9 h. ago Lokpobiri Woos EPC Investors With Reduced Royalties, Enhanced Cost Recovery

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has called on Engineering, Procurement, and Construction (EPC) companies to reinvest in Nigeria’s oil and gas sector, emphasising the significant incentives available for deepwater operators under the Petroleum Industry Act (PIA). Speaking at the EPC Deepwater Investment Roundtable organised by the Oil Producers Trade […]

Economics

45 h. ago PIA proposed amendment (Mutilation): Taking Nigeria’s Oil and Gas industry back to the ‘Stone Age’

Only few Nigerians know that between 2015 and 2019, about $70 billion was invested in the Oil and Gas industry read more PIA proposed amendment (Mutilation): Taking Nigeria’s Oil and Gas industry back to the ‘Stone Age’

Politics

45 h. ago Tanker Drivers Reject Strike, Demand Arrest Of NUPENG Leaders

The Petroleum Tanker Drivers (PTD), a critical branch of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) have launched a fierce attack on the union’s national leadership, calling for immediate arrest of key executives over what they describe as “reckless and destabilising” actions that threaten Nigeria’s oil and gas sector. In a statement […]

Events

49 h. ago Production Sharing Contract And Nigeria’s Pursuit Of Increased Crude Oil Production

Just about this time last year, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced an ambitious programme to increase Nigeria’s crude oil output by one million barrels per day, over a 12 to 24-month period. When the Commission’s Chief Executive, Engr. Gbenga Komolafe made this proclamation, those acquainted with the country’s oil and gas industry […]

Politics

50 h. ago Why India’s return to buying Nigerian crude oil is good for Africa’s top producer

The tender from India for thr purchase of a large stock of Nigerian crude oil could be the beginning of read more Why India’s return to buying Nigerian crude oil is good for Africa’s top producer

Politics

4 d. ago Tinubu urged to restart oil exploration in Kolmani, Lake Chad

From Juliana Taiwo-Obalonye, Abuja Northeastern governors have called on President Bola Tinubu to prioritise the resumption of oil exploration activities in the frontier wells of Kolmani and Lake Chad. The Kolmani oil field is an in-development oil field located on the border between Bauchi and Gombe states in Nigeria. It is operated by the Nigerian […] The post Tinubu urged to restart oil exploration in Kolmani, Lake Chad appeared first on The Sun Nigeria.

Politics

5 d. ago Tinubu says Nigeria’s revenue target met, dismisses Trump actions

From Juliana Taiwo-Obalonye, Abuja President Bola Tinubu has affirmed to members of The Buhari Organisation (TBO), led by Senator Tanko Almakura, former Governor of Nasarawa State, that he has met his revenue target for the year through the non-oil sector ahead of schedule and will remain focused on Nigeria’s progress despite external pressures, including actions […] The post Tinubu says Nigeria’s revenue target met, dismisses Trump actions appeared first on The Sun Nigeria.

Politics

5 d. ago NNPC, Total energies sign PSC agreement for deepwater blocks

Tribune Online NNPC, Total energies sign PSC agreement for deepwater blocks NNPCL, in partnership with the TotalEnergies–Sapetro Consortium, has executed a Production Sharing Contract (PSC) for Petroleum Prospecting Licences (PPLs) 2000 and 2001, marking a significant milestone in Nigeria’s upstream oil and gas sector. This is the first PSC to comprehensively cover both crude oil and natural gas NNPC, Total energies sign PSC agreement for deepwater blocks Tribune Online

Politics

6 d. ago TotalEnergies continues African oil & gas expansion with new offshore acreage in Nigeria

France’s energy giant TotalEnergies has boosted its oil and gas portfolio in African waters by securing two offshore exploration permits read more TotalEnergies continues African oil & gas expansion with new offshore acreage in Nigeria

Politics

6 d. ago Content Board Sustains Gas, Safety Capacity Building With 6 Training Centres

The Nigerian Content Development and Monitoring Board (NCDMB), is currently providing industry-focused training in gas, engineering, and safety studies, after commissioning six Centres of Excellence. The Board has deployed over $350 million to support local companies through its Nigerian Content Intervention Fund (NCIF) managed in partnership with NEXIM Bank. The board’s director of Corporate Services, […]

Politics

7 d. ago $6bn Local Firms’ Investment Offers Nigeria Significant Oil Industry Control – NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) has observed that President Bola Ahmed Tinubu’s courageous reforms have led to landmark achievements in Nigeria’s oil and gas sector in the last two years. The NEITI also noted that the Nigerian National Petroleum Company Limited (NNPCL) championed many of the successful investments. Speaking when the NEITI engaged […]

Politics

7 d. ago NBA Enugu: NDDC boss calls for special court to try oil vandals, pirates in region

As Dino Melaye wants transparency in NDDC procurements to create boom in oil region As the Nigerian Bar Association read more NBA Enugu: NDDC boss calls for special court to try oil vandals, pirates in region

Politics

8 d. ago Gas Flaring Falls To 7.16% As Daily Production Hits 7.59bn Cubic Feet In July

Nigeria has achieved a significant energy milestone as gas flaring dropped to 7.16 percent in July 2025, even as daily gas production surged to 7.59 billion standard cubic feet per day (BSCFD). The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) revealed this in the July 2025 Gas Statistics report The report showed that  gas industry has […]

Politics

9 d. ago Niger Delta youths condemn call for sack of NNPC boss, pass vote of confidence

Tribune Online Niger Delta youths condemn call for sack of NNPC boss, pass vote of confidence Youths of the Niger Delta, under the aegis of the Host Communities Producing Oil, Gas and Pipeline Impacted States’ Youth Council of Nigeria (HOSTCONYCN), have faulted the call by the Jonathan Lokpobri-led Ijaw Youth Council (IYC) for the sack of the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Bashir Bayo […] Niger Delta youths condemn call for sack of NNPC boss, pass vote of confidence Tribune Online

Politics

1 week ago N’Delta: INC president decries ecological genocide, calls for equity, justice

From Aidoghie Paulinus, Abuja President, Ijaw National Council (INC), Professor Benjamin Okaba, has accused the Federal Government of subjecting the Niger Delta region to ecological genocide. Okaba called for urgent equity and justice for the long-suffering people of the Niger Delta region. While delivering a paper titled ‘Gaps and Silences in Nigeria’s Oil and Gas […] The post N’Delta: INC president decries ecological genocide, calls for equity, justice appeared first on The Sun Nigeria.

Politics

1 week ago Research Crucial To Solving Oil, Gas Sector Challenges – PENGASSAN

Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has stressed the need for industry-driven research and targeted capacity building in Nigeria’s oil and gas sector. During an inspection of the College of Petroleum and Energy Studies in Kaduna, PENGASSAN president, Festus Osifo, said the institution’s academic and training programmes could close the country’s […]

Politics

1 week ago PENGASSAN demands sustainable solutions to oil, gas sector challenges

Tribune Online PENGASSAN demands sustainable solutions to oil, gas sector challenges The area of research should be areas that will clearly impact the Nigerian oil and gas industry; they should research areas that are affecting the industry PENGASSAN demands sustainable solutions to oil, gas sector challenges Tribune Online

Politics

1 week ago Niger Delta People Live On $2 Daily Despite $1trn Oil Revenue — INC

President of the Ijaw National Council (INC), Professor Benjamin Okaba, has decried the neglect of the Niger Delta despite generating over 75 per cent of Nigeria’s oil wealth, declaring that the people of the region still live in shanties and survive on less than $2 daily. Okaba, who spoke in Abuja on Wednesday while delivering […]

Politics

1 week ago Nigeria faces new pressure as South Korea locks $100bn US energy deal

Tribune Online Nigeria faces new pressure as South Korea locks $100bn US energy deal Nigeria’s crude oil exports to Asia may face increased competition following South Korea’s $100 billion commitment to purchase US energy over the next four years, a deal sealed during President Lee Jae-myung’s state visit to Washington. South Korea is already the largest Asian buyer of US crude, with imports currently at 460,000–470,000 barrels per day—a […] Nigeria faces new pressure as South Korea locks $100bn US energy deal Tribune Online

Politics

1 week ago Nigeria’s Pipelines, Terminals Crude Oil Receipts Nears 100% — Ojulari

Nigeria premised its 2025 national budget on a crude oil production of 2.06 million barrels per day and $75 per barrel oil price. The post Nigeria’s Pipelines, Terminals Crude Oil Receipts Nears 100% — Ojulari appeared first on Channels Television.

Politics