The Nigeria Extractive Industries Transparency Initiative (NEITI) has introduced a new Energy Transition and Climate Accountability Framework. This new move is aimed at helping Nigeria manage its oil, gas, and …
Oil giant ExxonMobil has announced it will invest $1.5 billion in Nigeria’s deepwater oil exploration and development over the next two years. The company said this fresh investment will be …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially announced that Nigeria’s crude oil and condensate reserves have reached a total of 37.28 billion barrels, with gas reserves standing at …
President Bola Tinubu has dissolved the board of the Nigerian National Petroleum Company (NNPC), including Group Chief Executive Officer Mele Kyari and board chairperson Pius Akinyelure. In a statement by …
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced plans to sell shares to the public as part of its transition into a fully commercial entity. This move is …