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Refinery delays contribute to Abuja’s fuel challenge
Nigeria’s downstream status quo changed forever with the end of fuel subsidies, but the flagship Dangote refinery has still yet to start operations
Letter from Nigeria: New leader delivers shock therapy
President Tinubu has already targeted major reforms at the country’s dysfunctional downstream and upstream sectors, as well as overhauling monetary policy
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The proposed mega-projects linking Nigeria to the Mediterranean and beyond face significant hurdles, but there are strategies that could help them advance
New president, old problems for Nigeria
Abuja is still waiting for the Dangote refinery to solve the country’s expensive fuel subsidy problem
Dangote mystery cannot be solved soon enough for Nigeria
The refinery project is well-advanced but is unlikely to be online in time to help alleviate a forecast gasoline supply squeeze this summer
African LNG growth could come too late to cash in
Can new capacity come online soon enough to capitalise on elevated prices?
Global LNG analysis report 2023 — Part 1
Decarbonisation and the war in Ukraine are just two of the factors driving the massive investment in liquefaction and regasification around the world. The first part of this deep-dive analysis looks at developments in Africa
Nigeria heads for crucial elections
The country’s next president faces an uphill battle to revive the struggling oil and gas sector
African gas flaring offers opportunities and challenges
Sub-Saharan Africa is chronically starved of energy, and yet the region flares disproportionate volumes of gas every year
Nigeria’s Dangote refinery startup in doubt
The market is growing increasingly pessimistic about the potential timeline for the ‘game-changing’ West African refinery project
Osa Okhomina, CEO of ADM
Nigeria
Simon Ferrie
22 July 2022
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Nigerian independent poised to expand

ADM Energy has a pipeline of possible deals, says CEO Osa Okhomina

Nigerian independent ADM Energy is looking at potential acquisitions and has “two potential transactions underway”, CEO Osa Okhomina tells Petroleum Economist, adding that the company wants to conclude “one or two deals per year”. ADM is keen on “appraisal plays”, he continues, explaining that buying 2C reserves at a low price is a “better bang for our buck” than investing in mature fields. The company has “lots of experience operating offshore”, Okhomina continues, but would also consider the right assets in shallow waters and swamps. “The PIA is a good thing and has already improved the economics of our projects” Okhomina, ADM The independent wants to diversify political risk and s

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