Oil&Gas - Page 121

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

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

Why NLNG Trains Are Not Producing At Full Capacity-FG

The Nigeria Liquefied Natural Gas trains cannot produce at full capacity due to insufficient gas supply,the Federal Government has said. The government implored partners in the NLNG project to allow the transportation

April 7, 2022

Oil&Gas

Shell Pays FG $6bn, Wins FIRS Tax Awards

The Federal Inland Revenue Service has named Shell as a “leading tax compliant organisation in Nigeria for 2021.” At an award ceremony in Abuja last week as part of the second annual

April 6, 2022

Oil&Gas

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