Nigeria’s Oil Reforms Win Praise As Lawmakers Warns Of Rising Risks From Ageing Assets
Nigeria’s push to reshape its oil and gas industry is drawing sharply contrasting reactions, with industry analysts praising sweeping reforms while lawmakers...
Oil And Gas
NUPRC Restoring Confidence In Oil And Gas Sector With Outstanding Reforms – Garuba
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has restored confidence, improved governance, and strengthened investment prospects in the nation’s oil and gas...
‘Every Kobo Accounted For’ – Group Defends NUPRC Over Frontier Fund
The Oil and Gas Watchdogs Network has applauded the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and its Chief Executive, Gbenga Komolafe, for...
NNPCL Records ₦539 Billion Profit Despite Oil Output Falls – Report
The Nigerian National Petroleum Company Limited (NNPCL) has announced a sharp rise in profit, posting ₦539 billion for August 2025, a 91.3...
Oil And Gas Stakeholders Kick Against Proposed Decommissioning Agency
Stakeholders in Nigeria’s oil and gas sector have strongly opposed a legislative proposal seeking to establish a new commission solely responsible for...
Senate Approves Bill To Establish Oil And Gas Hospital
The Senate has passed a bill seeking the establishment of the Federal Oil and Gas Hospital in Benikrukru, Warri South-West Local Government...
If 40% Of Politicians Knew Basic Economics, Nigeria Would’ve Grown – Ezekwesili
Former World Bank’s Vice President for African Region, Obiageli Ezekwesili, has said most Nigerian politicians lack basic knowledge of economics. Naija News...
CBN Appoints 11 Agents For Oil, Gas Exports
The Central Bank of Nigeria (CBN) has designated 11 pre-shipment monitoring and evaluation agents for oil and gas exports in Nigeria. Naija...
What Tinubu’s Reforms In Oil And Gas Sector Aim To Achieve – Verheijen
President Bola Ahmed Tinubu’s reforms in the oil and gas sector aim to boost revenue and stabilize Nigeria’s economy. The Special Adviser...
Tinubu Signs Executive Order On Oil And Gas Reforms
President Bola Ahmed Tinubu has executed Policy Directives to improve the investment climate and position Nigeria as the preferred investment destination for...
ATM Comment: Your Identity Still Unknown – Atiku’s VP, Okowa Fires Back At Tinubu
Peoples Democratic Party (PDP) 2023 Vice Presidential candidate and Governor of Delta State, Ifeanyi Okowa, has responded to the All Progressives Congress...
Three International Oil And Gas Companies Sign $5bn Contract With Nigeria
Three international oil and gas companies have signed a Memorandum of Understanding for the establishment of the first Floating Liquefied Natural Gas...
Oil Firms Owe Banks ₦5.93tn Amid Losses, Theft
Data from the Central Bank of Nigeria (CBN) has shown that oil firms operating in the downstream and upstream subsectors of the...
Nigeria Loses ₦891bn To Gas Flaring
A data released by the Nigerian Oil Spill Monitor, an arm of the Nigerian Oil Spill Detection and Response Agency, NOSDRA, on...
Buhari Makes Two New Appointments
President Muhammadu Buhari on Wednesday, July 27, confirmed the appointment of Tijjani Yahaya Kaura as Managing Director of the Oil and Gas...
Warm Up For ₦19bn Oil And Gas Revenue Loss – World Bank To Nigerian States
The international financial institution, World Bank has asked Nigerian states to prepare for massive revenue loss in oil and gas this year....
Oil Sector Growth Plummet By 26% In Q1 – NBS Report
The growth of the Nigerian oil sector plummeted in the first quarter of the year 2022 compared to records of the preceding...
Uneasy Calm In Bayelsa Over Oil Pollution, Community Fingers Shell
There is a palpable air of uncertainty in Ikarama community, Yenagoa Local Government Area of Bayelsa State over oil spill sites that...
Nigeria’s Oil Reserve Increases To 37.04bn Barrels In One Year – NUPRC
According to the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, the country’s oil reserve has increased a bit between a year to the...
TotalEnergies Joins Shell, Others, Looks To Exit Nigeria’s Onshore Oilfields
TotalEnergies has amid dwindling production of oil in Nigeria revealed plans to exit the country’s troubled onshore oil fields. The French multinational...
