Oil&Gas - Page 117

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

Upstream Sector Payments To Governments To Hit US$2.5 trn

Rystad Energy research,says sustained high commodity prices and increasing oil and gas supply are set to push upstream sector payments to governments to an all-time high of US$2.5 trillion this year, with Saudi

April 29, 2022

Oil&Gas

Divestment: Stakeholders Kick,Accuse FG Of Empowering IOCs To Dictate Terms

Stakeholders in the Niger Delta have accused the Federal Government of Nigeria and its oil and gas industry regulatory agencies of complicit silence as the international oil companies (IOCs) dictate the terms

April 25, 2022

Oil&Gas

Oil Demand To Drop By 1.4m bpd-Report

Latest forecast by Rystad Energy says global oil demand will drop by 1.4 million barrels per day. The forecast said the 1.4 million bpd loss would sink oil demand to 99.6

April 23, 2022

Oil&Gas

Coy Demands Gas Supply From Shell For 255MW Power Project

A proposed 225 Megawatts independent power plant is seeking gas supply from Shell Nigeria Gas (SNG), a leading domestic gas supply company with over 150 companies on its customers’ list. Managing Director

April 22, 2022

Oil&Gas

CBN: Dangote Refinery Will Reduce Forex Demand In Nigeria

The Central Bank of Nigeria,says it is expecting that the foreign exchange needed for the importation of petroleum products will reduce by the end of this year when the Dangote Refinery commences

April 22, 2022

Oil&Gas

NNPC, SNEPCo Donate ICT Centre To Petroleum Varsity

The Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo), Thursday, inaugurated a state-of-the-art Information and Communication Technology (ICT) Centre at the Federal University of Petroleum Resources,

April 21, 2022

Oil&Gas

How Nigeria Can Be Relevant In Global Energy Transition Train – Sylva

, the Minister of State for Petroleum Resources, has tasked regulatory agencies and other stakeholders in the oil and gas industry to design regulations that would balance the interests of Nigeria and

April 20, 2022

Oil&Gas

CPPE Boss Seeks Tax Holidays For Renewable Energy Coys

The Chief executive officer of Center For The Promotion Of Private Enterprise, CPPE, Dr. Muda Yusuf,has advocated the need for tax holidays for renewable energy companies in the country. The holidays,he said,should

April 19, 2022

Oil&Gas

‘Dangote Refinery Will Redefine Nigeria’s Domestic Fuels Production’

The Society of Petroleum Engineers (SPE) and the Nigerian Content Development and Monitoring Board (NCDMB) have applauded Dangote Petroleum Refinery for its application of world-class technology in the construction of the 650,000

April 19, 2022

Oil&Gas

Idle Well Mgt, Remote Well Control Solution To Oil Theft- Expert

Oil services expert, Victor Ekpenyong, has recommended the deployment of idle well management strategy and remote well control as key solutions to combating oil theft in the country. The development will also

April 19, 2022

Oil&Gas

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