Tag: Oil and Gas

Shell Oil and Gas
EnergyBusiness

Vaaris Energy to take over Shell’s Nigeria gas distribution unit

Vaaris Energy Shell Nigeria gas deal would transfer Shell Nigeria Gas to a local operator as Shell refocuses on deepwater and integrated gas.

Timilehin Adejumobi Timilehin Adejumobi
Dangote Group
BusinessEnergy

Dangote joins Ethiopia, Djibouti in $660 million oil pipeline

Dangote joins Ethiopia and Djibouti in a $660 million oil pipeline project designed to cut fuel logistics costs and strengthen energy security.

Oluwatosin Alao Oluwatosin Alao
TotalEnergies
BusinessHot News

TotalEnergies gets $1.8 billion from BlackRock’s GIP for African infrastructure

The TotalEnergies GIP Africa deal brings $1.8 billion from BlackRock’s GIP for African oil and gas infrastructure.

Timilehin Adejumobi Timilehin Adejumobi
Petrobras
BusinessHot News

Petrobras expands in Africa with 8 offshore blocks in Ivory Coast

Petrobras Ivory Coast expansion adds eight offshore blocks as the Brazilian oil giant takes a 90% operating stake in new exploration acreage.

Timilehin Adejumobi Timilehin Adejumobi
Eni Energy Giant
BusinessHot News

Senegal, Eni sign deal to assess five offshore oil blocks

Senegal Eni deal will assess five offshore oil and gas blocks as Dakar seeks fresh investment in exploration and its energy sector.

Timilehin Adejumobi Timilehin Adejumobi
Panoro Energy
BusinessHot News

Panoro Energy secures Côte d’Ivoire gas stake in $64.4 million deal

Panoro Energy Côte d’Ivoire deal gives the company a 9.09% Block CI-27 stake in a $64.4 million acquisition.

Timilehin Adejumobi Timilehin Adejumobi
Sasol commits $36.5 million to local development in Africa by 2030
BusinessHot News

Sasol commits $36.5 million to local development in Africa by 2030

Sasol will invest $36.5 million in local development projects across 70 communities in Mozambique’s Inhambane province by 2030.

Oluwatosin Alao Oluwatosin Alao
Shell Oil and Gas
BusinessHot News

South Africa’s court halts Shell’s Wild Coast oil exploration

Shell Wild Coast oil exploration is blocked by South Africa’s top court after a ruling on public participation and community rights.

Timilehin Adejumobi Timilehin Adejumobi
Oando Plc
Business

Oando targets 100,000 boepd as 62 wells support production growth 

Oando targets 100,000 boepd as 62 wells and 55 interventions support production growth and a 50,000 boepd goal in 2026.

Timilehin Adejumobi Timilehin Adejumobi
NNPC plans Africa energy expansion
BusinessHot News

NNPC plans Africa energy expansion as power demand rises

NNPC plans to expand its role across Africa's energy sector, pursuing new investment, gas development and partnerships as electricity demand continues to rise.

Oluwatosin Alao Oluwatosin Alao
South Africa’s shale gas ambitions face new risks after fault discovery
BusinessHot News

South Africa’s shale gas ambitions face new risks after fault discovery

South Africa’s shale gas plans face fresh scrutiny after scientists discover a fault system in the Karoo Basin linked to potential seismic risks

Oluwatosin Alao Oluwatosin Alao
ADNOC
BusinessHot News

ADNOC Distribution expands in Africa with $1 billion Shell South Africa deal

ADNOC Distribution Shell South Africa deal expands its African footprint through a $1 billion acquisition of Shell's fuel business.

Timilehin Adejumobi Timilehin Adejumobi