The Incorporated Trustees of HEDA Resource Centre has dragged Federal Government, multinational oil companies and Nigerian government agencies before the Federal High Court in Lagos, challenging the legality of...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is committed to the effective implementation of the Petroleum Industry Act (PIA 2021) for the sector to contribute more to the national economy.
The Nigerian National Petroleum Company Limited (NNPCL) has denied reports that it failed to remit $15 billion in oil revenues into the Federation Account.
Ms Funmi Ogbue, an oil and gas expert, has advised African countries to encourage more participants to invest in the upstream sector amidst divestments by the International Oil Companies (IOCs).
Oil prices are rising despite concerns about Trump imposing tariffs on trading partners and talk of a peace deal between Russia and Ukraine.
Oil prices...