Oil & Gas Industry

Aradel Holdings Plc Doubles Revenue in Q1 2025, Reports ₦34.2 Billion Profit After Tax

Aradel Holdings Plc Doubles Revenue in Q1 2025, Reports ₦34.2 Billion Profit After Tax

Aradel Holdings Plc, Nigeria’s leading integrated indigenous energy company, has announced a strong start to 2025, reporting unaudited first quarter… Read More

3 months ago

Bello Rabiu and Babs Omotowa Resign from Seplat Energy Board Following NNPC Appointments

Seplat Energy Plc has announced the immediate resignation of two key members of its Board of Directors, Mr. Bello Rabiu… Read More

3 months ago

Seplat Energy Declares US4.6 Cents Interim Dividend for Q1 2025

Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock… Read More

3 months ago

Indonesia Awards Five Oil And Gas Blocks to Boosts Energy Security Amid Declining Oil Output

Indonesia has awarded five oil and gas blocks to international consortiums in a strategic effort to strengthen its energy security… Read More

4 months ago

Dangote Refinery Slashes Petrol Prices to N835 per litre: Look at New Rates at Partner Outlets

Dangote Petroleum Refinery has declared a substantial reduction in the price of Premium Motor Spirit (PMS), widely known as petrol,… Read More

4 months ago

Dangote Refinery Slashes Petrol Price to ₦835/Litre – Third Reduction in Six Weeks

The Dangote refinery has once again reduced the price of Premium Motor Spirit (PMS), commonly known as petrol, now offering… Read More

4 months ago

Oil Prices Surge Amid U.S.–Iran Nuclear Talks and OPEC Supply Shifts

Crude oil prices climbed on Tuesday, with Brent crude up 0.57% to $64.92 per barrel and West Texas Intermediate (WTI)… Read More

4 months ago

Nigeria’s Walcot Group Secures Three Oil Blocks in Angola via Production Sharing Contract

In a pivotal move for Africa’s oil and gas sector, Nigeria-based Walcot Group has clinched a production sharing contract (PSC)… Read More

4 months ago

Crude Oil Prices Rise as China Boosts Imports Amid Uncertainty Over US Tariffs

Oil prices surged in the global market, due to a sharp rebound in China’s oil imports and persistent uncertainty over… Read More

4 months ago

NUPRC and NNPC Spearhead Energy Growth with 2024 Bid Success and Sustainability Focus

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that 10 oil block awardees from the 2024 bid round have… Read More

4 months ago