The removal of fuel subsidy in the 2023 federal budget triggered a series of negative developments in the Nigerian economy, ...

For many decades, the petroleum industry, Nigeria’s cash cow, was in the doldrums due largely to administrative and ...

Look at the Seplat- ExxonMobil deal that was completed this year; look at the SPDC-Renaissance deal that was also recently achieved; Oando-Agip company in Nigeria concluded, and then there is also ...

Olu Verheijen, special adviser to the president on energy, says a total of $6.7 billion was invested in Nigeria's energy ...

THE Special Adviser to the President on Energy, Mrs. Olu Verheijen, said a total of $6.7 billion was invested in Nigeria’s energy sector in 2024.

Troops of the 6 Division, Nigerian Army, have dismantled 13 illegal bunkering sites and recovered no fewer than 300,000 ...

and Eni sold off their stakes in onshore oil fields to local companies and indigenous players. In October, the Nigerian government approved four major oil divestments including the sale of ...

A significant shift is taking place in Nigeria’s upstream oil and gas sector where indigenous energy companies are increasingly entering the field and positioning themselves to compete on a ...

President Bola Tinubu’s energy sector reforms are prompting oil companies to take a second look at Nigeria, argues his ...

The Nigeria’s Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has expressed optimism about ...