IEA Hails Nigeria’s Upstream Reforms

The International Energy Agency (IEA) has praised the continuing reforms in Nigeria’s upstream petroleum sector. At…

Soaring Drilling Costs Undermine Nigeria’s Oil Growth

Nigeria’s high drilling costs threaten its lead in West Africa’s oil market, despite controlling 60% of…

Nigeria’s Oil Sector Attracts $40bn Investment

According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s oil sector investment surge has reached…

IOCs’ Divestments Unlock $5.5bn Investment, Says Lokpobiri

Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has confirmed that International Oil…