Investors may be pushing for well-structured upstream assets in Africa as Chappal Energies’ closed a combined $430 million reserve-based The post Oil firm secures $430m RBL financing amid tight capital markets appeared first on The Guardian Nigeria News – Nigeria Read More
Senate must match security effort with justice, says HEDA
The Human and Environmental Development Agenda (HEDA Resource Centre) has called on the Nigerian Senate to extend its ongoing efforts to combat crude oil theft by holding International Oil Companies (IOCs), particularly Shell and Eni,… The post Senate must match Read More
FG urges oil giants to ramp up investments in Nigeria’s oil sector
The Federal Government has called on International Oil Companies (IOCs) to significantly increase their investments in Nigeria’s oil and gas industry, stressing that the administration of President Bola Tinubu has already provided the necessary incentives to ensure a seamless and Read More
How indigenous producers can navigate onshore challenges
As independent oil producers intensify and strengthen their footprints in the onshore segment of Nigeria’s upstream petroleum sector, stakeholders have hinted at options to curb the rising challenges that may hamper the sustainability of their operations. The post How indigenous Read More
Opportunities in IOCs’ divestiture for local capacity development
Almost 66 years after commercial oil discovery in Oloibiri Oilfield, the current wave of divestment hitting the nation’s oil and gas industry has been deemed necessary to allow smaller entities contribute to economic activities… The post Opportunities in IOCs’ divestiture Read More