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Oil & Gas

SEPLAT records $28 million profit before tax

Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has announced its announces its unaudited results for the three months ended 31 March 2021, recording a rise in revenue by …

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NPDC Eyes 600mmscf/d of Gas Supply to Domestic Gas Market

The Nigerian Petroleum Development Company (NPDC), an Exploration and Production subsidiary of the Nigerian National Petroleum Corporation (NNPC), is looking at boosting its gas supply to the domestic market by 600million standard cubic feet per day (mmscf/d) in the next three to five years. The Managing Director of NPDC, Engr. …

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Ministry of Petroleum Releases Annual Report

The seventh Petroleum Report issued by the Ministry of Petroleum, Republic of South Sudan provides an overview of world oil markets and fundamentals, price forecasts, oilfield reserves, and the ministry’s marketing performance. It forms part of continued efforts by Hon. Eng. Awow Daniel Chuang, the Minister of Petroleum, to promote …

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