Stakeholders in the oil and gas sector have welcomed the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) projection that Nigeria’s upstream oil and gas sector is to...
Oil companies operating in Nigeria risk up to five percent of annual operating turnover in penalties on being found guilty of serious anti-competitive practices if a...
In the bid to ease crude oil offtake by domestic refiners, address pricing and logistics challenges, the Nigerian government is taking a look at proposals for...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has licensed the Lagos Commodities and Futures Exchange (LCFE) to be facilitating the trading and clearing of...
Crude oil and condensate supply to local refineries rose by 88.4 percent to 53.7 million barrels in the second quarter of 2026, Q2’26, from 28.5 million...
Persistent losses led to the shutdown of Nigeria’s state-owned refineries as against claims that they could no longer refine crude oil. The outgoing President of the...
Following concerns about the constitution and representation of Host Community Development Trust (HCDT), the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has ordered the Nigerian Upstream...
It is apparent that recent developments which threatened supply disruptions and witnessed price hikes have necessitated new policies to ensure energy security and forestall arbitrary price-fixing...
The slow response of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the National Oil Spill Detection and Response Agency (NOSDRA) to the prolonged gas seepage...
Following a successful one-year internship, intensive training and evaluation programme, the Nigerian National Petroleum Company Limited (NNPC Ltd) has deployed over 1,000 young professionals into its...
