Oil&Gas - Page 131

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

Chevron:Celebrating 11 Years of Nigerian Content Policy

The Nigerian oil and gas industry is strategic to the overall socio-economic development of the country. Nigerian Content (“NC”) development is critical for the nation as it progresses in its quest to

November 30, 2021

Oil&Gas

Energy Transition:Nigeria Needs Optimisation Of Resources-Shell Boss

The Country Chair of Shell Companies in Nigeria, Mr. Osagie Okunbor, has advocated the need for Nigeria to adopt a double strategy for its energy transition programme in response to global call

November 30, 2021

Oil&Gas

Firm Acquires 1.97bn Units Of Oando Plc

The board of Oando Plc, has announced the acquisition of 1,968,452,614 ordinary shares of the company, previously owned by Alhaji Dahiru Mangal, by Leaf Investment & Realtors Limited. According to a notice

November 30, 2021

Oil&Gas

Nigeria Gets New Domestic Base Price For Gas

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has established new Domestic Base Price (DBP) framework and applicable gas wholesale price for the strategic domestic sector. The Chief Executive Officer (CEO),

November 29, 2021

Oil&Gas

We Wont Condone Import-Driven Deregulation-PENGASSAN

Petroleum and Natural Gas Association of Nigeria (PENGASSAN),says the ongoing attempt by the federal government to deregulate the oil industry while the country largely depends on importation of petroleum products due to

November 29, 2021

Oil&Gas

Nigeria Will Ramp Up 1.8mbpd Production By December

The Group Managing Director (GMD)/Chief Executive Officer (CEO) of the Nigerian National Petroleum Company Limited, Malam Mele Kyari, has expressed optimism that Nigeria would ramp up oil production to 1.8 million barrels

November 23, 2021

Oil&Gas

Energy Transition:Sahara Group Advocates Increased Intra-African Partnership

Sahara Group has advocated the need for more intra-African collaboration to accelerate the continent’s march towards access to sustainable energy solutions and ultimately, energy transition. Executive Director, Wale Ajibade who led Sahara

November 23, 2021

Oil&Gas

‘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

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