Shell Petroleum Development Company (SPDC) has completed its $2.4 billion asset sale to the Renaissance Group, exiting ...

Renaissance Africa finalises a $2.4B acquisition of Shell Nigeria, marking a new era in Nigeria's energy sector.

Renaissance Africa Energy Holdings has announced the successful completion of its landmark acquisition of Shell Petroleum ...

The Nigerian National Petroleum Company Limited (NNPCL) said yesterday that about $17 billion worth of foreign investment came ...

The metre installation is to ensure accountability in oil production. A total of 905, 000 barrels per day of big projects are currently witnessing delays across the country, signalling a projected ...

The menace, again, came to the fore few days ago during the picketing of Sterling Oil Exploration and Energy Company Ltd by ...

Seplat Energy plans to invest up to $320 million in new wells and infrastructure this year, aiming to more than double its oil output to as much as 140,000 barrels per day following its acquisition of ...

The Trump administration has backed Nigeria’s fossil fuel development, denouncing Western energy policies as “nonsensical” and “colonial.” ...

The company secured government consent last October to acquire 40% of four oil mining leases and associated infrastructure ...

The Federal Government has commended an indigenous oil and gas firm, Seplat Energy Producing Nigeria Unlimited (SEPNU), for its job creation and technology transfer initiatives for the benefit of ...

Seplat completed the $800m cash purchase of ExxonMobil assets in Nigeria in December, which added 71,400 barrels of ...

China's oil imports from Africa may have dropped sharply in recent years, but investments by Chinese companies in liquefied natural gas (LNG) are booming. Nearly two decades ago, African oil accounted ...