Oil&Gas - Page 133

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

‘How Saipem Breached Nigerian Content Law’

A whistleblower, Mr Moboluwaduro Abimbola, has accused Saipem Contracting Nigeria Limited (an Italian company registered in Nigeria) of breaching local content law due to its refusal to involve indigenous companies in processes
October 19, 2021

FG Boosts Local Production Of Cooking Gas

 Nigeria presently produces locally, a major portion of the Liquefied Petroleum Gas (LPG),otherwise known as cooking gas consumed in the country,the Petroleum Products Pricing Regulatory Agency (PPPRA) It attributed the development  to the
October 18, 2021
OPEC

OPEC Sees Prospects In African Downstream Sector

The Organisation of Petroleum Exporting Countries (OPEC) has  foresaw positive development in the African downstream that would raise local refined products and prune product imports from other regions. OPEC recalled that according
October 13, 2021

NNPC Considers Reconstruction Of Federal Roads

The Nigerian National Petroleum Corporation has expressed interest to invest in the reconstruction of select Federal roads under the Federal Government’s road Infrastructure development and refurbishment investment task credit scheme. The thrust
October 11, 2021

Buhari:NNPC Incorporation Pace To Global Reckoning

–N200bn Shares Capital Highest So Far President Muhammadu Buhari says the recent incorporation of the Nigerian National Petroleum Corporation would create inroad for the corporation’s global reckoning. Buhari,who  disclosed this when he
October 9, 2021
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