Oil and Gas
NEITI Urges New NNPCL Boss to Prioritise Transparency
The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged the newly appointed Group Chief Executive Officer of the Nigeria National Petroleum Corporation Limited...
BREAKING: Tinubu Removes Mele Kyari As NNPC Ltd Boss
In a significant move, President Bola Tinubu has sacked Mele Kyari as the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum...
CBN Overhauls Crude Oil Terminal Oversight: New Agent Allocations Announced
In a decisive move to bolster transparency and efficiency within Nigeria’s crucial oil and gas sector, the Central Bank of Nigeria (CBN) has...
Tinubu Reshapes Nigerian Content Board for Enhanced Local Participation
President Bola Tinubu has strategically revitalized the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB), signaling a renewed commitment to...
Fuel Supply Stable: Retailers Dismiss Naira-for-Crude Scarcity Fears
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has firmly dismissed concerns of an impending fuel scarcity, directly addressing the swirling...
Renaissance Africa Completes Landmark $2.4B Shell Nigeria Acquisition
In a move poised to reshape Nigeria’s energy landscape, Renaissance Africa Energy Holdings has officially announced the successful completion of its monumental $2.4...
African Oil & Gas Investment Set to Surge, Nigeria Positioned for Deepwater Growth
Africa’s oil and gas sector is poised for substantial investment, with projections indicating approximately $43 billion in capital expenditure by operators and developers...
Questions Linger Over FG’s $2 Billion Investment Claim
The federal government has expressed optimism about the future of Nigeria’s oil and gas sector, projecting an additional $2 billion in investments by...
Oil Giants Owe Nigeria $6.1 Billion – NEITI
The Nigerian Extractive Industries Transparency Initiative (NEITI) has issued a stark warning: oil and gas companies owe the Federal Government a staggering $6.1...