The world is moving away from oil. The age of renewable energy is coming. If we do not build our own refineries, our own factories, and...
Since Aiteo assumed operatorship of OML 29 in 2015 following divestment by Shell Petroleum Development Company, the region has witnessed multiple spill incidents affecting both terrestrial...
Oil prices will not stay high forever. They never do. This moment will pass. The windfall will disappear. The opportunity will close. What will remain is...
The Seven Sisters represent a pivotal chapter in the history of the oil and gas industry. Their dominance shaped global energy markets, influenced international legal frameworks,...
What it lacks is not oil, but the systems to fully claim it. Until those changes, the pattern will repeat itself. The Strait will stir, markets...
PINL says Nigeria lost $226.7bn after 96 oil wells in Ogoniland were shut for 33 years over unrest and environmental concerns.
OPEC says Nigeria produced 1.38m bpd in March, below its quota. Industry eyes 3m bpd target amid reforms and investments.
Oil rebounds past $100 as US–Iran negotiations fail. Analysts predict higher petrol prices and global market volatility.
Global markets rose sharply while oil prices fell nearly 20% after the US and Iran reached a ceasefire deal and reopened a key oil route.
The unfolding geopolitical crisis may once again deliver extraordinary revenue to Nigeria. But whether that revenue becomes a blessing or another squandered opportunity will depend entirely...