The House of Reps has revealed the recovery of N28.7 billion from two oil firms owed to the Federation Account, saying about ...

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

Shell Petroleum Development Company of Nigeria Limited, SPDC, has been renamed to Renaissance Africa Energy Company Limited after 46 years of operation in Nigeria. The development comes after ...

Shell has wrapped up the $2.4 billion sale of its main Nigerian onshore business to a consortium of largely indigenous ...

Shell completed the divestment of its Niger Delta subsidiary to a Nigerian consortium, in a $1.3 billion transaction previously held back by regulators.

Ethnic groups threaten Nigeria’s oil facilities amid the Rivers State feud between Governor Sim Fubara and his predecessor ...

The recent acquisition of Shell's onshore assets in Nigeria by Renaissance Africa Energy Company has sent ripples through the ...

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

Renaissance Africa Energy Holdings announced that it has successfully completed the acquisition of the entire equity holding ...

Aradel Holdings Plc (’’Aradel’’), listed on the Nigerian Exchange Limited, is pleased to announce that the landmark ...

London-based oil and gas company, Shell Plc, has completed the sale of the Shell Petroleum Development Company of Nigeria Ltd ...