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

NEITI Decries Mismanagement Of Oil Wealth

The Nigeria Extractive Industries Transparency Initiative, NEITI said decried the mismanagement of extractive revenues and other infractions in the country’s extractive sector. Executive Secretary of NEITI, Dr. Orji Ogbonnaya Orji stated this
October 10, 2022

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

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
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