Oil&Gas - Page 118

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 Promises To Complete 17-Year-Old Brass LNG Project

The Federal Government has promised to complete the stalled Brass Liquefied Natural Gas (BLNG) project in the country. The government is seeking new investors to revive the project,according to the Minister

April 18, 2022

Oil&Gas

AKK Project: NNPC Assures Of First Gas Delivery Next Year,Improved Power Generation

The Board of the Nigerian National Petroleum Company Limited (NNPC) has expressed optimism that the first Quarter 2023 target for delivering Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project will be met. It also expressed satisfaction with the

April 15, 2022

Oil&Gas

SPDC JV Opens N100m Animation Academy For Niger Delta Youths

The Shell Petroleum Development Company of Nigeria Limited (SPDC), operator of the SPDC joint venture, has opened an animation academy in Port Harcourt, Rivers State, for practical training of youths in

April 14, 2022

Oil&Gas

Nigeria’s Crude Oil Output Decreased By 24,000b/d Last Month,Says OPEC

Nigeria’s crude oil production dropped to an average of 1.354 million barrels per day in March 2022,according to Organisation of the Petroleum Exporting Countries (OPEC) . The figure showed a decrease of

April 13, 2022

Oil&Gas

We’ll Complete Rehabilitation Of PH Refinery Next Year-FG

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has assured Nigerians that said the April 2023 completion date for the rehabilitation of the Port Harcourt refinery would be completed next

April 13, 2022

Oil&Gas

Russia-Ukraine war: EU Seeks Increased Demand Nigeria’s Gas

At least 40 per cent of Nigeria’s Liquefied Natural Gas was exported to Europe,European Union ambassadors have said. They emphasized the need for increased collaboration between Nigeria and the EU in the

April 12, 2022

Oil&Gas

Shell restarts Prelude FLNG Facility

Liquefied natural gas cargoes have resumed from Shell’s Prelude FLNG facility offshore Australia following the latest shutdown, which lasted more than four months. She said:“Our focus at Prelude remains on the long-term

April 11, 2022

Oil&Gas

Global Energy Expenditure To Hit $2.1tr In 2022- Report

A research by Rystad Energy has revealed that surging oil, gas, and power prices, together with the European Union (EU)’s goals of becoming less dependent on Russian supplies, and post-Covid-19 pandemic inflation,

April 8, 2022

Oil&Gas

Kyari Laments $1.5bn Loss To Crude Oil Thieves,Advocates Special Courts For Offenders

The Group Managing Director of the Nigeria National Petroleum Company (NNPC) limited, Mele Kyari, lamented Nigeria’s loss of $1.5 billion to crude oil thieves between January to March of 2022 . He expressed this

April 8, 2022

Oil&Gas

We’re Not Hindering Growth Of NLNG-Chevron

Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited (“NNPC”) and CNL, has faulted report alleging thatit was one of the partners hindering full operation

April 7, 2022

Oil&Gas

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