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Nigeria
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Nigeria, Africa’s largest oil producer, is losing billions of dollars in gas royalties and penalties due to its persistent gas flaring problem, according to a recent report by the Nigerian …
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Nigeria has signed a memorandum of understanding (MoU) with Saudi Arabia to boost cooperation in the oil and gas sector. The MoU was signed at the Saudi-Arab-African Economic Conference in …
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GovernmentIn the News
How Europe’s Energy Crisis Boosts Nigeria’s Oil Exports Amid Russia-Ukraine War
The ongoing war between Russia and Ukraine has disrupted the global oil market, affecting Nigeria’s crude exports to Asia. However, Nigeria has also benefited from the increased demand from Europe, …
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Nigeria faces a major challenge of providing reliable and sustainable electricity to its growing population of over 200 million. According to the World Bank, only about 60% of Nigerians have …
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Nigeria’s oil regulator, the NUPRC, has warned crude suppliers to comply with their obligations to provide adequate crude oil to local refineries, as stipulated by the new Petroleum Industry Act …
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The Dangote Refinery, Africa’s largest oil refinery with a capacity of 650,000 barrels per day, is set to receive crude oil from the Nigerian National Petroleum Company Limited (NNPCL) in …
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Nigeria is putting more capital into its midstream gas sector to close the critical infrastructure gap that hinders its economic growth, according to the Special Adviser to President Tinubu on …
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The Federal Government called for additional time to address the country’s ongoing electricity issues as 17 generation and distribution licenses stand for either renewal or revocation tomorrow. This mirrors past …
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Energy TransitionIn the News
Federal Government Advances Clean Energy with Focus on Electric Vehicles and Renewables
In a response to global calls for energy transition, the Nigerian federal government announced intentions to tap into cleaner energy. They aim to develop and expand industries like renewable energy, …