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.…

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Africa’s Deepwater Regions Set to Spearhead Global Expenditure at an Annual Investment of $22 Billion

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  • Post last modified:August 18, 2023

According to a recent report by Wood Mackenzie, spending on oil and gas exploration is expected to rebound from historical lows, averaging around $22 billion annually over the next five…

Continue ReadingAfrica’s Deepwater Regions Set to Spearhead Global Expenditure at an Annual Investment of $22 Billion