Energia Limited Marks 25 Years of Growth in Nigeria’s Oil and Gas Sector
Indigenous energy firm, Energia Limited, has announced the commencement of activities to mark its 25th anniversary, highlighting a quarter-century of ...
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Tag: #OilAndGas
NNPC Warns Nigeria Risks Losing Energy Future as Skills Gap Widens
The Nigerian National Petroleum Company Limited (NNPC Ltd) has warned that Nigeria risks losing control of its energy future unless ...
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Tinubu’s Deep Offshore Tax Incentive Could Unlock $50bn Investment, Add 1m bpd, NUPRC Says
President Bola Tinubu’s new tax incentive for deep offshore oil and gas projects could unlock about $50 billion in investments ...
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EFCC Recovers N4.49bn Diesel in Alleged Theft Case Involving Ibafon Oil and Gas
The Economic and Financial Crimes Commission (EFCC) has recovered 2.3 million litres of Automotive Gas Oil, commonly known as diesel, ...
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Petrobras Detects Signs of Oil off Brazil’s Amazon Coast
Brazilian oil giant Petrobras has detected signs of hydrocarbons off the coast of the country’s Amazon region, potentially indicating the ...
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Senate Gives Seplat, Three Oil Firms 48 Hours to Answer NEITI Audit Queries
The Senate Public Accounts Committee (PAC) has given Seplat Energy, Network E&P Nigeria Limited and two other oil companies a ...
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Aradel, Seplat Pay N1.13tn in Taxes as H1 2026 Pre-Tax Profit Hits N1.54tn
Aradel Holdings and Seplat Energy generated a combined pre-tax profit of N1.54 trillion in the first half of 2026. However, ...
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Oando Cuts H1 Pre-Tax Loss by 77% as Q2 Returns to Profit Despite Finance Cost Pressure
Oando Plc has released its unaudited financial results for the first half of 2026, reporting a pre-tax loss of N32.84 ...
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NNPCL Records N535bn June Profit as Revenue Hits N4.39tn
The Nigerian National Petroleum Company Limited (NNPCL) recorded a profit after tax (PAT) of N535 billion in June 2026, representing ...
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Seplat Energy Agrees $281.6 Million Sale of 10% Stake in NNPC Joint Venture Assets
Seplat Energy Plc has signed a legally binding agreement to sell a 10 per cent working interest in its joint ...
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