Heirs Energies, Renaissance Africa collaborate to drive Nigeria’s oil and gas devt
Heirs Energies Limited and Renaissance Africa Energy Company have expressed mutual commitment to strategic collaboration following a high-level courtesy visit by Osa Igiehon, CEO of Heirs Energies, to Renaissance's leadership team, led by the Managing Director, Tony Attah.
NEITI seeks support for contract transparency
The Nigeria Extractive Industries Transparency Initiative (NEITI) has called on the National Assembly to ensure that contract transparency is clearly embedded as a key provision in the Petroleum Industry Bill (PIB).
NSE, Renaissance Capital partner on E & P training
Renaissance Capital, an emerging markets investment bank has partnered with The Nigerian Stock Exchange (NSE) for a one-day Institutional Investors’ Clinic in Lagos to update investors, regulators and operators in the oil and gas sector especially the Exploration and Production aspect.
NIMASA to allow LNG exports after $475 mln loss
Nigerian Maritime Administration and Safety Agency that has blockaded liquefied natural gas exports for three weeks, costing $475 million in revenue, agreed Friday to end its action after resolving a fees dispute, the company said.
Nigeria second to Russia in global gas flaring
Nigeria, the highest producer of gas in Africa, loses about $1.789 billion or N286.24 billion to gas flaring annually. Mr. George Osahon, Director, Department of Petroleum Resource, DPR, has said.
Nigeria loses over N735m daily to gas flaring – official
The Department of Petroleum Resources (DPR) says Nigeria is losing over 4.9 million dollars (more than N735 million) daily to gas flaring.
