Nigeria’s attorney general has notified agencies that President Bola Tinubu has approved a draft bill – the Petroleum Industry Act (Amendment) Act 2025 – for early implementation talks. It is still a ...

As this refinery has defied the odds and become a global success story and a reformer of the Nigerian economy in many ...

Nigeria spent over N5 trillion on crude oil imports in 2025 despite being Africa’s largest oil producer, as domestic ...

Nigeria is considering stripping its state oil company of its decisive role in managing existing oil contracts and transferring that authority to the upstream regulator, in what could be the most ...

NIGERIA’S long and embarrassing dependence on imported petroleum products may finally be nearing its end. Yet the dramatic shift unfolding in the country’s downstream petroleum sector also exposes a ...

LAGOS, Sept 18 (Reuters) - African petroleum regulators led by Nigeria have launched a continental forum aimed at harmonising oil regulation in a bid to attract crucial investment across the region's ...

The past recurring conflicts on other continents and the current developments in the Middle East are a clear reminder to the ...

With a strong delegation of industry leaders, private sector executives, and national oil company representatives, coming to Cape Town in November, led by H.E. Chief Timipre Sylva, AEW 2021 comprises ...

U.S. supermajor ExxonMobil plans to invest as much as $1.5 billion in deepwater oil and gas exploration and development offshore Nigeria, the local regulator, the Nigerian Upstream Petroleum ...

Nigeria today spearheaded the signing of a charter to birth the African Petroleum Regulators Forum (AFRIPERF). It was a demonstration of the country’s leadership in Africa’s oil and gas sector. The ...