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Oil & Gas

Energy Tycoon Otedola To Pump $1bn Into Geregu Power

FUNSHO AROGUNDADE Billionaire energy tycoon, Femi Otedola will soon pump close to $1 billion into his newmega interest, power generation through Geregu…

7 years ago

Billionaire Otedola Quits Forte Oil, Sells 75% Stake

Billionaire mogul, Mr Femi Otedola on Wednesday announced his exit from Forte Oil Plc with divestment of 75 per cent…

7 years ago

Abiola, Dantata, Kase Lawal, Festus Fadeyi, Others Lose Oil Licences Over Debts

FUNSHO AROGUNDADE The Department of Petroleum Resources (DPR) has revoked five Oil Mining Licences (OML) and one Oil Prospecting Licence…

7 years ago

We’re Not Given Fair Hearing: Oando Plc Tackles SEC

FUNSHO AROGUNDADE    The Management of Oando Plc, has rejected the decision of the Security and Exchange Commission, SEC, sacking…

7 years ago

Oando Chief, Wale Tinubu, Barred For 5 Years From Board Of Any Public Company

FUNSHO AROGUNDADE Oil tycoon and Chief Executive Officer of Oando Plc, Mr. Jubril Adewale Tinubu has been barred by the…

7 years ago

Nigeria and Other African Ministers To Converge On Cape Town For Africa Oil & Power 2019 In October

Nigeria's Minister of State, Petroleum Resources, Ibe Kachikwu will join other African ministers of energy and petroleum in this year's…

7 years ago

Akpabio, Olujimi, Others Commend Senator Adeola On Local Content

MICHAEL AKINOLA As the 8th Senate gradually draws to a close, former Governor of Akwa Ibom State and former Senate Minority…

7 years ago

Aiteo Restates Commitment To Development Of Its Host Community

At the early hours of Monday, a section of the Nembe Community, Bayelsa State, Nigeria, converged, without prior notice and…

7 years ago

Seplat, NNPC To Establish $700m Gas Plant In Imo

A total of $700 million is expected to be raised by the duo of Seplat Petroleum Development Company and the…

7 years ago

Aiteo Announces Senior Leadership Appointments

OLATUNBOSUN BABAJIDE JOSEPH Following a review of its operational and investment objectives and in reaction to prevailing business environment, Aiteo has…

7 years ago
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