Oil and Gas

Nigeria’s oil sector requires change to stem investor flight – global experts

  Investor flight poses serious problem Côte d’Ivoire, Namibia, Congo, Angola attracting investments Deleterious regulatory environment, safety issues, vandalism chasing…

Tinubu approves local currency crude oil sales to Dangote Refinery, local counterparts

Business a.m. President Bola Tinubu has approved the sale of crude oil to indigenous refineries including Dangote Refinery in the…

Dangote lauds NUPRC for publishing guidelines on domestic crude supply obligation

  …warns of rising local crude oil Prices as trading arms offer cargoes above official price Business a.m. Dangote Industries…

MOSOP, environmentalists welcome Tinubu’s appointment of new coordinator for HYPREP 

Ben Eguzozie   The Movement for the Survival of Ogoni People (MOSOP), the main pressure group of the Ogonis, and…

Nigeria’s oil production woes cast doubt on global market position

Business a.m. The Nigerian oil industry is facing mounting criticism and pressure to address its underperforming production levels, which have…

Nigeria relaunches licensing round with 12 oil blocks

  …Announces investment prospects, despite plummeting oil industry Ben Eguzozie Nigeria, seeking to accelerate upstream investment in its plummeting oil…