Felix Ogbe of NCDMB revealed that Nigeria now retains 56% of its oil and gas industry expenditure, a major leap from just 5% ...

In a bold economic declaration, President Bola Tinubu has unveiled the Renewed Hope Nigeria First Policy, a procurement ...

The Federal Government has called on International Oil Companies (IOCs) operating in Nigeria to ... adds value to your books nor to us as a country. “We encourage industry players to explore ...

Petrobras is planning a return to Nigeria's oil sector to focus on deepwater exploration, as Nigeria seeks to increase its ...

Energy reforms under President Tinubu attract renewed investment Offshore projects secured over $8 billion in commitments, led by majors Refineries restarting and smart meter rollout planned for power ...

The Minister of State Petroleum Resources (Oil), Senator ... licenses at a Cross Industry Group meeting held in Florence, Italy, organised by IOCs operating in Nigeria. The meeting focused on ...

Western oil companies like Shell, Exxon Mobil, Eni, and Equinor have pulled out of Nigeria due to operational challenges and instability. Nigeria's oil production is declining, even as the country ...

especially in the downstream oil industry. This is coming as Sunbeth Energies Limited has commenced key investment drive to boost Nigeria's energy sector growth. The firm has announced strategic ...

This undermined investor confidence, constrained capital inflow into the sector, and left Nigeria’s oil and gas value chain in a state of arrested development. At this critical juncture—where ...

ABUJA, May 13 (Reuters) - Nigerian oil producer Oando (OANDO.LG), opens new tab has completed repairs on its pipeline in the oil-rich Bayelsa state after four oil spill incidents caused by ...