[Vanguard] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has highlighted the transformative impact of the Petroleum Industry Act (PIA) 2021 on Nigeria's oil and gas sector, as the International Energy Agency (IEA) commended ongoing reforms during a high-level visit to the Commission's Abuja headquarters.
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[Capital FM] Nairobi -- The High Court has suspended the government's decision to impose a 10 percent import duty on crude oil, declaring the levy unconstitutional, null and void.
[This Day] The NNPC/Heirs Energies Joint Venture (JV) has announced a major breakthrough with the innovative, rigless recompletion of a key non-associated gas well in oil mining lease (OML) 17.
[Liberian Investigator] Liberia once again faces a familiar crossroads, where the potential of petroleum wealth clashes with painful memories of exploitation, institutional weakness, and opaque decision-making.
[This Day] French oil giant, TotalEnergies has signed agreements with its long-standing partner, Conoil Producing Limited to acquire a 50-per cent operated interest in the Oil Prospecting License (OPL) 257 while Conoil acquires the 40 per cent participating interest held by TotalEnergies in Oil Mining Lease (OML)136.
[Leadership] Falcon Corporation Limited has announced that Energy& LLP, a subsidiary of EverCorp Industries, has acquired an equity stake in Falcon Corporation.
[Premium Times] "The world is changing, but Nigeria is not abandoning oil and gas; we are repositioning them," he said.
[This Day] The Nigerian National Petroleum Company Limited (NNPC Ltd.) yesterday released its audited financial statement for the full year ended 2024, reporting a Profit After Tax (PAT) of N5.4 trillion on a revenue of N45.1 trillion.
[Premium Times] Since the late 1980s, repeated oil spills have devastated Ogale's natural environment, eroding its once-rich biodiversity and natural capital.
[Liberian Investigator] If you followed yesterday's hearing on the Oranto Petroleum and TotalEnergies Production Sharing Agreements, you'd realize it raised more questions than answers for the Liberian Senate.
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