Nigerian President Bola Tinubu has signed an executive order introducing a performance-driven framework for oil sector ...

Tinubu has signed a new executive order introducing tax incentives, cost-saving rewards to attract investors and boost oil ...

At least 40 Nigerian oil licences will expire in June 2025, with renewal dependent on company performance and compliance with ...

Nigerian President Bola Tinubu has signed an executive order instituting a framework linking tax incentives to cost savings ...

Nigeria’s oil industry is poised for a dramatic reduction in production costs following the development of the Otakikpo Onshore Crude Oil Export Terminal, the ...

Green Energy has unveiled Nigeria’s first indigenous oil terminal, $400 million Otakikpo oil terminal, to ease crude ...

Two main players typically drive the development of oil blocks in Nigeria: International Oil Companies (IOCs) and National ...

Host communities in the Niger Delta region have threatened to ground Nigeria's crude oil production over a prolonged dispute ...

TotalEnergies divests 12.5% stake in Nigeria’s Bonga field to Shell • Deal aligns with strategy to cut costs and prioritize low-carbon assets • Shell expands deep-water operations with added 11,000 ...

TotalEnergies has agreed to sell its non-operated 12.5% stake in the OML118 Production Sharing Contract to Shell Nigeria Exploration and Producti ...

It has been forecasted that oil and gas production from the Nigerian National Petroleum Company Limited (NNPCL) may be ...