Seplat Energy Plc Posts N52.5bn Profit, Declares $9 Cents Dividend Amid Mixed Q1 Performance
Seplat Energy Plc has reported a post-tax profit of N52.5 billion for the first quarter of 2026, up from N35.3 ...
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Tag: #OilAndGas
NUPRC Board Resumes Duties, Targets Stronger Oversight Amid Oil Market Volatility
The newly inaugurated board of the Nigerian Upstream Petroleum Regulatory Commission. (NUPRC) has formally resumed duties, pledging to strengthen regulatory ...
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Afreximbank Backs Three New Refineries in Nigeria to Cut Fuel Imports
The African Export-Import Bank (Afreximbank) has announced plans to finance three additional refineries in Nigeria, in a move aimed at ...
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Dangote Unveils Plan for 650,000bpd Refinery in East Africa
Africa’s richest man, Aliko Dangote, has unveiled plans to build a new 650,000 barrels-per-day refinery in East Africa, signalling an ...
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Dangote Group Records First Oil from Upstream Assets, Targets Higher Output
The Dangote Group has recorded its first oil from upstream assets and is aiming to begin pumping marketable crude in ...
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NNPC Crude Shipments to Dangote Refinery Hit 6.8 Million Barrels in April
Crude oil supply from the Nigerian National Petroleum Company Limited’s trading arm surged in April 2026, with shipment records showing ...
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Dangote Plans 10% Listing of Refinery Across African Stock Exchanges
Aliko Dangote has announced plans to list about 10% of his oil refining company on multiple African stock exchanges as ...
Read moreNUPRC Unveils Tech-Driven Reforms to Boost Oil Production, Attract Investors
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, has unveiled a sweeping reform agenda aimed ...
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NUPRC Reforms Unlock Over $10bn in Upstream Oil and Gas Investments
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says recent reforms in Nigeria’s oil and gas sector have unlocked more than ...
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Dangote Petroleum Refinery Boosts Fuel Exports to Africa Amid Supply Disruptions
Dangote Petroleum Refinery has increased exports of gasoline and urea fertiliser to several African countries facing supply shortages triggered by ...
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