Oil&Gas - Page 30

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

FG Orders Probe Into Niger Tanker Explosion

The  Minister of Petroleum Resources (Oil),Heineken Lokpobiri,has directed  the Nigerian Midstream and Downstream Regulatory Authority to launch investigation into Saturday’s Niger fuel tanker accident which claimed 77 lives.  He conveyed this in
January 19, 2025

Eterna Plc Appoints Adeosun As New CEO

The Board of Directors of Eterna Plc has appointed Mr. Olumide Adeosun as the new Managing Director/Chief Executive Officer of Eterna Plc. According to a statement issued on Thursday by David Edet,
January 16, 2025

NNPCL Remits N10trn To Federation Account

The Nigerian National Petroleum Company Limited (NNPCL), has remitted N10 trillion to the federation account as at September,2024. The Group Chief Executive Officer (GCEO) of the company,Mele Kyari,disclosed this on Wednesday during
January 16, 2025

Axxela Restructures Operations

Axxela Limited,a gas and power portfolio company in sub-Saharan Africa, has announced a bold organisational restructuring as part of its strategic commitment to accelerating growth and expanding market influence. This transformation to
January 12, 2025

Our Refinery Not 90% Completed-BUA Group

BUA Group,has faulted report that its 200,000 barrels/day refinery is at 90% completion. It advised the public to disregard such misleading reports that did not emanate from us. The company maintained that
January 5, 2025
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