Energy Sector

According to the most recent data from the National Bureau of Statistics (NBS), Nigeria earned over ₦12.81 trillion from crude oil exports in the third quarter of 2025, highlighting the petroleum sector's sustained dominance in the nation's…

By 2026, the Nigeria National Petroleum Corporation Limited (NNPCL) hopes to produce more than two million barrels of crude oil every day. At the monthly stakeholders meeting with host communities of the Trans Niger Pipeline (TNP) held…

A thorough examination of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) factsheet indicates that between August 2024 and October 2025, Nigeria imported ₦12.8 trillion worth of Premium Motor Spirit (PMS),…

Prof. Emmanuel Ibe Kachikwu, a former minister of petroleum, former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), former Executive Vice Chairman of Exxonmobil Africa, and former president of OPEC and…

With a high-level stakeholders' dialogue forum that brought together government leaders, settlors, regulators, representatives of Host Community Development Trusts (HCDTs), and communities to consider lessons learned from four years of…

The Nigerian government has halted the imposition of a 15% import tax on vehicle gasoline and premium motor spirit. George Ene-Ita, a spokesman for the Nigerian Midstream and Downstream Petroleum Regulatory Authority, or NMDPRA, revealed…

President Bola Tinubu has encouraged Nigerian editors to uphold truth, impartiality, and national unity in their reportage. The Nigerian leader highlighted that the role of the media is important to safeguarding democracy and building…

Stakeholders from all seven of Nigeria's North-West states have showered President Bola Ahmed Tinubu's administration with praise for its audacious efforts to restructure the oil and gas industry, praising the changes as the next step…

The Organization of the Petroleum Exporting Countries and its partners, OPEC+, set output targets for the month, but Nigeria, Libya, and Venezuela reported declines in crude oil production in October. Despite prior commitments to…