Resurgent global interest suggests that Nigeria’s oil industry may be emerging from a slump that had seen production drop to a two-decade low in 2022. Yet foreign firms are no longer the main players.

Nigeria's oil and gas industry witnessed an eventful year in 2025, with several issues shaping the sector in significant ways ...

Nigeria is considering stripping its state oil company of its decisive role in managing existing oil contracts and transferring that authority to the upstream regulator, in what could be the most ...

Nigeria generated an estimated N55.5 trillion from crude oil sales in 2025, based on production figures from the NUPRC and ...

Nigeria’s oil industry continues to suffer massive losses from theft, sabotage, and chronic underinvestment, pushing the government to diversify its energy mix. The country’s Energy Transition Plan ...

LAGOS, Sept 18 (Reuters) - African petroleum regulators led by Nigeria have launched a continental forum aimed at harmonising oil regulation in a bid to attract crucial investment across the region's ...

As an energy expert and public affairs analyst with over a decade of immersion in Africa’s oil and gas sector, I have witnessed the ebb and flow of leadership in national oil companies across the ...

Nigeria today spearheaded the signing of a charter to birth the African Petroleum Regulators Forum (AFRIPERF). It was a demonstration of the country’s leadership in Africa’s oil and gas sector. The ...

LAGOS, Dec 5 (Reuters) - Chevron said on Friday it will participate in Nigeria’s next oil licensing round and plans to deploy a drilling rig in late 2026 as it seeks to expand operations in Africa’s ...