Oil&Gas - Page 115

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

Six Regulations On Midstream, Downstream Sector Underway -FG

The Federal Government is drafting six regulations on midstream and downstream operations to bring clarity, improve business processes and ease of doing business in the sector. The Authority Chief Executive, Nigeria Midstream

May 23, 2022

Oil&Gas

Major Oil, Gas Companies Improving Profitability With Digital Technologies -Report

Leading oil and gas companies are tapping into digital technologies to improve productivity and profitability, says GlobalData, a data and analytics company said Digitalization, which involves the adoption of digital technologies such

May 23, 2022

Oil&Gas

NNPC, Sahara Group Announce USD300m Investment In Gas Carriers

The Nigerian National Petroleum Company Limited (NNPC) and leading energy and infrastructure conglomerate, Sahara Group,Monday, took delivery of two 23,000 CBM Liquefied Petroleum Gas (LPG) vessels at the Hyundai MIPO Shipyard in

May 23, 2022

Oil&Gas

Africa Must Shift Attention To Clean Energy-Sylva

Timipre Sylva, Minister of State for Petroleum Resources, Chief Timipre Sylva,has emphasized the need for African countries to shift attention to cleaner energy use. He also said with significantly untapped fossil fuel

May 20, 2022

Oil&Gas

Global Oil, Gas Contracts Stifled In Q1 2022 -Report

Global oil and gas industry contract activity was stifled at the beginning of the first quarter of the year due to the Russia-Ukraine conflict,a report said. But , in the second half

May 19, 2022

Oil&Gas

Oil Marketers Petition Sylva Over Alleged Discrepancies In Subsidy Payment

Some marketers have petitioned the Minister of State for Petroleum Resource, Timipre Sylva, revealing the alleged discrepancies in the payment to some oil marketers by the Chief Executive Officer Midstream and Downstream

May 16, 2022

Oil&Gas

Why High Crude Oil Prices Is Not Adding Value To Nigeria’s Economy -World Bank

Nigeria was yet to benefit from increasing oil prices as a result of declining oil production and fuel subsidy,the World Bank has said. It also said the country’s oil production declined in 2021

May 14, 2022

Oil&Gas

Oil Marketers Get N58bn Subsidy Claims

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over N58 billion has been disbursed to oil marketers whose claims have been verified. The agency,in a statement, said about N34 billion of

May 13, 2022

Oil&Gas

Nigeria’s Midstream, Downstream Not Maximizing Local Content Potentials In Oil Industry -Wabote

The Nigerian Content Development and Monitoring Board (NCDMB) says midstream and downstream sector lacks a coherent strategy to maximize the local content potentials of the massive investments in the country’s oil industry

May 12, 2022

Oil&Gas

Nigeria To Account For 24% Of Oil, Gas Projects In 2026

Over 100 oil and gas projects should commence operations in Nigeria during the next four years, accounting for more than 24% of the predicted total projects starts during that time, predicts GlobalData,

May 12, 2022

Oil&Gas

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