Oil&Gas - Page 149

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

‘Voting $1.5bn For PH Refinery Maintenance Wasteful’

Nigerians have faulted President Muhammadu Buhari’approval of $1.5billion for the rehabilitation of the Port Harcourt refinery,saying it’s too expensive with little value on the economy for now They told PREMIUM NEWS that

March 18, 2021

Oil&Gas

Crude Oil Price Drops For Fifth Day

Oil prices fell for a fifth day on Thursday after official data showed a sustained rise in U.S. crude and fuel inventories, while the pandemic clouded the demand outlook. Brent crude was

March 18, 2021

Oil&Gas

DPR Says Lagos Free Of Fuel Hoarding

The Department of Petroleum Resources, has given clean of health to Lagos and environs saying it has not discovered any incident of hoarding of petroleum products therein However,the agency said its officials

March 16, 2021

Oil&Gas

Consumption Of Illicit Drugs Worrisome-NNPC

The Nigerian National Petroleum Corporation (NNPC),has expressed concern over the high consumption of illicit drugs,saying it the act is destroying the fabric of Nigeria’s society The Group Managing Director of NNPC, Mallam

March 16, 2021

Oil&Gas

NEITI Laments Low Investments In Nigeria’s Oil Industry,Promises Hope

Dr. Orji Ogbonnaya Orji,the new Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Dr. Orji Ogbonnaya Orji has expressed regrets over the complaints by oil companies that out of over

March 15, 2021

Oil&Gas

Nestoil Seeks Action Against Gender Bias

The Nestoil Group has advocated the need for an end to gender bias, saying women deserve to be celebrated for their invaluable roles in shaping the world . At its 2021 International

March 13, 2021

Oil&Gas

Nigeria Produced Additional 161,000bpd Last Month-OPEC

The Organisation of Petroleum Exporting Countries (OPEC)has said that Nigeria’s oil production increased by 161,000 barrels per day in February compared to the previous month. OPEC, in the March edition of its

March 12, 2021

Oil&Gas

DPR Shuts 86 Illegal Gas Plants In Lagos

The Department of Petroleum Resources (DPR),has closed 86 Liquefied Petroleum Gas (LPG) plants in Lagos in 2020 for operating illegally. Mr Paul Osu, Head, Public Affairs, DPR,explained that the plants were shutdown

March 10, 2021

Oil&Gas

Kyari Advocates Clear Fiscal Framework For Nigeria’s Gas Sector

The Nigerian National Petroleum Corporation (NNPC) has advocated the need for a legislative framework with clear fiscal terms in order to tap the full potential of the gas resources in the

March 9, 2021

Oil&Gas

NNPC, Usmanu Danfodiyo Varsity To Partner On Development of Energy Conversion

The Nigerian National Petroleum Corporation (NNPC) and the Usmanu Danfodiyo University, Sokoto, have pledged to collaborate on the development of energy inter-conversion and storage as a catalyst for Nigeria’s economic development and

March 8, 2021

Oil&Gas

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