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PIA implementation

  • Government

    Nigeria’s Oil Sector Stagnates as Red Tape Holds Back Investment

    by Motoni Olodun December 11, 2023
    by Motoni Olodun December 11, 2023

    Nigeria, Africa’s largest oil producer, is failing to attract new investment into its energy sector due to bureaucratic hurdles and regulatory uncertainty. According to data from the Nigerian Upstream Petroleum …

  • In the NewsOil & Gas

    Nigeria’s PIA Fails to Deliver Promised Economic Boost

    by Adenike Adeodun November 9, 2023
    by Adenike Adeodun November 9, 2023

    Two years into the enactment of Nigeria’s Petroleum Industry Act (PIA), the anticipated benefits for the oil and gas sector and the broader economy remain unrealized. Political interference and selective …

  • In the NewsMarketsOil & Gas

    Nigeria’s Oil Production Boost a $7.6 Billion Necessity

    by Oluwatosin Racheal Alabi November 7, 2023
    by Oluwatosin Racheal Alabi November 7, 2023

    Nigeria requires $7.6 billion to elevate oil output to 2.1 million bpd by 2025, amidst energy sector shifts.

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Nigeria’s Oil Boom: Record Production in September 2023

Petrobras Acquires 75% Stake in São Tomé’s Offshore Block 3, Strengthening Africa Push
South Africa Shifts Fuel Imports Away From Arabian Gulf Amid Hormuz Shipping Crisis

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Petrobras Acquires 75% Stake in São Tomé’s Offshore Block...
South Africa Shifts Fuel Imports Away From Arabian Gulf...
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