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HomeNigeria

Nigeria

Iran Refuses To Negotiate Korean Fuel Tanker Release - Energy News Beat
Crude Oil News

Oil’s Recovery Is Too Fast for Its Own Good – OPEC’s compliance enforcement will make a difference

February 8, 2021 Stu Turley

Energy News Beat Publishers Note: Compliance and accountability will be key for the stability of world oil prices. As stated below “Compliance is measured in average barrels per day from the beginning of May to […]

Fossil

Nigeria Ramps up LPG Access -Gladius Commodities of Lagos, Nigeria

February 1, 2021 Stu Turley

NIGERIA Group Managing Director of the Nigerian National Petroleum Corporation Alhaji Mele Kolo Kyari disclosed the Federal Government’s plan to expand access to Liquefied Petroleum Gas (LPG), or cooking gas, for rural dwellers to replace […]

Shell - Energy News Beat
International News

FirstBank, Shell reject Nigerian group’s bid to seize assets in oil spill dispute

January 18, 2021 Stu Turley

Nigeria’s FirstBank and a unit of energy giant Shell said on Friday members of a community in southern Nigeria had no right to seize assets from a bank branch this week in a dispute over […]

Solar company Starsight secures 10 million in financing - Energy News Beat
Energy Storage

Solar company Starsight secures $10 million in financing

January 18, 2021 Stu Turley

LAGOS: Solar power supplier Starsight has expanded a senior debt facility by $10 million to broaden its offerings and generation capacity in Nigeria and Ghana, the company said on Thursday. The expanded facility, completed with development financiers Finnfund […]

Nigeria - Oil -Energy News Beat
Crude Oil News

Total Nigeria Plc projects N115.97bn revenue for Q1 2021

January 9, 2021 Stu Turley

Total Nigeria Plc has projected a rise in its revenue to N115.97 billion for the first quarter of 2021 (Q1, 2021), indicating a 157.7 per cent increase from the figure recorded in Q3 2020. This […]

Port Harcourt Refinery - Energy News Beat
Crude Oil News

Nigeria’s NNPC seeks $1 billion oil prepay to revamp Port Harcourt refinery

January 7, 2021 Stu Turley

LONDON/LAGOS: Nigeria‘s state oil firm NNPC is in talks to raise around $1 billion in a prepayment with trading firms to refurbish its largest refining complex at Port Harcourt, seven sources familiar with the discussions said. If the […]

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