Total and Erg have signed an agreement with the Italian Group, API, to sell their fuel marketing and refining assets in the TotalErg joint venture (Erg 51%, Total 49%). Following the divestment of the LPG and Commercial Sales businesses, this third transaction completes the sale of all TotalErg’s assets, for a total amount of around €750…
The Federal Government will early next year select successful bidders from the list of 26 firms, which sent in bids for selection to refurbish Nigeria’s four state-owned refineries. Minister of State for Petroleum Resources, Ibe Kachikwu, announced this recently that 26 firms have shown interest in the plan to overhaul the nation’s oil refineries located in…
The Nigerian National Petroleum Corporation (NNPC) has expressed confidence that the aggressive exploration of the inland basins being driven by the corporation would soon yield success with hydrocarbon finds in commercial quantity. This was disclosed by the Group Managing Director of NNPC, Dr. Maikanti Baru, when he received a delegation of the Nigerian Association of…
An integrated end-to-end solar provider headquartered in Dubai, Phanes Group, has announced Mozambique native, Marlon Dos Santos, as the winner of its first Solar Incubator program. The evaluation was held by a panel of international experts from Hogan Lovells, Proparco, responsAbility, RINA Consulting and Solarplaza. The goal of the Phanes Group Solar Incubator is to…
