Nigeria’s NDPHC has restored the 450MW Alaoji power plant in Abia State after a three-year shutdown caused by gas supply disputes and accumulated debt to TotalEnergies.
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In the NewsMarketsOil & Gas
Otedola Sells Geregu Stake to Fund Planned Investment in Dangote Refinery IPO
KEY POINTS Nigerian billionaire businessman Femi Otedola has revealed that he sold his stake in Geregu Power Plc in order to position himself for a major investment in the proposed …
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Nigeria’s non-oil exporters grew sales by 93 percent in five years but a logistics crisis scored just 12.8 out of 100 is trapping the sector’s best performers.
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Kenya Power’s EV charging revenue has hit Sh382 million after electricity sales to the e-mobility sector grew 113-fold in under three years, signaling a mainstream shift.
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KEY POINTS The NNPC Limited has called for the creation of African-led capital and financing frameworks to address long-standing challenges hindering the development of the continent’s vast natural gas resources. …
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KEY POINTS Chevron Corporation has unveiled a next-generation version of its Techron fuel additive, designed to improve engine performance and reduce damage caused by low-quality gasoline. The announcement was made …
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ZESA Enterprises workers have accused their MD of chanting party slogans to intimidate staff, corporate fraud and reducing the parastatal to a one-man operation.
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Former MP Paul Twum Barimah says Ghana urgently needs a National Gas Act to resolve growing institutional confusion between GNPC and Ghana Gas Company.
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Eskom has given Johannesburg until July 8 to pay R5.2 billion or face power cuts across Sandton, Soweto, Fourways and other major city areas.
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KEY POINTS Chairman of FirstHoldCo, Femi Otedola, has expressed interest in acquiring $100 million worth of shares in the proposed Initial Public Offering (IPO) of the Dangote Petroleum Refinery and …