London, Jan 19, 2026, 11:35 GMT — Regular session
- Seplat Energy’s stock climbed roughly 3% in London, hitting a new 52-week peak
- Company reports that projects aimed at ending routine gas flaring wrapped up in 2025 and are currently in the commissioning phase
- Traders are sizing up oil-price swings alongside tariff news as Seplat gears up for its next earnings report
Shares of Seplat Energy (SEPL.L) climbed 3.1% to 336 pence on Monday, marking a 52-week peak in London trading. The Nigerian producer highlighted advancements in projects designed to eliminate routine gas flaring.
The move stood out amid a sluggish market. The FTSE 100 slipped 0.6% by mid-morning after U.S. President Donald Trump threatened tariffs on Britain and several European countries, rattling investors and sparking a shift toward safer assets.
Seplat confirmed all projects aimed at ending routine gas flaring were completed in 2025 and have now moved into the commissioning phase — the final round of testing before full-scale operation. Routine flaring refers to burning off gas produced alongside oil, rather than capturing or selling it.
Chief executive Roger Brown said the company expects to declare an end to routine flaring in its onshore operations shortly. “Very soon, we will be able to clearly state that routine flaring has ended,” he told Arise TV. https://www.arise.tv/seplat-completes-projects-to-end-routine-gas-flaring-in-2025/
Oil prices caught attention among energy stocks, with Brent slipping about 1% to $63.48 a barrel by 0912 GMT, according to Reuters. John Evans, an analyst at PVM Oil Associates, pointed to “the overriding sentiment of caution” driven by fears of a broader trade war and its potential hit to oil demand. https://www.reuters.com/business/energy/oil-prices-steady-ebbing-iranian-protests-lower-chance-us-attack-2026-01-19/
In London, major oil stocks showed a mixed to weaker tone. BP slipped 0.2%, weighed down by delayed data. Seplat, on the other hand, edged higher. https://www.lse.co.uk/SharePrice.html?share=BP&shareprice=BP.
Smaller explorers didn’t share the rally. Tullow Oil slipped 1.2% during the session, highlighting how individual stock moves are steering prices even within one sector.
Seplat, the Nigerian oil and gas producer listed on both the London and Lagos exchanges, has been ramping up its focus on gas and cleaner operations. The move comes as investors and regulators increasingly prioritize emissions and compliance.
However, the flare-out project must still pass commissioning and prove reliable in operation. Any delays, disruptions in the Niger Delta, or a sudden plunge in crude prices could shift focus back to volumes and cash flow instead of emissions goals.
Investors are now focused on the timing and details of Seplat’s upcoming earnings report. According to Investing.com, the next results are scheduled for March 2.
Traders will probably split their focus this week between crude prices and political developments, particularly the tariff actions expected before the Feb. 1 deadline in the U.S. plan. Seplat’s shares remain exposed to shifts in risk appetite as a result.
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