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SHELL
Aradel Holdings Plc (’’Aradel’’), listed on the Nigerian Exchange Limited, is pleased to announce that the landmark acquisition of the entire (100%) equity holding in the Shell Petroleum Development Company of Nigeria (SPDC) by RenaissanceAfrica Energy Holdings (Renaissance) has been completed following the signing of a sale and purchase agreement with Shell in January 2024, and the subsequent receipt of all regulatory approvals required for the transaction.
Renaissance Africa Energy Holdings, a consortium of Nigerian and international energy firms, has completed the acquisition of the...
The House of Representatives has summoned 48 oil companies operating in Nigeria to appear before its Committee on Public Accounts, in a series of investigative hearings probing a combined debt of N9.4 trillion.
The Shell Petroleum Development Company of Nigeria (SPDC) has suspended crude oil flows into the 16-inch Nun River-Kolo...
The Shell Nigeria Exploration and Production Company Ltd. (SNEPCo) has expressed confidence that Nigeria can meet its oil production target of over 2.4 million barrels per day through deep water exploration.
Shell Nigeria on Tuesday, reported an oil spill from its facility in Ogale, close to Port Harcourt, following the overflow of a saver pit during flushing operations in the Niger Delta region.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has awarded 10 Gas Distribution Licences (GDLs) to six companies to increase gas utilisation and expansion in the country.
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has made a final investment decision (FID) on the Bonga North deep-water project, located off Nigeria's coast.
An oil spill occurred at a Shell loading terminal in the Niger Delta region last weekend, marking the second spill of crude oil at the company’s facility this year.
Nigerian Court gives Shell and Global Gas January 22 to ‘settle’ 2002 Gas Processing Agreement Terms
The Federal High Court has set January 22, 2025, for the Shell Petroleum Development Company of Nigeria Limited and Global Gas and Refining Limited to report on their out-of-court settlement efforts regarding the latter’s allegation that Shell failed to supply wet gas in accordance with the terms of their Gas Processing Agreement (GPA) dated March 15, 2002.
The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has addressed concerns about the potential exit of international oil companies (IOCs) such as Shell, ExxonMobil, and Eni, following ongoing divestment deals.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed the blockage of the $1.3 billion sale of Shell’s assets to Renaissance Group due to regulatory issues.