Oil and Gas

Nigeria receives $500m gas value chain investments, 12 months after Network Code

The introduction of the Nigerian Gas Transportation Network Code (NGTNC) by Nigeria’s federal government a year ago to guide open-access…

NNPC scraps COO roles in new management structure to drive profitability

By Onome Amuge Nigeria's state-owned national oil company, the Nigerian National Petroleum Corporation (NNPC), has done a make over of…

NNPC sees 4-months of steady growth in trading surplus to N128.28bn in 2021

By Phillip Isakpa, in Lagos & Ben Eguzozie, in Port Harcourt January = N9.62bn; February = N39.85bn March = N35.24bn;…

NNPC ramps up March petroleum product sales to N234.63bn from N188bn

  White products yearly sales generated N2.129trn, with petrol accounting for N2.113trn Gas flare rate went up 9.50%, as Nigeria…

Seplat Energy’s H1 2021 profit before deferred tax grows 142.7% to $62.1m

  Declares interim dividend of 2.5 cents per share Results released to NGX, LSE   Seplat Energy Plc (formerly Seplat…

Seplat kicks off capital market day in Lagos, London with name change

Seplat Petroleum Development Company was hosted by the Nigerian Exchange Group (NGX) to a digital closing gong ceremony as part…