Shell’s Nigerian Afam power plant begins operations

The new plant should help provide some relief to the country’s power crisis, considered one of the main brakes on economic growth for the world’s eighth largest oil exporter.

31 October 2008 – UK energy company Centrica has announced a 3 for 8 Rights Issue to raise approximately £2.2bn ($3.6bn) to fund the potential acquisition of a 25 per cent interest in nuclear operator British Energy.