Oil&Gas - Page 129

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

‘Technologies Can Increase Nigeria’s Oil Revenues By $200m Annually ‘

Huawei,a global technology solution provider,says Nigeria can leverage its Big Data products to improve oil revenue as part of its digital transformation technology solutions available for the oil and gas sector. The

November 23, 2021

Oil&Gas

We Won’t Stop Petrol Bridging Programme -NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA),has hinted that it will continue the implementing the petroleum bridging programme to boost availability of the product nationwide. The Chief Executive Officer (CEO)

November 22, 2021

Oil&Gas

Seplat Energy Gets Improved Fitch Rating

Seplat Energy Plc, has been upgraded to ‘B’ from ‘B-‘ by Fitch Ratings on its Long-Term Issuer Default Rating (IDR). Fitch also confirms Seplat Energy’s outlook to be stable’ and upgraded the

November 22, 2021

Oil&Gas

Corporate Governance:Chevron’s Chief Harps On Transparency,Accountability

Chevron Nigeria Limited has emphasized the relevance of transparency and accountability as part of the corporate governance for community development. Esimaje Brikinn, General Manager, Policy, Government and Public Affairs (PGPA), said this in

November 22, 2021

Oil&Gas

TotalEnergies Investment In Oil,Gas Sector Excites NCDMB

The Nigerian Content Development and Monitoring Board (NCDMB), has expressed delight with TotalEnergies’ commitment to sustained investment in the gas sector, with due considerations for renewable energy. Executive Secretary of the Board, Engr.

November 22, 2021

Oil&Gas

IMF To FG: Stop Energy Subsidies Next Year

The International Monetary Fund has appealed to the Federal Government to do away with fuel and electricity subsidies completely early next year . It also said the development should be followed by

November 20, 2021

Oil&Gas

Cooking Gas:Massive Deforestation Looms-Group

Coalition of South East Youth Leaders (COSEYL), has hinted that the high cost of cooking gas was pushing most Nigerian families back to the use of firewood and charcoal. The group disclosed

November 20, 2021

Oil&Gas

How Africa Free Trade Agreement Will Boost Nigeria’s Oil Industry- NCDMB boss

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has highlighted opportunities that could be realized by the Nigerian oil and gas industry against the

November 19, 2021

Oil&Gas

NNPC,Afreximbank Ink $1bn Petroleum Exploration Deal

The Export-Import Bank (Afreximbank) has signed a $US1.04 billion facility with the Nigerian National Petroleum Corporation (NNPC) to finance the exploration of petroleum. The agreement was concluded on Tuesday in Durban during

November 19, 2021

Oil&Gas

NUPRC Promises Partnership With Unions

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has pledged to partner with the two oil and gas industry unions, Petroleum and natural gas Senior staff Association of Nigeria (PENGASSAN) and the National

November 18, 2021

Oil&Gas

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