Skip to content
Seplat cleared for $1.6 bn MPNU acquisition
Sopuruchi Onwuka Indigenous energy independent multinational, Seplat Energy Plc, is finally on its way to become a major player in the Nigerian petroleum industry following eventual ministerial approval for the company to proceed with acquisition of a local upstream affiliate…
MPN divestment: Why NNPC shook the table
Sopuruchi Onwuka Inability of the highly anticipated acquisition of Mobil Producing Nigeria (MPN) Unlimited by leading indigenous independent firm, Seplat Energy Plc, to scale initial ministerial assent amplifies the new hard-line position of the Nigerian National Petroleum Company (NNPC) Limited…
ExxonMobil invests N15 bn in 20 year combat with Malaria in Nigeria
ExxonMobil Foundation, in collaboration with ExxonMobil affiliate Companies in Nigeria, have announced grants for partner organizations committed to ending malaria in Nigeria. The 2022 grant recipients, according to the company, would tap into youth energy and sports activities in mobilizing…
Reasons why oil majors are leaving Nigeria
Sopuruchi Onwuka Key issues bordering mainly on the congeniality of business environment form the major reasons why Nigeria’s traditional petroleum industry partners are scaling down their businesses in the country in a move that have clearly indicates eventual exit from…
