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The report, which was released recently, showed that Nigeria’s earnings from the oil and gas sector were ₦813.22 billion in February 2025, 70.49% higher than the ₦477 billion in February 2024.
Shell and TotalEnergies are accelerating investments in Nigeria, targeting 2027 for major oil and gas production boosts from the Bonga North and Ubeta fields.
Nigerian authorities and Shell’s local subsidiary were on Monday investigating the cause of an oil spill on the Trans Niger pipeline that lasted several days. The spill from the 180,000-barrel-a ...
The Nigeria Oil and Gas Integrity Forum has called on President Bola Tinubu to continue to support independent regulatory institutions like the Nigerian Upstream Petroleum Regulatory Commission, ...
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.
The British energy giant pioneered Nigeria's oil and gas business beginning in the 1930s. It has struggled for years with hundreds of onshore oil spills as a result of theft, sabotage and ...
Nigeria will auction undeveloped oil and gas blocks next year, prioritising natural gas development to support the country's commitment to UN Sustainable Development Goals, the oil regulator said ...
Nigeria’s oil-rich Rivers State has a unique opportunity to emerge as a beacon of progress, replacing hopelessness with hope, according to former Apex Bank governor Sanusi Lamido Sanusi.
James Arukhe, an expert in the oil and gas industry, has emphasised the necessity for Nigeria to collaborate with the private sector and strategically invest to fulfill its energy commitments both ...
In the shorter term, some think Nigeria can pivot from oil to natural gas, which accounts for just 10% of Nigeria’s exports. Not only does the country have Africa’s largest reserves of gas ...