Oil&Gas - Page 57

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

Revenue: FG Considers Revocation Of 55 Dormant Oil Fields Licences

Mohammed Shosanya The Federal Government,has concluded plans to revoke licensing of dormant oil fields in order to support its efforts by to shore up oil revenue and increase production. Minister of State

April 17, 2024

Oil&Gas

Nigeria’s Gas Reserves Hit 209.26 Trillion Cubic Feet

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Monday disclosed the current status of the Nigerian crude oil and gas reserves. At a press conference in Abuja,Engr Gbenga Komolafe, the Commission Chief Executive,states

April 16, 2024

Oil&Gas

FG Explains Drop In Nigeria’s Oil Output In Q1

Mohammed Shosanya Minister of State for Petroleum Resources(oil)Heineken Lokpobiri,says the drop in crude oil production in the first quarter of 2024 is due to challenges with the Trans-Niger pipeline (TNP) and the

April 13, 2024

Oil&Gas

Nigeria’s Energy Sector Needs Robust Collaboration

Mercy Salawu The Society of Petroleum Engineers (SPE), Nigerian Council,has called for collaborative efforts in addressing the challenges and opportunities facing Nigeria’s energy sector. In a recent address at the opening ceremony

April 13, 2024

Oil&Gas

How Gas Drives Nigeria’s Economic Growth,Industrial Development-NNPC Boss

Mohammed Shosanya The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.),Mr. Mele Kyari, has reiterated the crucial role of natural gas in fuelling economic growth and

April 11, 2024

Oil&Gas

Oil Theft:Deploy More Soldiers To Niger Delta,PENGASSAN Tells Tinubu

Mohammed Shosanya The Petroleum and Natural Gas Senior Staff Association of Nigeria, (PENGASSAN), has implored President Bola Ahmed Tinubu to deploy more military personnel to the Niger Delta, to halt crude oil

April 7, 2024

Oil&Gas

NNPC Explains Fuel Queues In Lagos

Mohammed Shosanya The Nigerian National Petroleum Company Limited,says the tightness in Premium Motor Spirit (PMS) supply witnessed in some filling stations in Lagos was due to an issue in one of the

April 7, 2024

Oil&Gas

PETAN Promises Increased Support For Nigeria’s Oil,Gas Sector

Mohammed Shosanya The Petroleum Technology Association of Nigeria (PETAN) has promised to support the efforts of the Bola Tinubu administration toward increasing Nigeria’s oil and gas production for maximum value. The Chairman

April 5, 2024

Oil&Gas

Nigeria’s Gas Investment Policies Will Ignite Sustainable Energy Future, Says NGA

Mohammed Shosanya The Nigerian Gas Association (NGA),has commended the Federal Government for the recent gazetting of three pivotal policy directives, heralding a monumental leap towards unlocking investments in the oil and gas

April 5, 2024

Oil&Gas

Arukhe Seeks Govt Policies To Promote Local Content,Technology Transfer

Mohammed Shosanya James Arukhe, an oil and gas expert, has advocated the need for the federal government to deepen policies that will promote local content and technology transfer. He stated that those

April 4, 2024

Oil&Gas

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