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Nigeria targets 10Bscf gas production by 2030

Dr. Phillip Mshelbila with Mr. Wale Edun Mkpoikana Udoma Port Harcourt — Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has reaffirmed the country’s ambition to produce 10 billion standard […]
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Idle oil blocks face revocation under PIA, NUPRC warns

*Gbenga Komolafe, NUPRC Mkpoikana Udoma Port Harcourt — The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has warned that oil block holders who fail to meet their development obligations risk outright revocation of their licenses, in […]
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Cooking gas prices surge by 44% in year

*LPG and cooking gas refilling plant. Mkpoikana Udoma Port Harcourt — The cost of cooking gas has continued its steep climb, as latest data from the National Bureau of Statistics, NBS, shows prices surged by […]
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Nigeria signs deepwater oil contract with TotalEnergies

Nigeria, Africa’s largest oil producer, is seeking to revitalize its upstream sector amid global energy transition pressures and declining investment in fossil fuels. The deal covers petroleum prospecting licences 2000 and 2001, awarded during the […]