TotalEnergies hands OLO Trust to Aradel
TotalEnergies has officially transferred the OLO Oilfield Host Community Development Trust to Aradel Holdings, marking a significant step in the implementation of the Petroleum Industry Act in Nigeria.
NUPRC supervises oilfield community fund transfer
The Nigerian Upstream Petroleum Regulatory Commission has overseen the transfer of the OLO Oilfield Host Community Development Trust from TotalEnergies to Aradel Holdings, aimed at ensuring continued support for host communities under new operational management.
NOGIG 2026: Teams get wins in table tennis, volleyball
The Nigeria Oil and Gas Industry Games 2026 kicked off with NNPC and TotalEnergies winning in volleyball, while Aradel and NLNG triumphed in table tennis.
Dangote Cement, Aradel buying lifts NGX by N1.4tn
Buying interest in several companies boosted the Nigerian Exchange Limited's market performance significantly.
Aradelβs profit climbs 55% amid associate earnings growth
Aradel Holdings Plc reported a 55% increase in profit after tax to N401.2bn in its 2025 results, fueled by a 523% rise in earnings from associate companies due to significant merger and acquisition activity.