FG warns investors in the 2025 oil licensing round that all risks are borne by bidders, with no refunds or exchanges allowed under the law
NNPCL urges NUPRC to strengthen investment facilitation, especially in deepwater projects, to keep Nigeria competitive in the global energy market
Nigeria Losing Billions to Oil Theft daily due to sabotage and outdated systems. Experts call for urgent digitalisation and policy enforcement
Nigeria crude oil theft reduction reaches 50% in 2025, with losses falling to lowest since 2009, according to the Nigerian Upstream Petroleum Regulatory Commission
Oil firms resist DCSO policy, rejecting Nigerian government’s push to supply local refineries like Dangote despite regulatory pressure and engagements
Nigeria’s oil and gas sector secures $16bn in investments between 2023 and 2025, driven by reforms, tax incentives and improved regulatory efficiency
