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NNPC Limited is the only entity licensed to operate in the country's petroleum industry. It partners with foreign oil companies to explore Nigeria's fossil fuel resources. The NNPC, with an asset of $153B (USD), is the largest national oil company in Africa.
In October 2024, the Nigerian National Petroleum Company Limited (NNPC) ended its exclusive purchase agreement with Dangote Refinery, [25] allowing other marketers to buy petrol directly from the refinery. The NNPC had been buying petrol from Dangote Refiner at ₦898.78 per litre and selling to marketers at ₦765.99 per litre, shouldering a ...
Nigeria LNG Limited is jointly owned in the following proportions: Nigerian National Petroleum Corporation (NNPC) owns 49%, Shell Gas B.V. owns 25.6%, Total LNG Nigeria Ltd owns 15% and Eni International owns 10.4%. [1] Nigeria LNG Limited operates six liquefaction units (LNG trains) producing 22 million tonnes per year of LNG. [3]
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Every investor in Infigen Energy Limited (ASX:IFN) should be aware of the most powerful shareholder groups. Large companies usually have institutions as shareholders, and we usually see insiders ...
Jensen Huang owns a lot of Nvidia stock, but who owns the second most?
Seplat was formed as Seplat Petroleum Development Company in June 2009 through the partnership of Shebah Petroleum Development Company Limited and Platform Petroleum Joint Ventures Limited to specifically pursue upstream oil and gas opportunities in Nigeria, and in particular divestment opportunities arising out of the incumbent Major IOC's portfolios.
The big shareholder groups in Pioneer Distilleries Limited (NSE:PIONDIST) have power over the company. Institutions often own shares in more established companies, while it's not unusual to see ...