News

Nigerian President Bola Tinubu has signed an executive order introducing a performance-driven framework for oil sector ...
Shell acquires French giant's stake in Bonga field which was producing about 123,000 barrels per day last month ...
By Thomas AgboolaBY the twilight of 2024, Nigeria’s local content participation in oil and gas had risen to an unprecedented 56 percent, as reported by the Nigerian Content Development and Monitoring ...
Nigeria launched this week a new oil and gas licensing round, inviting bids for as many as 12 onshore and offshore blocks and promising transparency in the bidding process. At the ongoing Offshore ...
The experts will deliberate on the key issues identified in the survey as affecting Nigeria’s oil and gas sector ... and further map pathways to the medium-term transformation of the country ...
Dublin, Feb. 03, 2025 (GLOBE NEWSWIRE) -- The "Nigeria Midstream & Downstream Oil & Gas Market Outlook: Supply & Demand of Oil, Gas, Gasoline, Diesel, Fuel Oil, Future Investments, Projects ...
Nigeria began drilling for oil and gas in the northeast on Tuesday, a first for the African oil giant, which has exploited large deposits in the south for decades and whose production is declining.
The commission also said Nigeria’s gas reserves hit 210.54 trillion Cubic Feet (tcf) as of the same date. Gbenga Komolafe, the NUPRC’s chief executive, who stated this said oil and condensate ...
Nigeria will auction undeveloped oil and gas blocks next year, prioritizing natural gas development to support the country’s commitment to UN Sustainable Development Goals, the oil regulator ...
Nigeria is set to approve Exxon Mobil Corp.’s sale of its oil and gas assets to domestic energy supplier Seplat Energy Plc, President Bola Tinubu said. The “divestment will receive ministerial ...
LAGOS, Dec 18 (Reuters) - Nigeria will auction undeveloped oil and gas blocks next year, prioritising natural gas development to support the country's commitment to UN Sustainable Development ...