Oil&Gas - Page 111

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

FG Recovers N2.6trn Unpaid Taxes From Oil Firms

The Federal Government,says it has recovered the sum of N2.6 trillion from oil and gas companies on account interventions by Nigerian Extractive Industries Transparency Initiative (NEITI) and the National Assembly. Dr. Orji

September 13, 2022

Oil&Gas

Global Oil, Gas Exploration Dips

Global oil and gas exploration is set to shrink this year as the number of licensed blocks and total acreage fall to near all-time lows as the sector struggles to shake off

September 10, 2022

Oil&Gas

NMDPRA Clears Air On Daily Consumption Of Fuel In Nigeria

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) otherwise known as The Authority on Friday put daily Premium Motor Spirit (PMS) consumption at 66.89 million litres. The Nigerian National Petroleum Company

September 10, 2022

Oil&Gas

Oil Marketers Threaten To Down Tool Over Harassment, Intimdation

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to withdraw its services totally from Eastern part of the country if the harassment and intimidation from the security agencies continue without

September 10, 2022

Oil&Gas

PTI Celebrates 50 Years Anniversary,Seeks Improved Collaboration With Oil, Gas Industry Leaders

The Petroleum Training Institute (PTI), Effurun, Delta State has announced plans to celebrate 50 years of the founding of the institution. Dr. Henry A. Adimula, Principal/ Chief Executive, PTI,who disclosed this in

September 7, 2022

Oil&Gas

We Need Intervention Fund, Crude Oil Refiners Tell CBN

The Crude Oil Refiners Association of Nigeria (CORAN), the umbrella body of indigenous crude oil refiners has appealed to the Central Bank of Nigeria(CBN), to create crude refinery intervention fund like that

September 7, 2022

Oil&Gas

SPDC Investigates Oil Spill In Bayelsa

The Shell Petroleum Development of Nigeria Limited (SPDC) is investigating the oil spill incident which occured around one of its assets in Bayelsa State on August 24. A spokesman for the SPDC,

September 5, 2022

Oil&Gas

Nigeria’s Importation Of Fuel Patriotic Shame -Obaseki

Mr. Godwin Obaseki, Governor, Edo State, has faulted Nigeria’s continuous importation of petroleum products despite its stature as one of the largest producers of crude oil in the world. The governor,who said

September 5, 2022

Oil&Gas

NAPIMS Scores Shell’s Bonga High

The National Petroleum Investment Management Services (NAPIMS) has described the deep-water operations of Shell Nigeria Exploration and Production Company Limited (SNEPCo) as best in class. The Group General Manager of NAPIMS, the

September 3, 2022

Oil&Gas

Most Nigerians Support Fuel Subsidy Removal- Rainoil Boss

The Group Managing Director, Rainoil Limited , Dr Gabriel Ogbechie ,has said that Nigerians are not averse to the planned removal of fuel subsidy by the Federal Government. He said fuel consumers

September 3, 2022

Oil&Gas

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