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Renaissance targets 500,000bpd oil output

– Expands Rivers healthcare investment Mkpoikana Udoma Port Harcourt — Renaissance Africa Energy Company Limited, operator of the NNPC/Renaissance /TotalEnergies/AENR Joint Venture, has unveiled plans to increase crude oil production to 500,000 barrels per day […]
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Nigeria pushes hard for zero gas flaring by 2030

*Oritsemeyiwa Eyesan. Goli Innocent Lagos — Nigeria has renewed its push to end gas flaring completely by 2030, with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) insisting that stronger enforcement, investment in gas infrastructure, and […]
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Nigeria lost $1.5trn to gas flaring in 2025

*Ongoing gas flaring from SPDC facility in Gbarantoru, Yenagoa, Bayelsa State capital. Michael Eboh Dublin, Ireland — Nigeria lost $1.1 billion, an equivalent of N1.493 trillion in its local currency, to gas flaring in 2025, […]