Heirs Energies, Renaissance Africa collaborate to drive Nigeria’s oil and gas devt
Heirs Energies Limited and Renaissance Africa Energy Company have expressed mutual commitment to strategic collaboration following a high-level courtesy visit by Osa Igiehon, CEO of Heirs Energies, to Renaissance's leadership team, led by the Managing Director, Tony Attah.
Seplat Energy set to acquire Mobil Producing assets in Nigeria
“Seplat Energy is fully committed to working with the Nigerian Government to bring these strategically important national assets fully into Nigerian ownership alongside NNPC..”
Breaking: ExxonMobil reaches agreement to sell interest in MPNU to Seplat Energy
The International Oil Company, IOC, stated that, “ExxonMobil has reached an agreement to sell its equity interest in Mobil Producing Nigeria Unlimited to Seplat Energy, a Nigerian independent oil and gas company, through its wholly-owned subsidiary Seplat Energy Offshore Limited.”
Breaking: At last, oil price hits $100 per barrel on Ukraine crisis
At last, the price of crude oil (Brent) has hit the roof at $100 per barrel in the international market, due mainly to the ongoing Ukraine crisis.
Bad Fuel: Scarcity worsens; costs, storage delay removal
One week after detection of bad petrol in some states of the federation, evacuation is yet to start due mainly to huge volume of the product, logistics and costs to be borne in the process of moving it from depots and filling stations to designated points.
Car engines damaged as FG, marketers recall bad petrol
The supply of petrol, yesterday, worsened in Abuja, Lagos, Oyo and Ogun states because of limited stocks, due mainly to rejection of new supplies from importers of adulterated fuel into the country.
