Foreign investor buys N39.4bn stake in Forte oil

07 October 2015, Lagos – Forte Oil Plc, a Nigerian integrated energy solutions provider, on Tuesday said Mercuria Energy Group Holdings SA had acquired 17 per cent of its equity, valued at $200m (about N39.4bn). The company said that Mercuria Energy, the world’s third largest independent energy traders and asset operators, had made inroads into the […] More »