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.
Why Afren CEO was sacked
Facts have emerged that failure by the Chief Executive Officer, CEO, of Afren Plc, Mr. Osman Shahenshah, to report the company’s $400 million payment to Oriental Energy Resources, OER, may have led to his sack.
PPMC exports N117bn fuel oil in one year
The Pipelines and Product Marketing Company, PPMC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, exported 1.33 billion litres of petroleum products, valued at N116.672 billion in 2013.
Nigeria needs 6.5m pre-paid meters in five years — Onyema
Techno Gas and Power, a subsidiary of Techno Oil Limited has hinted that Nigeria’s power sector needs at least 6.5 million prepaid meters to meet the energy needs of electricity consumers and help investors in the sector recoup their investment.
Forcados Terminal records 14-year export safety milestone
The Forcados Terminal operated by the Shell Petroleum Development Company, SPDC-operated Joint Venture in the western Niger Delta recently recorded a 14-year safety operation in oil exports.
Aiteo acquires Shell’s OML 29, Nembe pipelines
The Aiteo Group has finally confirmed the acquisition of 85 per cent equity in Oil Mining Lease, OML 29, being divested by the Shell Petroleum Development Company, SPDC.
