling heels for renewals

Two years after negotiating with the oil ministry, Shell still hasn’t won a renewal of its shallow water permits. Chevron has run into the same problem.

Subscribers only Energy 11.02.2014

Gasol in major pitch for LNG

The British firm chaired by Rilwanu Lukman is seeking to offer solutions involving imports of LNG to several countries on West Africa’s coast. But the results have been mixed.

Subscribers only Energy 11.02.2014

Stuart Lake

The managing director of African Petroleum, Karl Thomson, was the loser in the crisis at his company that followed the [...]

Subscribers only Energy 11.02.2014

Fassine Fofana

The British firm Gasol (read here) chaired by Nigeria’s former oil minister, Rilwanu Lukman, has just appointed Guinea’s former energy [...]

Subscribers only Energy 11.02.2014

$2.5 billion for NGC

A subsidiary of the Nigerian National Petroleum Corp, the Nigerian [...]

Subscribers only Energy 11.02.2014

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