Oil&Gas

Renaissance Energy Acquires SPDC

Renaissance Africa Energy has completed the acquisition of the entire equity holding in Shell Petroleum Development Company of Nigeria (SPDC). Renaissance Africa Energy Holdings comprises four successful Nigerian independent oil and gas
March 14, 2025

Shell Charges Nigeria On Energy Investment

Nigeria possesses the ingredients to be a world-class energy investment hub, but needs urgent action to convert its potential into prosperity, Shell has said. Delivering sponsor remarks at the 49th SPE Nigeria
August 4, 2026

Dangote Refinery Raises $2.5bn

Dangote Petroleum Refinery and Petrochemicals FZE, DPRP, has completed a landmark private equity placement, raising approximately US$2.5 billion in new capital. The deal is said to be Africa’s largest publicly disclosed primary
July 23, 2026

Stop Issuing Licenses To Importers, IPMAN Tells FG

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has told the Federal Government to stop issuing licences to companies to import petroleum products. Its National Publicity Secretary, Chinedu Ukadike, told newsmen in
July 19, 2026
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