Oil&Gas - Page 140

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

World Bank Lists Nigeria Among Countries With Worse Access To Clean Fuel

The World Bank has listed Nigeria among the top 20 countries that lacked access to clean fuel and technologies for cooking. The bank disclosed in a report, titled ‘Universal access to sustainable

June 8, 2021

Oil&Gas

Our Commitment To Sustainable Environment Unquenchable-NNPC

The Nigerian National Petroleum Corporation (NNPC) says it remains committed to the promotion of sustainable environment across it operations, stressing that its energy transition programme and support for carbon neutral projects are

June 7, 2021

Oil&Gas

Africa Must Rely Less On Foreign Lenders To Fund Hydrocarbon Projects-Sylva

The Minister of State for Petroleum Resources, Timipre Sylva, has emphasized the need for Africa to be innovative and rely less on foreign funding for hydrocarbon projects The minister said this during

June 7, 2021

Oil&Gas

Lekan Akinyanmi Remains Lekoil Nigeria CEO

Lekoil Nigeria Limited,has said that Mr. Lekan Akinyanmi remains on the Board of Lekoil Nigeria Limited and also its Chief Executive Officer. Mr. Akinyanmi created and executed the vision of an independent

June 5, 2021

News·Oil&Gas

Petroleum Products Gulp 25% Of Nigeria’s Import

The Central Bank Governor, Godwin Emefiele, has said that petroleum products took about 25 per cent of the country’s import. He also said Nigeria will save about $3bn from petroleum products imports

June 5, 2021

Oil&Gas

Petroleum Confab To Produce Action Plan For Post-COVID19 Pandemic Era

The Nigeria International Petroleum Summit (NIPS), the African Petroleum Technology & Business Conference, scheduled for June 6 – 10, 2021, will come up with an action plan for Africa’s oil and gas

June 3, 2021

Oil&Gas

Savannah Energy Moves To Acquire ExxonMobil Assets

Savannah Energy Plc,is advancing exclusive discussions with ExxonMobil Corporation with respect to the proposed acquisition of its entire upstream and midstream asset portfolio in Chad and Cameroon. The company said the planned

June 3, 2021

Oil&Gas

Nigeria Needs $40bn Investments To Drive Gas Plan

The Nigerian National Petroleum Corporation (NNPC) has said that the Nigerian oil and gas industry will require at least $40 billion in direct investments in basic infrastructure to achieve the federal government’s

June 3, 2021

Oil&Gas

OPEC Mulls Increased Oil Demand

The Organisation of Petroleum Exporting Countries on Monday revised oil demand upwards following the progress in COVID-19 vaccination campaigns globally. OPEC Secretary-General, Mohammad Barkindo, disclosed the review for the upward demand for

June 1, 2021

Oil&Gas

NNPC Considers Equity In Private Refineries

The Nigerian National Petroleum Corporation has said that it is currently considering equity participation in a number of private refineries in the country. The Corporation’s spokesman,Dr.Kennie Obateru,explained that the decision is in

June 1, 2021

Oil&Gas

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