Oil&Gas - Page 3

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

Fubara Vows Robust Support For NLNG To Boost Economy

Governor of Rivers State, Sir Siminalayi Fubara, has pledged the continued support of his administration for the Nigeria Liquefied Natural Gas in order to boost the country’s economy. He gave the assurance on

April 9, 2026

Oil&Gas

NNPC Says Improved Pipeline Security Boosts Oil Output To 1.84m Barrels Daily

The establishment of integrated pipeline security in the Niger Delta has boosted national crude production from a historic low of 960,000 barrels per day in 2022 to an average of 1.71 million

April 9, 2026

Oil&Gas

Strengthening Energy Security: NNPC Outlines Strategic Value Of Cawthorne Crude Exports

The Nigerian National Petroleum Company (NNPC) Limited, has said that the launch of its new crude trade-Cawthorne underscores its deliberate strategy to unlock value from its asset base, and deepen market competitiveness.

April 8, 2026

Oil&Gas

Nigeria’s Daily Oil Output Soars To 1.84M Barrels

Nigeria’s daily oil output has soared to 1.84 million barrels in recent days, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),has revealed. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale

April 3, 2026

Oil&Gas

NUPRC Declares 2026 Reserves: 59 Years Of Oil, 85 Years Of Gas Left

Nigerians oil reserve can still last for 59 years while the gas can serve the country for 85 years, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has said. Disclosing this in its

April 2, 2026

Oil&Gas

FG Raises Domestic Gas Prices

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has increased gas price supplied to the domestic market in the country. The price increased to $2.18 per metric million British thermal units

April 1, 2026

Oil&Gas

Adeleye Falade Takes Over As NLNG CEO

Adeleye Falade has officially assumed office as the Managing Director and Chief Executive Officer of NLNG. He assumed the role today, Wednesday at the company’s Corporate Head Office in Port Harcourt, succeeding

April 1, 2026

Oil&Gas

Chevron Finalizes Major Investment To Unlock Aseng Gas Fields In Equatorial Guinea

Noble Energy EG Limited, a Chevron company, has confirmed that Chevron has taken Final Investment Decision on the Aseng Gas Monetization Project in Equatorial Guinea. The FID follows the execution of relevant

April 1, 2026

Oil&Gas

Afreximbank Boosts Dangote Refinery Operations With $2.5bn Loan

African Export-Import Bank has provided $2.5 billion in a $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals, in a move aimed at boosting the refinery’s financial position and

April 1, 2026

Oil&Gas

Marketers Demand Immediate Crude-In-Naira Supply To Halt Price Surge, Prioritize PH Refinery

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), has implored the Federal Government to urgently consider strategic intervention to boost the supply framework of the Naira-for-Crude policy to enhance local

March 26, 2026

Oil&Gas

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