Nigeria’s Fragile Fiscal Regime May Stall $24bn Oil, Gas Projects         With the continued delay in the passage of the Petroleum Industry Bill (PIB) leading to a frigile fiscal regime mired by uncertainty, the African Energy Chamber (AEC), has said Nigeria and other African countries should...

Nigeria To Lose $24bn Oil, Gas Investments In Six Years — AEC         Nigeria will lose $24 billion in investments in the oil and gas sector between 2020 and 2025, due to effects of the COVID-19 pandemic on the global petroleum industry, according to a report...

March Facts and Figures from the Ministry of Petroleum Resources attributed the reduction in crude oil production to the routine repair work going on at Shell Nigeria Exploration and Production Company Limited Nigeria’s average daily crude oil and condensate production has dropped from the two...