Oil&Gas - Page 142

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

Petroleum Industry Act Holds Huge Promises For Niger Delta-Fishermen

The Petroleum Industry Act (PIA), 2021, holds a lot of promises for the Niger Delta region, the Artisanal Fishermen Association of Nigeria (ARFAN),has said President of ARFAN, Samuel Ayadi,who disclosed this while reacting

August 18, 2021

Oil&Gas

Ascon Oil Re-claims Petrol Filling Station,Repositions Operation

Quest Oil & Engineering Services Limited, owners of Ascon Oil Company Limited has re-claimed the petrol filling station located at Block 36 Admiralty Way, Lekki Phase 1. The development was in line

August 17, 2021

Oil&Gas

New Petroleum Law Will Strengthen NNPC,Says Kyari

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said that the signing of the Petroleum Industry Bill(PIB)into law by President Muhammadu Buhari is a booster

August 17, 2021

Oil&Gas

PIB:Fuel Subsidy Stays

The Federal Government says it will not remove oil subsidy for now on account of Monday’s signing of the Petroleum Industry Bill by President Muhammadu Buhari. Minister of State for Petroleum Resources,Chief

August 17, 2021

Oil&Gas

NNPC’s Re-organization Will Promote Efficiency-Marketers

The Independent Petroleum Marketers Association of Nigeria IPMAN, has said that the recent reorganization in the Nigerian National Petroleum Corporation was in order. The IPMAN’s National President, Elder Chinedu Okoronkwo, lauded the Group

August 16, 2021

Oil&Gas

Compensation:Shell Not Responsible For Ogoni Spill

Shell Petroleum Development Company,says it was not responsible for the oil spills which a Federal High Court in Abuja had ordered it to pay N45.9 billion as compensation to the people of Ogoni in Rivers

August 12, 2021

Oil&Gas

Group Urges Nigeria On Divestment Of Funds To Renewable Energy

The Environmental Rights Action/ Friends of the Earth Nigeria (ERA/FoEN) has emphasized the need for African countries to urgently embrace renewable energy sources so as not to be left behind in the

August 11, 2021

Oil&Gas

Shake Up: NNPC Promotes, Redeploys Senior Staff

The Nigerian National Petroleum Corporation (NNPC),has promoted and redeployed some staff to fill key vacant positions in line with its bid to reposition the corporation towards attaining global excellence and profitability The corporation conveyed

August 10, 2021

Oil&Gas

NNPC Posts ₦43.57bn Trading Surplus

The Nigerian National Petroleum Corporation (NNPC) recorded trading surplus of ₦43.57bn in April 2021,representing a 23.64% increase over the ₦35.24bn surplus it recorded in the previous month of March 2021. The figure

August 9, 2021

Oil&Gas

Nigeria Needs Robust Emission-Cutting Programs In Upstream Operation-Ashrami

Operators in the upstream sector need to develop Nigeria-specific prorams to address the challenge of emissions in the march towards energy transition, Henry Menkiti, Chief Operating Officer, Asharami Energy has said. Speaking

August 9, 2021

Oil&Gas

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