OZNI Energy LTD

13/03/2026

CS-1 Ologbo Gas pipe line project.

12/03/2026

12/03/2026

Crude Oil Quality & Refining 🛢

1. 🇺🇸 United States (WTI) – 39–41° API
• Light, sweet crude
• Very easy to refine, high gasoline & jet fuel yield.

2. 🇮🇷 Iran (Iran Light) – 33–36° API
• Medium-light crude
• Iran Light sits near the medium-light range that many refineries are designed for

3. 🇷🇺 Russia (Urals) – 30–32° API
• Medium sour crude
• Requires more processing.

4. 🇻🇪 Venezuela (Merey / Orinoco) – 15–16° API
• Heavy crude
• Thick, tar-like, complex refining needed.

📌 Lets now focus on Key Insights 🌍

• Higher API Gravity = Lighter Oil = Easier Refining = Bigger Profits

• Iranian crude sits between ultra-light US shale and heavy Venezuelan oil, making it highly compatible with many global refineries.

• Strait of Hormuz carries a large share of the medium-grade crude many refineries are designed to process.

• If Hormuz supply is disrupted, refineries must switch to heavier or ultra-light substitutes, reducing efficiency and profits.

• Quality of oil often drives global oil politics more than most people realize.

12/03/2026

PRESS RELEASE

NNPC Secures Presidential Approval for $20 Billion Final Investment Decision on Bonga Deepwater Project

His Excellency, President Bola Ahmed Tinubu GCFR, has approved a targeted fiscal incentive designed to unlock the long awaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project, marking a milestone in Nigeria’s ongoing drive to attract strategic investments and accelerate sustainable economic growth. The project is estimated to attract about $20 billion in Foreign Direct Investment and position Nigeria for a new era of deepwater production.

Read the full press release when you visit https://nnpcgroup.com/insights/press-release-nnpc-secures-presidential-approval-for-20-billion-final-investment-decision-on-bonga-deepwater-project

01/03/2026

Compressor maintenance

01/03/2026

Empowering teachers means investing in tomorrow’s leaders. And that is exactly what we have been championing with the Seplat JV Teachers’ Empowerment Programme (STEP). STEP provides educators with hands-on skills and essential tools, helping them create more dynamic and interactive classrooms.

Tomorrow in Benin City, we honour 623 of the next generation of teachers from Edo and Delta states in the STEP Graduation Ceremony. The future of education is looking brighter than ever.

Stay tuned for more updates.

01/03/2026

The 2026 NNPC/SEPLAT JV National Undergraduate Scholarship Programme is now open for applications.

Eligible students enrolled in accredited Federal and State Universities across Nigeria are encouraged to apply between now and March 13th, 2026.

Begin your application at: www.seplatgrowthacademy.com/scholarship

01/03/2026

01/03/2026

We are excited to announce that the Executive Assistant, Strategy & Sustainability, to our Company's Executive Vice President, Gas, Power & New Energy, Ghazali Ahmad, will be a speaker at the 2026 Nigeria International Energy Summit Workshop.

Join him as he leads the conversation on "Decarbonizing the African Barrel: ESG as a Competitive Edge."

Venue: Bola Ahmed Tinubu International Conference Centre, Abuja, Nigeria

Date: Thursday, 5th February 2026

Time: 12:20 PM WAT