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Tinubu Renews Ogoni Peace Talks as Global Oil Demand Hits $540bn

Tinubu Renews Ogoni Peace Talks as Global Oil Demand Hits $540bn President Bola Tinubu has revealed that the government is holding advanced discussions with Ogoni leaders to resolve long-standing disputes that have hindered oil production in the area. Tinubu made this known on Wednesday while speaking...

NUPRC Bans Crude Exports by Firms Bypassing Local Refineries

NUPRC Bans Crude Exports by Firms Bypassing Local Refineries The Nigerian Upstream Petroleum Regulatory Commission has said it will not grant export permits to oil companies that fail to meet their domestic crude supply obligations, as part of efforts to strengthen energy security and support...

PIA Drives 762% Surge in Rig Count, Boosts Investor Confidence – NUPRC

Nigeria’s upstream petroleum regulator has reported sweeping gains in the oil and gas sector, announcing a 762 per cent rise in rig count alongside billions of dollars in new investments and major reforms four years after its establishment.

NUPRC Withdraws Approval for TotalEnergies’ $860 million Asset Divestment

NUPRC Withdraws Approval for TotalEnergies’ $860 million Asset Divestment The Nigerian Upstream Petroleum Regulatory Commission has revoked its earlier approval for French oil major TotalEnergies to divest its minority stake in Shell Petroleum Development Company of Nigeria Limited, dealing a setback to the company’s plans...

Investors Warn as Nigeria Loses N8.41tn to Oil Theft

Investors Warn as Nigeria Loses N8.41tn to Oil Theft The Nigerian Upstream Petroleum Regulatory Commission says Nigeria lost crude oil valued at a staggering N8.41tn to theft and metering deficiencies between 2021 and July 2025. Although the regulator celebrated recent progress in reducing daily losses to...

Proposed PIA Amendment: A Note of Caution, By Ben Ekori

Proposed PIA Amendment: A Note of Caution By Ben Ekori In spite of the seeming chaos that governs most of what we do in Nigeria, there is an observable symmetry in the way government policies are communicated to the citizenry. It is not clear if...