Oil&Gas - Page 109

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

Energy Crisis: Oil Companies’ Huge Profits Immoral,Unjusfiable- UN Scribe

United Nations Secretary-General’s Global Crisis Response Group (GCRG) on Food, Energy and Finance has faulted the huge profit being earned by oil and gas companies in the midst of ongoing global energy

August 3, 2022

Oil&Gas

Shell Strengthens Local Content,Awards $800million Contracts To Nigerian Companies

Shell Companies in Nigeria (SCiN) announced the award $800 million contracts to Nigerian companies in 2021. The company said similar quantum of contracts offered to the same set of groups in the

August 3, 2022

Oil&Gas

Crude Oil Theft Bleeding Nigeria’s Economy -Shell

Shell Petroleum Development Company Nigeria Limited says crude oil theft is currently bleeding Nigeria’s economy. The act,according to the multinational oil company, caused the nation $1 billion in revenue loss in

August 3, 2022

Oil&Gas

Marketers Responsible For Hike In Fuel Price, FG Insists

The current adjustment in the pump price of fuel in Nigeria didn’t get the nod of the Federal Government,the country’s Minister of State,Petroleum Resources, said on Monday. He said the government is

August 2, 2022

Oil&Gas

‘How PIA Undermines Relevance Of State Govts, Host Communities’

The Bayelsa State Deputy Governor, Lawrence Ewhrudjakpo, Monday, says the role of state governments had been deliberately whittled down in the Petroleum Industry Act (PIA), which implementation is expected to commence this

August 2, 2022

Oil&Gas

Seplat Energy Launches Amukpe-Escravos Pipeline,Sees Huge Prospects For Nigeria’s Economy

Seplat Energy Plc, has begun commercial injection of crude oil through the new Amukpe-Escravos Pipeline. This is expected to provide a more reliable and secure export route for liquids from Seplat Energy’s

August 2, 2022

Oil&Gas

NUPRC Boss Urges African Countries To Increase Oil Exploration, Production

The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has called on oil producing countries in Africa to scale up their oil exploration and production activities

August 2, 2022

Oil&Gas

We’ll Drive Nigeria’s Attainment Of Zero Carbon Emission Goal

Chevron Nigeria Limited will take deliberate actions in ensuring that the country attains its net zero carbon emission goal by 2060,iCommunications Manager, Chevron Nigeria and Mid-Africa, Mr Victor Anyaegbudike, has said .

July 30, 2022

Oil&Gas

Sahara Group’s SAPET Gas Debuts In Cote D’Ivoire,Promises To Promote Energy Transition

The Ivorian National shores welcomed a whiff of clean energy as SAPET GAS, the pioneer Liquefied Petroleum Gas (LPG) vessel to be named under Ivorian origin and carry the national flag,

July 28, 2022

Oil&Gas

Huge Energy Cost,Forex Scarcity,Insecurity Frustrated Nigerian Manufacturers In H1-CPPE Boss

Muda Yusuf, Founder/CEO, Centre for the Promotion of Private Enterprise, CPPE, has said that huge and increasing energy costs, foreign scarcity, and insecurity are major concerns for major players in the Nigerian

July 25, 2022

Oil&Gas

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