Oil&Gas - Page 153

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

Rehabilitation of PH Refinery Won’t Fail-NNPC

… Targets 3,000 Jobs as Construction Work Kicks off The Nigerian National Petroleum Corporation (NNPC) has commenced construction work in the Port Harcourt Refinery rehabilitation project with a firm commitment not to

May 7, 2021

Oil&Gas

‘Revocation Of Marginal Oil Fields’ Licenses Negative Signals To Investors’

Some marginal fields’ operators have faulted the revocation of 11 oil field licences by the Department of Petroleum Resources (DPR),saying the development was a dangerous precedent to investment in the nation’s oil

May 7, 2021

Oil&Gas

Asharami Energy Achieves 1.8 million LTI-Free Man-Hours

Asharami Energy, a Sahara Group Upstream Company, has achieved 1, 852,052 man-hours without Lost Time Injury (LTI) across operations driven by responsible engineering and unwavering commitment to global occupational safety and health

May 4, 2021

Oil&Gas

Nigeria To Strengthen Asia’s Growth With New Oil, Gas Projects

A report by the Journal of Petroleum Technology (JPT) has said that Nigeria and other African countries will strengthen Asia growth with new oil and gas projects The report said that Africa

May 4, 2021

Oil&Gas

We Are Not Broke-NNPC

The Nigerian National Petroleum Corporation (NNPC) has explained thatbthe zero revenue projection for May pertains only to the federation revenue stream it manages and not a reflection of its overall financial performance.

May 1, 2021

Oil&Gas

SEPLAT Records $28 million Profit In Q1

Seplat Petroleum Development Company Plc,has announced its unaudited results for the three months ended 31 March 2021, recording a rise in revenue by 16.8 per cent to $152.4 million with increased operational

April 30, 2021

Oil&Gas

DPR Harps On Cost Reduction Measures

The Department of Petroleum Resources (DPR) Wednesday said it will continue to embark on its current cost-cutting measures in the oil and gas industry to cope with the impact of the uncertainty

April 29, 2021

Oil&Gas

NEITI Intensifies Moves To Recover Unremitted N69bn

Dr. Orji Ogbonnaya Orji, the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, NEITI, has urged the Accountant General of the Federation, Mr. Idris Ahmed to resuscitate the Inter-Ministerial Task Team

April 28, 2021

Oil&Gas

COVID-19 Resurgence Threatens Oil Demand Recovery – OPEC

The Organisation of Petroleum Exporting Countries has said that resurgence of the COVID-19 pandemic in many countries is posing a threat to economic and oil demand recovery, the Organisation of Petroleum Exporting

April 28, 2021

Oil&Gas

Group Seeks Reversal Of Total’s Force Majeure On $20bn LNG Project In Mozambique

The African Energy Chamber,has emphasized the need for Total Corporation to reverse declaration of force majeure on Mozambique $20bn liquefied natural gas project. The multinational oil company considered the legal on Monday

April 27, 2021

Oil&Gas

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