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Savannah Energy to sell 118,083,927 shares to NIPCO
Savannah Energy says it has entered into Relationship Agreement with NIPCO Plc through an Off-market Share Buyback Termination Agreement to sell 118,083,927 of the 143,565,582 Ordinary Shares that were subject to the Buyback Agreement.
Oil posts deepest annual loss since 2020 on surplus concerns
Oil closed out the year with its steepest annual loss since 2020 as the market confronts wide-ranging geopolitical risks and steadily rising supplies across the globe.
ACTIVITIES
A new chapter begins. With renewed commitment and shared purpose, we step into 2026 focused on progress, and a stronger energy future.
Happy New Year!
RECENT ROUNDUPS
WHO WE ARE
WHO WE ARE
The Major Energies Marketers Association of Nigeria (MEMAN) is an energy industry association led by Mr Clement Isong, who serves as the Executive Secretary and CEO. The Association comprises a distinguished lineup of reputable companies: 11Plc (formerly Mobil), Ardova Plc, Conoil Plc, MRS Oil Nigeria Plc, NNPC Retail Limited, and TotalEnergies Marketing Nigeria Plc.
The Major Energies Marketers Association of Nigeria (MEMAN) is an energy industry association led by Mr Clement Isong, who serves as the Executive Secretary and CEO. The Association comprises a distinguished lineup of reputable companies: 11Plc (formerly Mobil), Ardova Plc, Conoil Plc, MRS Oil Nigeria Plc, NNPC Retail Limited, and TotalEnergies Marketing Nigeria Plc.





















