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Nigeria: NUPRCHails Pia’s Impact As IEA Commends Nigeria’s Upstream Sector Reforms
[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.
Kenya: High Court Suspends 10 Percent Crude Oil Import Duty, Terms Levy Unconstitutional
[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.
Nigeria: NNPC, Heirs Energies Double Gas Output, Add Over 135 Mmscf/D to Domestic Supply
[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.
Liberia: Bad History, Weak Terms, Zero Trust–the Oranto Deal Must Die
[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.
Nigeria: Deal With Conoil Takes TotalEnergies’ Opl 257 Stake to 90 Percent
[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.
Nigeria: Energy& LLP Acquires Stake in Falcon Corp
[Leadership] Falcon Corporation Limited has announced that Energy& LLP, a subsidiary of EverCorp Industries, has acquired an equity stake in Falcon Corporation.
Nigeria: Energy Transition – Nigeria Will Not Abandon Its Oil, Gas – Official
[Premium Times] "The world is changing, but Nigeria is not abandoning oil and gas; we are repositioning them," he said.
Nigeria: NNPC Releases 2024 Audited Financial Statement, Declares N5.4 Trillion Profit, N45.1tn Revenue
[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.
Nigeria: How Oil Spills Devastated Niger Delta Community’s Waters
[Premium Times] Since the late 1980s, repeated oil spills have devastated Ogale's natural environment, eroding its once-rich biodiversity and natural capital.
Liberia: Why the Senate Must Reject the Production Sharing Contracts Between the Governrnent of Liberia and Oranto Petroleurn
[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.