Oil&Gas - Page 103

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

by Mohammed Shosanya

Expansion: NIPCO Plc Acquires Abuja Sheraton Hotels

22 Hospitality Limited,a subsidiary of Nigerian Independent Petroleum Company,NIPCO Plc, has announce the acquisition of a majority stake in Capital Hotels Plc (CHP),the former owner of the iconic Abuja Sheraton Hotel. The

October 10, 2022

Oil&Gas

Group Faults NNPC’s N674bn Profit,Seeks Investigation Of Board

The Conference Of Nigeria Political Parties (CNPP) has expressed doubt over the N674billion released by the Nigerian National Petroleum Company Limited (NNPCL) as its profit after tax. The group advocated the need

October 6, 2022

Oil&Gas

Flooding Responsible For Abuja Fuel Scarcity – NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority NMDPRA has blamed the return of fuel queues in the Federal Capital Territory FCT Abuja,on unprecedented flooding in Lokoja, Kogi State, The agency,in a

October 6, 2022

Oil&Gas

Energy Transition: Ending Gas Flaring, Gas Monetization Remain Our Priorities -Seplat

Seplat Energy Plc, Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, has said that its energy transition priorities remain to end flaring, monetise gas, displace diesel and

October 6, 2022

Oil&Gas

Compensation: We’re Evaluating N18.4bn Payment To Host Communities -NLNG

Nigeria LNG Limited (NLNG) says it is evaluating the resolution and circumstances surrounding the recent Senate’s directive to the company to pay N18.4 billion to host communities on the ground of infraction.

October 6, 2022

Oil&Gas

Oil Thieves Deserve Capital Punishment -Kyari

The Chief Executive Officer (CEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari has supported recent senate’s recommendation on the need to enforce capital punishment for oil theft offenders in

October 4, 2022

Oil&Gas

NNPC Rakes In N674bn

Nigerian National Petroleum Company Limited, NNPCL, has declared a profit after tax of N674 billion for the 2021 financial year, a growth of 134.8 percent compared to N287 billion declared in 2020.

October 4, 2022

Oil&Gas

NNPC Strengthens Operations, Acquires OVH Energy Marketing Limited

The Nigerian National Petroleum Company Limited, has acquired OVH Energy Marketing (OVH), owner and operator of the Oando branded retail service stations. The service stations will be merged with NNPC Retail Limited

October 1, 2022

Oil&Gas

Chevron Celebrates Nigeria At 62

Chevron companies in Nigeria are proud of our partnership and contributions to the social and economic development of the country as Nigeria celebrates its 62nd independence anniversary on October 1st,this year. We

October 1, 2022

Oil&Gas

Infractions: NMDPRA Shuts 16 Gas Plants, Filling Stations In Edo

Sixteen gas facilities and filling stations have been sealed by the Edo state office of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over alleged breach of rules and regulations. The

October 1, 2022

Oil&Gas

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