Oil & Gas

Seplat Energy is aware of certain media publications that the Federal High Court, per Hon. Justice I. E. Ekwo, sitting in Abuja in suit number FHC/ABJ/CS/626/2023 – Juliet Gbaka & 2 others v. Seplat Energy Plc & 13 others granted ex parte Interim Orders against Seplat Energy and some of its Officers. The Interim Orders, […]

… As energy company recommits to corporate governance, best practice Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE) has held its 10th Annual General Meeting (AGM) virtually with shareholders, regulators, company directors, and the media, amongst other stakeholders joining virtually.

Nigerian Gas Association inaugurates new Executive Council   The Nigerian Gas Association, NGA, the apex organisation, representing the varied and numerous stakeholders in the gas sector within the Nigerian oil and gas industry, has inaugurated its Executive Council for 2022-2024. The new council members were formally inaugurated at the NGA Dinner & Awards Night on

Infini Power Ltd., NCDMB, GACN sign PPA to supply power to NOGaPS A member of Tetracore Energy Group; Infini Power Limited “IPL” in collaboration with the Nigerian Content Development and Monitoring Board “NCDMB” and the Gas Aggregation Company of Nigeria “GACN”, have signed a Power Purchase Agreement (PPA). The PPA is targeted at supplying Independent

OIL DEAL: Iraq, Kurdistan close to exporting more than 400,000 bpd By Eyo Nsima The government of Iraq and Kurdistan are close to exporting more than 400,000 barrels per day, bpd in the coming months. Iraq’s oil minister, Hayyan Abdul Ghani, who confirmed the development, said: “Regarding the agreement with the Region, we have reached

BREAKING: Oil prices fall to $73.07 per barrel despite dropping inventory By Eyo Nsima The prices of crudes have fallen by 2.56 per cent to $73.07, from about $75 per barrel recorded last week in the global oil market. The new prices, currently below the 2023 budget benchmarks of some producing and exporting countries, are

Oil: Nigeria, Libya, Algeria, Angola and Egypt to produce more than 80% of Africa’s output in 2023 —- AEC By Eyo Nsima Top five producers – Nigeria, Libya, Algeria, Angola and Egypt – would produce more than 80 per cent of Africa’s 2023 output, according to African Energy Chamber, AEC. In its first quarter 2023