Nigeria is focusing on eight idle oil fields to boost its struggling petrodollar economy, potentially adding over 300,000 barrels per day to national production and attracting significant investment.
Niger Delta
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Nigeria’s oil regulator proposes a faster exit for oil majors from onshore fields, but only if they take responsibility for cleaning up environmental spills. This plan aims to balance speeding up departures with protecting the environment.
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Oil giant Shell is facing a legal battle over an alleged oil spill in the Niger Delta that damaged waterways and farms. The company has appealed a court order to…
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In a significant move, AITEO, Nigeria’s leading oil producer, introduced a revolutionary oil transport method. The strategy supports President Bola Tinubu’s goal of increased oil production. Oil mogul Benedict Peters’…
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Nigeria’s Upstream Petroleum Regulatory Commission (NUPRC) recently celebrated the selection of 42 domestic oil and gas firms in a landmark step towards environmental responsibility and sustainability. These companies, winners in…