The United Bank of Africa, a pan African financial services group with its headquarters in Lagos Nigeria, has acted as an initial mandated lead arranger with a consortium of Nigerian commercial banks in US$1.5bn pre-export finance facility for Eagle Export Funding Limited to enable the forward sale of crude by the Nigerian National Petroleum Corporation and National Petroleum Development Company (NPDC)

Seplat, a Nigerian leading independent oil and natural gas producer with eight blocks in the Nigerian Niger Delta region of the country, four of which it operates directly and with shares fully listed in both the Nigerian and the London Stock Exchange has announced Roger Thompson Brown, its former executive director as its CEO

Algeria’s Sonatrach and Spanish multinational oil and gas company Cepsa have signed a Memorandum of Understanding (MoU)

BP has set out a 10-year strategy to transform from an international oil company to an international energy company, as it looks to achieve net-zero emissions by 2050