Meren Energy Inc (TSX:MER, STO:MER, OTCQX:MRNFF) CEO Dr Oliver Quinn spoke with Proactive’s Stephen Gunnion about strong third-quarter financial results, renewed drilling activity in Nigeria and plans to accelerate operations during 2027. Meren reported quarterly EBITDA of more than $110 million and free cash flow of $59 million, with higher commodity prices supporting performance. Cumulative […]
Africa’s largest refinery has purchased crude oil from the United Arab Emirates for the first time, widening its supplier base as persistent shortages of Nigerian crude continue to complicate efforts to feed one of the world’s biggest single-train refining complexes.
Nigerian independent energy firm, Heirs Energies Limited, has been recognised on the global stage after its landmark $750 million dual-tranche Senior Secured Reserve-Based Lending (RBL) facility was named the Best Oil & Gas Deal of the Year at the EMEA Finance Project Awards 2026.