Oil and Gas

April 23, (THEWILL) - Nigeria has launched new fiscal incentives, a cornerstone of the Presidential Directive aimed at enhancing the Nigerian oil & gas sector's global competitiveness while stimulating economic growth. Wale Edun, Minister of Finance and Coordinating Minister...

January 23, (THE) President Bola Tinubu on Tuesday, pledged his administration’s readiness to provide needed continuous interventions in the oil and gas industry in line with the provisions of the Petroleum Industry Act (PIA). The President expressed this commitment when...

November 27, (THEWILL) - The 17-story Nigerian Content Tower (NCT), Headquarters of the Nigerian Content Development and Monitoring Board (NCDMB), Swali, Yenagoa, is set to host oil and gas industry eggheads and policy makers as the yearly Practical Nigerian...

October 22, (THEWILL) - Oil and gas experts have faulted the recent declaration by the group managing director of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, that Nigeria will become a net exporter of petroleum products by...

August 26, The Delta State Commissioner for Oil and Gas, Olorogun Vincent Oyibode, has called on the protesting host communities to Otumara flow station in Warri South West Local Government Area, not to shut down the operations of Shell...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said the global momentum and impact of the energy transition have made it mandatory for players in the oil and gas sector bring in innovative measures to mitigate the effect of energy...

Fresh facts emerging from the operations of the NNPC Limited have provided new insight into the activities of the company, affirming that the firm actually made a whopping profit of N674.1 billion in 2021. The News Agency of Nigeria (NAN)...

July 05, (THEWILL) - Nigeria earns the least in terms of per capita among the Organization of Petroleum Exporting Countries (OPEC) group, recording $51 income for each of her citizens in the first five months of 2023, according to...

May 18, (THEWILL) - Algeria’s exports of liquefied natural gas (LNG) rose in the first quarter of 2023 compared to the same period of 2022, and the North African producer booked the highest LNG export growth rate among the...

April 25, (THEWILL) – Nigeria’s total annual upstream capital expenditure decreased by 74 percent from $27 billion in 2014 to less than $6 billion in 2022, according to Oilprice.com. The leading energy news site revealed also that Nigeria’s yearly capital...