Oando/ConocoPhillips deal earns  FBN Capital recognition

Oando/ConocoPhillips deal earns FBN Capital recognition

FBN Capital Limited has been awarded the ‘Africa Oil and Gas Deal of the Year Award’ for the Oando Energy Resources, OER, $350 million ConocoPhillips assets acquisition deal. The bank said in a statement that the award was conferred on it at the prestigious IJGlobal Europe & Africa Awards 2014, organised by the Infrastructure Journal & Project Finance Magazine in London recently.
Visible Articles 5 10 15
Nigerian Refineries: Avalanche of controversies

Nigerian Refineries: Avalanche of controversies

Except urgent and immediate steps are taken, Nigeria’s quest to have sufficient refining capacity may not be achieved soon as being anticipated, because none of the fluid catalytic cracking, FCC units in all the refineries is working, investigation has shown.

How Kerosene is produced

How Kerosene is produced

By Jim Rex-LAWSON MOSES Kerosene is an oil distillate commonly used as a fuel or solvent. It is a thin, clear liquid consisting of a mixture of hydrocarbons that boil between 302°F and 527°F (150°C and 275°C). While kerosene can be extracted from coal, oil shale, and wood, it is primarily derived from refined petroleum. […]

Over 5000MW still  offers no reprieve

Over 5000MW still offers no reprieve

With the addition of the 220 megawatts from the newly rehabilitated Egbin turbine, many residents in Lagos are still frustrated by the poor electricity supply and its adverse impact on their businesses. Sweetcrude learnt that while some areas in Lagos continue to groan in darkness, others are luckier and enjoy more than 12hours daily supply.

70 Boko Haram fighters killed in Maiduguri reprisal

70 Boko Haram fighters killed in Maiduguri reprisal

Nigerian troops backed by civilian vigilantes on Tuesday claimed to have killed more than 70 ‎Boko Haram fighters in a foiled attack to capture the strategic town of Konduga near Maiduguri.‎