Oil & Gas Industry

Kayode Olatunbosun, CFA, FCCA Appointed CFO of Midwestern Oil & Gas Company Limited

Kayode Olatunbosun, CFA, FCCA Appointed CFO of Midwestern Oil & Gas Company Limited

Midwestern Oil & Gas Company Limited, has announced the appointment of Kayode Olatunbosun, CFA, FCCA, as its Chief Financial Officer… Read More

5 months ago

NCDMB Launches Probe into Sterling Oil (SEEPCO) for Expatriate Quota Breaches and Anti-Labor Practices

The Nigerian Content Development and Monitoring Board (NCDMB) has launched an investigation into Sterling Oil Exploration and Energy Production Company… Read More

5 months ago

Seplat Energy Moves to Raise $650 Million Through Bond Offering

Seplat Energy Plc, one of Nigeria’s leading indigenous energy companies, has announced the pricing of a new bond, known as… Read More

5 months ago

Dangote Refinery Slashes Petrol Prices at Loading gantry to N815/Litre Amid ongoing Oil Price War

Dangote Petroleum Refinery quietly reduced the loading cost of its petrol from N825 per litre to N815 per litre. This… Read More

5 months ago

Aradel Holdings Completes Landmark Shell Nigeria Buyout in Local Energy Push

In a watershed moment for Nigeria’s energy sector, Aradel Holdings Plc has announced the completion of a transformative acquisition of… Read More

5 months ago

Seplat CEO Roger Brown Increases Stake with £84,895 Share Purchase

Roger Brown, Chief Executive Officer of Seplat Energy Plc, has acquired 50,000 ordinary shares in the company, reinforcing his stake… Read More

5 months ago

The Real Reason Why Dangote is Cutting Petrol Price- Market Dominance ?

Dangote’s refinery has ignited a price war in Nigeria’s downstream oil industry, forcing oil marketers to compete aggressively for price-sensitive… Read More

5 months ago

Eterna Plc forecasts ₦748m Q2 profit as revenue hits ₦28.7bn

Eterna Plc expects to post a net profit of ₦748 million in the second quarter of 2025, according to its… Read More

5 months ago

NNPC Suspends Naira-for-Crude Deal: Implications for Local Refineries and the Naira’s stability

The Nigerian National Petroleum Company (NNPC) Limited has terminated its naira-for-crude oil swap arrangement with domestic refineries, a decision that… Read More

5 months ago

Geregu Power Plc Projects Strong Q2 2025 Earnings Amid Strategic Initiatives

Geregu Power Plc (GPP) has released its earnings forecast for the second quarter of 2025, anticipating robust financial performance driven… Read More

5 months ago