Oil&Gas - Page 66

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

FG Moves To Repatriate Proceeds From Oil,Gas

Mohammed Shosanya The Federal government has initiated moves for the repatriation of all proceeds on export of oil and gas products in a bid to increase the inflow of foreign exchange in

December 18, 2023

Oil&Gas

New Executive Secretary Of NCDMB Urges Staff To Upscale Performance

Mohammed Shosanya The new Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has assumed office and held his first official meeting with the Directors and

December 15, 2023

Oil&Gas

European Union’s Carbon Border Tax Will Frustrate Africa’s Industrialization -AfDB

Mohammed Shosanya The President of the African Development Bank Group Dr Akinwumi Adesina,has warned that the introduction of a carbon border tax by the European Union could push Africa back into exporting

December 15, 2023

Oil&Gas

NNPCL Remits N4.5trn Revenue

Mohammed Shosanya The Nigerian National Petroleum Company Limited (NNPCL), diclosed it has remitted N4.5trillion generated revenue between January to October this year into Federation Account. The company also disclosed that indices and

December 14, 2023

Oil&Gas

Nigeria’s Crude Oil Production, Price Benchmark For 2024 Budget Realistic, Says NNPC

Mohammed Shosanya The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that the projections on crude oil production and price benchmark for the 2024 Budget were realistic and realizable. The Group

December 14, 2023

Oil&Gas

Shell Nigeria Gas Gives Solutions To Gas Supply Hitches

Mohammed Shosanya Managing Director of Shell Nigeria Gas Limited (SNG), Mr. Ralph Gbobo, has assured manufacturers of the company’s resolve to continue to collaborate with industry stakeholders and government to find lasting

December 12, 2023

Oil&Gas

NNPCL Detects 4,800 Illegal Connections On Oil Pipelines

Mohammed Shosanya The Nigerian National Petroleum Company ( NNPCL) has disclosed that there are 4, 800 illegal connections on over 5,000 kilometres of oil pipelines across the country. The company also said

December 9, 2023

Oil&Gas

Stakeholders Seek Accelerated Transition To Green Energy In Africa

Stakeholders in the Africa’s energy space has advocated urgent need to accelerate the transition from fossil fuel to green energy in the continent. They reasoned that all products from oil must be

December 9, 2023

Oil&Gas

Global Decarbonizing Plan Will Fail Without Solving Africa’s Clean Cooking Problem-Birol

Mohammed Shosanya Without solving the problem of clean cooking in Africa, the global plan of decarbonising would not be meaningful,the Executive Director of the International Energy Agency (IEA) Fatih Birol,has said. He

December 8, 2023

Oil&Gas

SPDC Pays NDDC $59.04m

Mohammed Shosanya The Shell Petroleum Development Company of Nigeria Limited (SPDC) paid a total of N$59.04million in 2022 to the Niger Delta Development Commission in compliance with statutory requirements. The company disclosed

December 8, 2023

Oil&Gas

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