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Jennete Ugo Anya
- March 17, 2025
Shell Nigeria Rebrands As Renaissance Africa Energy
Shell Petroleum Development Company of Nigeria Limited (SPDC) has officially changed its name to Renaissance Africa Energy Company Limited following its acquisition by Renaissance, a consortium of Nigerian oil firms. The $2.4 billion deal marks the end of Shell’s 46-year operation in Nigeria under its former identity. A spokesperson for the company, Mr. Tony Okonedo, […]
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- March 17, 2025
Renaissance Africa Acquires Shell’s SPDC
Nigeria’s energy sector has witnessed a major shift following the completion of Shell Petroleum Development Company of Nigeria’s (SPDC) acquisition by Renaissance Africa Energy Holdings (Renaissance). Aradel Holdings Plc, a publicly listed company on the Nigerian Exchange Limited (NGX), confirmed the finalisation of the deal, which follows a sale and purchase agreement signed with Shell […]
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