News

The freshly installed chief executive of NNPC, Nigeria’s state oil corporation, has vowed to attract up to $60 billion of ...
Indigenous oil and gas companies have been assured of an enabling environment ... their company with “double enabling environment” in support of its growth in Nigeria and abroad. The NCDMB boss noted ...
Shell Nigeria Exploration and Production Company (SNEPCo) has been named Major Oil Company of the Year for 2023. The award, presented by Nigerian publication Energy Times, recognises SNEPCo’s ...
The total number of local and foreign companies exempted from remitting tax revenue to government coffers increased to 105 as ...
Nigeria’s crude oil and gas reserves have hit a record high of 37.24 billion barrels and 210.5 trillion cubic feet, according to the chief executive of the Nigerian Upstream Petroleum Regulatory ...
Nigerians in Diaspora Groups have praised Tinubu and NUPRC boss Gbenga Komolafe for leading reforms that promote transparency ...
The oil and gas industry has been the backbone of Nigeria's economy for decades, contributing significantly to government revenue and foreign exchange earnings. However, despite its importance ...
Hashim, has raised the alarm over Nigeria’s diminishing gains from its oil and gas sector, warning that fossil fuels will be globally irrelevant within the next two decades.In a statement on Wednesday ...
The Nigeria Extractive Industries Transparency Initiative, NEITI, has said it has recovered $4.85 billion from unpaid liabilities owed by oil and gas companies in the country. NEITI’s Executive ...
Just as Nigeria had started to increase its oil and gas production under President Bola Tinubu, a series of blasts and fires at major pipelines are threatening to unravel the progress Africa’s ...