Leading Nigerian independent energy company, Seplat Energy Plc, listed on both the Nigerian Exchange Limited and the London Stock Exchange, has within a year experienced a 10.2 per cent gas revenue, reaching $63.7 million in 6M 2023 (compared to $57.8 million in 6M 2022). This growth is attributed to increased realised gas prices and a […]
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Driven by strong fundamentals, the stock price of Transnational Corporation Plc has gained 264.34per cent in its Year-till-Date growth on the trading floor of the Nigerian Exchange Limited (NGX). The conglomerate in charge of President and Group CEO, Dr. Owen Omogiafo saw its stock price closed yesterday at N4.23 per share from N1.13 per share […]
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Transnational Corporation Plc, Nigeria’s largest listed conglomerate with investments in the Power, Hospitality, and Energy sectors has emerged winner of the Sectorial Leadership Award – Conglomerates and the Highest Dividend Cover Award at the Pearl Awards, which recently took place in Lagos. Transcorp was awarded in recognition of outstanding operational and stock market performance in […]
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Dangote Industries Limited, Nigeria’s diversified and fully integrated conglomerate, with interests spaning a range of sectors in Nigeria and across Africa, has dismissed the news that it plans to inaugurates its multi-purpose petroleum refinery located in Lagos, on the 24th January, 2023. The management of the conglomerate dismissed the planned inauguration of the refinery, describbing […]
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The Board of Seplat Energy Plc has named Mr. Samson (Sam) Chibogwu Ezugworie its board as the new Chief Operating Officer and Executive Director, effective 1st July 2022. According to the company, Ezugworie comes with over 30 years extensive industry experience, spending the last 25 years was with Royal Dutch Shell in Nigeria and Overseas. […]
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The coming on stream of the 650,000 barrels-per-day Dangote Petroleum Refinery will guarantee availability of high quality environmentally compliant products in Nigeria, regional markets in West Africa, Southern Africa and inter-continental markets. The President/CE of Dangote Group, Aliko Dangote made this disclosure on Tuesday at the Nigerian Content Midstream – Downstream Oil and Gas Summit 2022, which held […]
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As the nations of the world initiate transition from fossil fuel to renewable energy to mitigate the current global energy crises, Nigerians have been told to embrace the alternative source of energy that is sustainable Lagos State Commissioner for Health, Prof. Akin Abayomi who made the call also challenged the churches in Nigeria to use […]
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Heirs Oil & Gas, Africa’s integrated energy company has reaffirmed its commitment to both national and global environmental, sustainability and governance (ESG) best practices in view of its upcoming operational 1-year anniversary. An important aspect of this commitment is the elimination of routine flaring from HHOGs OML 17 by 2025, in compliance with the Nigerian Government’s routine Flare […]
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Heirs Oil & Gas (HHOG), Africa’s integrated energy company has been awarded the ‘Africa deal of the year 2021’by Project Finance International (PFI), following the $1.1 billion financing and acquisition of 45% stake in OML 17 in 2021. The award ceremony which took place on Monday, May 9 2022 in London was a gathering […]
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The Society of Petroleum Engineers, and the Nigerian Content Development and Monitoring Board have commended Dangote Petroleum Refinery for its application of world-class technology in the construction of the 650,000BPD refinery project. This was contained in a statement issued by the Internal Communications Analyst, Branding and Communications of Dangote Industries Ltd., Roseline Okere, in Lagos […]
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President of the African Development Bank (AfDB), Akinwumi Adesina has described Dangote Refinery and Fertiliser projects as the best industrialised project to happen to Africa. He said these projects, which are far beyond the expectation of his team and himself, would positively affect the economic growth and development of not only Nigeria but Africa as […]
Read More The National President of Nigeria Society of Chemical Engineers (NSCh) has revealed that Dangote Oil Refining Company will be the highest employer of chemical engineers in the country when the refinery comes on stream. The Society’s National President, Engr. Saidu A. Muhammed, disclosed this during the NSCh’s visit/tour of the Dangote Refinery and Petrochemical project […]
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