Industry

By William Emmanuel UkpojuNigeria stands at a pivotal moment in its development journey. With Africa’s largest population and one of its most dynamic economies, it has immense potential to become a continental industrial powerhouse.…
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By William Emmanuel UkpojuNigeria, Africa's largest oil producer, has long depended on its vast petroleum resources to drive economic growth and development. However, in recent years, the country's oil sector has faced significant…
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By Ese UfuomaIn a country that exports millions of barrels of crude oil daily, it’s hard to believe that fuel scarcity can still bring everyday life to a halt. Yet, Nigeria has faced just that: long queues at filling stations, rising…
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By Ese UfuomaNigeria is once again opening its doors to global investors with the launch of its 2025 oil licensing round, but this time, with a sharper focus, the spotlight is on underdeveloped oil blocks. It’s a strategic move aimed…
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The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has been appointed into the Executive Board of the African Petroleum Producers’ Organization (APPO). By the…
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President Bola Tinubu has endorsed an executive order highlighting a performance-driven framework for oil sector operators, designed to link tax incentives directly to verifiable cost savings. Under the new Upstream Petroleum…
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Recent comments made by the Chairman of BUA Group, Alhaji Abdul Samad Rabiu, have stirred debate regarding the revocation of his company’s concession at the Rivers Port Terminal B in Port Harcourt. In a widely circulated article,…
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(AFRICAN EXAMINER) – President Bola Tinubu signed the “Upstream Petroleum Operations (Cost Efficiency Incentives) Order, 2025”, to end the high operating costs in the Nigerian oil and gas sector, compared to global average. This is…
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Crude oil prices are set for another weekly decline following news that OPEC+ was planning to boost production by another 411,000 barrels daily in July. Meanwhile, a court ruling that blocked Trump’s tariffs has been paused after…
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Host communities in the Niger Delta region have threatened to ground Nigeria’s crude oil production over a prolonged dispute with Nigerian National Petroleum Company Exploration & Production Limited (NEPL) and its partners. …
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