Nigeria's Oando has agreed to sell a 60 percent stake in its downstream business to Vitol and Helios Investment Partners for $276 million, the energy company said on Tuesday. Oando, which is
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NAEE: How Buhari Can Solve Nigeria’s Energy Challenges
June 22, 2015 Comment Off 12 ViewsThe National Association of Energy Economists (NAEE) at the weekend said that without careful sequencing of key energy policies to minimise economic loss, the new government of President
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Buhari advised by transition committee to end fuel subsidy
June 21, 2015 Comment Off 43 ViewsPresident, Muhammadu Buhari, has been advised to end a fuel subsidy program and privatize Nigeria's four refineries in a report by his transition committee, senior sources in his party told Reuters
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Victim of shale, Nigeria stops exporting oil to US
October 6, 2014 Comment Off 36 ViewsNigeria has become the first country to completely stop selling oil to the US due to the impact of the shale revolution – an astounding reversal as the African nation was only four years
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Nigerian Businesswomen Work to Change Face of Oil and Gas Industry
September 16, 2014 Comment Off 41 ViewsThe oil and gas industry is still overwhelmingly male, with surveys showing that the executive boardrooms of petroleum companies are mostly a boys' club. In Nigeria, a number of well-financed
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Nigerian FG sign MoU with Benco Energy for 700MW power plant
September 2, 2014 Comment Off 28 ViewsBrazilian Benco Energy Limited, the energy arm of the Benco Group will assist the Federal Government of Nigeria build a 700MW power plant in Nigeria’s Bayelsa State, in the core Niger Delta
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Providing Renewable Energy In Rural Communities
August 31, 2014 Comment Off 28 ViewsWITH the worsening environmental degradation brought about by factors such as climate change, the world is shifting its focus from traditional energy to renewable energy, particularly in efforts
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Nigeria Now Trades Electricity Under Global Conditions
August 19, 2014 Comment Off 22 ViewsThe federal government has said Nigeria’s Electricity Supply Industry (NESI) is now showing signs of an electricity market with globally recognised standards in trading arrangements especially with
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Fashola Advocates Sustainable Energy Future for Nigeria
August 17, 2014 Comment Off 28 ViewsGovernor of Lagos State, Mr. Babatunde Raji Fashola The Governor of Lagos State, Mr. Babatunde Raji Fashola has stated that if Nigeria’s current population of 160 million and the next
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Shale Gas is a Risk, Opportunity for Nigeria, Says KPMG
February 18, 2014 Comment Off 16 ViewsThe Partner and Global Chairman, Energy and Natural Resources Sector, KPMG, Mr. Michiel Soeting, has said that the discovery of shale gas in the United States, which is a major importer of
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