8 h. ago Levene Energy acquires 30% of Axxela in strategic pivot to gas infrastructure

Levene Energy Development Limited’s acquisition of a 30 percent stake in Axxela Limited marks a strategic pivot in how local read more Levene Energy acquires 30% of Axxela in strategic pivot to gas infrastructure

Politics

59 h. ago Levene Energy To Acquire Stake In Axxela Limited With $64M Afreximbank Facility

Levene Energy Development Limited is pushing to acquire a 30 per cent stake in Axxela Limited. The deal is being finalised with USD 64 million financing facility by African Export–Import Bank (Afreximbank), to back its equity commitment to Bluecore Gas Infraco Limited, the acquiring entity. Axxela is one of West Africa’s leading gas and power […]

Politics

4 d. ago BlueCore acquires Axxela, signals confidence in Nigeria’s gas infrastructure

A major Nigerian gas infrastructure firm has shifted to local institutional ownership in a deal strengthening investor confidence. read more BlueCore acquires Axxela, signals confidence in Nigeria’s gas infrastructure

Politics

4 d. ago Nigeria Keys Into Floating LNG Infrastructure To Boost Gas Supply

As Africa’s natural gas demand is projected to rise by 60 per cent by 2050, Floating liquefied natural gas (FLNG) is expected to deliver efficient supply chain capacity, according to a new report. The FLNG is rapidly becoming a central component of Africa’s natural gas development strategy as the continent prepares for a sharp rise […]

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1 week ago RMB powers strategic energy shift with US$285m financing for BlueCoreInfraCo.

RMB closes a landmark $285m Nigeria energy financing deal for BlueCoreInfraCo, accelerating the country’s gas transition and infrastructure evolution. Read More: https://punchng.com/rmb-powers-strategic-energy-shift-with-us285m-financing-for-bluecoreinfraco/

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2 w. ago Gas Constraint: Conserve Energy, System Operator Urges As Power Restoration To Grid Continues

The Nigerian Independent System Operator (NISO) has called on consumers to conserve energy amid lingering gas constraints, even as power restoration progresses following repairs to vandalised infrastructure. This comes after the Nigerian Gas Infrastructure Company (NGIC) fixed the critical Lagos-Escravos-Lagos gas line, boosting gas supply to key thermal plants and enabling gradual electricity ramp-up to […]

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