Seplat paid $564.17m to Nigerian govt in 2020
Seplat Petroleum Development Company Plc announced on Monday that it paid a total of $564,165,102 to the Nigerian government last
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Energy
Ardova posts 47.45% drop in annual profit
Ardova Plc, formerly Forte Oil Plc, has reported a 47.45 percent drop in its profit after tax for the 2020
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Seplat posts $85.3m annual loss amid ‘lowest oil prices’
Seplat Petroleum Development Company Plc has reported a loss of $85.3 million for the 2020 financial year, compared to a
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No petrol price hike in March, says NNPC
Against the backdrop of speculations of an imminent increase in the price of Premium Motor Spirit (petrol) in the country,
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Royalty payments to FG rose 153% in 10 years – Seplat
Seplat Petroleum Development Company Plc, a Nigerian independent oil and gas company, has said its royalty payments to the Federal
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Ailing refineries cost Nigeria over $13bn in one year – MOMAN chair
The Chairman, Major Oil Marketers Association of Nigeria, Mr Adetunji Oyebanji, has said non-functional refineries cost Nigeria over $13 billion
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Nigeria losing 200,000 barrels of oil daily, says NNPC
Nigeria, Africa’s biggest oil producer, is losing an average of 200,000 barrels of crude oil daily. The Group Managing Director
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FG committed to reviving dormant oil facilities, says Auwalu
The Department of Petroleum Resources has said the Federal Government is committed to reactivating moribund oil and gas support facilities
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Nigerian Breweries completes 650kW solar plant, eyes hydropower
Nigerian Breweries Plc has announced the completion of the installation of a 650kW solar power plant in its Ibadan Brewery.
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NNPC rules out petrol price hike this month
The Nigerian National Petroleum Corporation has ruled out any increment in the ex-depot price of Premium Motor Spirit (petrol) this
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