Oil&Gas - Page 73

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

NNPCL Rakes In N2.5trn

Mohammed Shosanya The Nigerian National Petroleum Company Ltd (NNPCL) has recorded its highest ever profit since its creation The national oil firm disclosed that it made a profit of N2.5trn in 2022,

January 11, 2024

Oil&Gas

PH Refinery Pipeline Rupture Causes Spill,As Group Seeks Compensation

Mohammed Shosanya An oil pipeline supplying crude oil to the Port Harcourt refinery has ruptured in K-Dere Community, Gokana Local Government Area, causing a massive oil spillage and environmental devastation in the

January 9, 2024

Oil&Gas

No Plan To Hike Fuel Prices, Says NNPC Ltd

Mohammed Shosanya The Nigerian National Petroleum Company (NNPC) Ltd. assures the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol. The company

January 3, 2024

Oil&Gas

Seplat Energy Announces ANOH Gas Plant Mechanical Completion

Mohammed Shosanya Seplat Energy Plc,has announced announce that the ANOH gas plant installation works reached mechanical completion on 29th December 2023, in line with the revised timetable. The milestone has been achieved

January 3, 2024

Oil&Gas

I’ll Facilitate Return Of Atala Oilfield To Balyesa-Lokpobiri

Mohammed Shosanya The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said there is still hope that the revoked licence for OML 46 (also known as Atala Oilfield), belonging to

January 3, 2024

Oil&Gas

NUPRC Releases Regulatory Action Plan For 2024

Mohammed Shosanya The Nigerian Upstream Petroleum Regulatory Commission has rolled out its action plan for 2024 and near term 2024 to 2026. The plan highlights in broad terms the regulatory approach and

January 2, 2024

Oil&Gas

Report: Nigeria Loses ₦290bn As Oil Output Shrinks Last Month

Mohammed Shosanya Nigeria’s oil output for the month of November dropped to 37,508,971 barrels last month indicating a 10% decrease as the output dropped by 4,358,804 million barrels when compared with production

December 27, 2023

Oil&Gas

Nigeria’s Aiteo Acquires Strategic Stake In Mozambique’s Largest Onshore Gas Reserve

Mohammed Shosanya Aiteo, Africa’s leading independent oil producer, has broadened its global energy holdings by securing a substantial stake in Mozambique’s Mazenga gas block, the continent’s largest onshore gas reserve. The acquisition

December 27, 2023

Oil&Gas

Gas Will Spur Nigeria’s Industrialization,Says Kyari

Mohammed Shosanya The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Ltd., Mr. Mele Kyari,says the company will utilise Nigeria’s abundant gas resources to revolutionize the nation’s power and

December 20, 2023

Oil&Gas

NNPC Ltd, TotalEnergies Ink Pact On Embrace Of Methane Detection Technology

Mohammed Shosanya The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) with TotalEnergies for the adoption and deployment of a methane detection technology known as Airborne

December 19, 2023

Oil&Gas

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