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CRUDE OIL AND GAS
The Nigerian National Petroleum Company Limited (NNPC Ltd.) recorded N7.10 trillion in sundry income in 2025, an amount equivalent to about 99% of the N7.18 trillion net profit reported by the state-owned energy company for the year.
Eunisell Interlinked Plc has released its financial statements for the year ended June 30, 2026, growing revenue to N1.84 billion.
TotalEnergies SE, the global energy group, plans to increase its dividend by more than 5% annually through 2030 as it targets higher energy production and free cash flow over the period.
TotalEnergies (40%, operator), together with its partner AMNI (60%), have taken the Final Investment Decision (FID) for the...
Seplat Energy Plc shares have climbed to an all-time high of N16,000 per share on the Nigerian Exchange Limited (NGX), extending a sharp rally that has seen the stock surge by 175.44% year-to-date.
NIPCO Group plans to develop a Floating Liquefied Natural Gas (FLNG) project estimated at more than $3 billion to boost gas monetisation and supply in Nigeria.
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has ordered its members to halt gas supply to the Dangote Petroleum Refinery amid a dispute over workers’ union rights. The directive was issued in a circular dated September 26, 2025, and signed by General Secretary Comrade Lumumba Ighotemu Okugbawa, instructing members in major […]
The International Energy Agency (IEA) said oil and gas are still highly relevant energy sources globally