Nigeria’s high drilling costs threaten its lead in West Africa’s oil market, despite controlling 60% of…
Tag: Petroleum Industry Act
NUPRC Rejects Plan for New Oilfield Decommissioning Agency
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rejected the proposed bill to establish the National…
Policy Consistency is Key to Nigeria’s Energy Transition — Ex Minister
Nigeria’s energy transition relies on policy consistency, innovation, and coordinated action among key stakeholders. This was…
Nigeria’s Energy Reforms Earn Ministry Top African Award
Nigeria’s energy reforms have earned global recognition as the Ministry of Petroleum Resources wins the Reformer…
Nigeria Targets $60bn Investment to Expand Gas Infrastructure
The Nigerian National Petroleum Company Limited (NNPCL) says the country is seeking $60 billion in new…
GEIL Launches New Onshore Terminal in Nigeria
Green Energy International Limited (GEIL) has completed the construction of the Otakikpo Onshore Terminal, located in…
Nigeria’s Oil Sector Faces Ongoing Governance Challenges Despite PIA Reforms
Despite enacting the Petroleum Industry Act (PIA) in 2021, Nigeria’s oil sector struggles with governance issues…