Nigerian Upstream Petroleum Regulatory Commission Confirms Divestment of 26 Oil Blocks Holding 8.211m Barrels Reserves

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  • Post last modified:May 9, 2024

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that International Oil Companies (IOCs) plan to divest 26 oil blocks containing 8.211 million barrels of oil reserves to indigenous companies.…

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RENAISSANCE AFRICA ENERGY TO ACQUIRE SHELL PETROLEUM DEVELOPMENT COMPANY OF NIGERIA LIMITED

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  • Post last modified:January 19, 2024

Renaissance Africa Energy has recently confirmed the signing of a landmark transaction with Shell PLC to acquire its entire shareholding in the Shell Petroleum Development Company of Nigeria Limited (SPDC). The…

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Aliko Dangote has reacted to allegations that NNPC refused to supply crude oil to the Dangote Refinery

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  • Post last modified:September 22, 2023

Aliko Dangote, the President of the Dangote Group, has responded to reports suggesting that the Nigerian National Petroleum Company Limited (NNPC) declined to provide crude oil to Dangote's new refinery.…

Continue ReadingAliko Dangote has reacted to allegations that NNPC refused to supply crude oil to the Dangote Refinery