Petroleum Industry Act
Nigeria awards 37 oil blocks as investors face 90-day deadline
Business
July 22, 2026
Nigeria awards 37 oil blocks as investors face 90-day deadline
Winning oil blocks is only the first hurdle for the 31 companies selected under Nigeria’s 2025 Licensing Round. The Nigerian…
143 firms battle for 50 oil blocks as Nigeria seeks fresh energy investment
Happening Now
July 21, 2026
143 firms battle for 50 oil blocks as Nigeria seeks fresh energy investment
Nigeria’s latest drive to attract investment into its oil and gas industry has reached a critical stage, with 143 companies…
NNPC charts new course with Africa-focused energy strategy
Happening Now
July 13, 2026
NNPC charts new course with Africa-focused energy strategy
The Nigerian National Petroleum Company (NNPC) Limited is broadening its ambitions beyond oil and gas production, unveiling plans to position…
Nigeria’s crude oil production surges past OPEC target
Happening Now
July 13, 2026
Nigeria’s crude oil production surges past OPEC target
Nigeria has recorded its strongest crude oil production performance in more than six years, surpassing its OPEC production quota for…
NNPC, marketers oppose Dangote bid to halt fuel imports, warn of monopoly risk
Happening Now
May 26, 2026
NNPC, marketers oppose Dangote bid to halt fuel imports, warn of monopoly risk
The battle over who controls Nigeria’s petrol supply chain has moved back to the courtroom, with the Nigerian National Petroleum…
NMDPRA tightens grip on oil operations in free zones
Business
May 20, 2026
NMDPRA tightens grip on oil operations in free zones
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in a circular, has warned that oil and gas companies operating…