Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 20 JANUARY 2026

Energy Insights: The Quarterly

Stren and Blan Partners
Stren and Blan Partners
Contributor
Stren and Blan Partners

Stren and Blan Partners

Stren & Blan Partners is an innovative and dynamic law firm with a compelling blend of experienced...

View firm profile
Explore more from Stren and Blan Partners

The fourth quarter of 2025 marked a defining period for Nigeria's energy sector, shaped by upstream portfolio realignments, deeper implementation of the Petroleum Industry Act (PIA), and tangible progress...

NigeriaEnergy and Natural Resources
Stren & Blan Partners
Stren & Blan Partners

Executive Summary

The fourth quarter of 2025 marked a defining period for Nigeria's energy sector, shaped by upstream portfolio realignments, deeper implementation of the Petroleum Industry Act (PIA), and tangible progress in the country's energy transition. Developments during the quarter underscored a sector navigating structural change while consolidating operational stability.

A key highlight of the quarter was the completion of TotalEnergies' divestment of its 12.5 per cent non - operated interest in Oil Mining Lease 118, which is home to the Bonga deepwater field, for approximately USD 510 million. The acquisition by Shell Nigeria Exploration and Production Company ( SNEPCo ) and Nigerian Agip Exploration Limited reinforced the accelerating exit of international oil companies from mature and non - operated assets.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Nigeria Local Content Law: Guide For Foreign Oil & Gas Firms

Nigeria's oil and gas sector offers significant investment opportunities, but foreign companies must navigate one of Africa's most comprehensive local content regimes. Understanding the Nigerian Oil and Gas Industry Content Development Act 2010 and its enforcement mechanisms is essential for lawful market entry, contract awards, and sustainable operations in this resource-rich jurisdiction.
NigeriaEnergy and Natural Resources
Adeola Oyinlade & Co
Adeola Oyinlade & Co
Article

The Legal Status Of Gas Flaring After The Petroleum Industry Act 2021: Is Routine Flaring Still Indirectly Legal In Nigeria

Gas flaring has been a source of pollution in the Niger Delta region for more than six decades, polluting the atmosphere the soil, and eroding the lives of communities living in one of the most oil-rich regions in Africa. The Nigerian government's efforts at solving this environmental problem have been characterized by delay and capture. The enactment of the Petroleum Industry Act 20212 represents the most ambitious legislative attempt yet to bring routine flaring to an end, through an explicit statutory prohibition, mandatory monetisation planning, and a new institutional architecture anchored around the Nigerian Upstream Petroleum Regulatory Commission.
NigeriaEnergy and Natural Resources
SPA Ajibade & Co
SPA Ajibade & Co
Article

The Conversion And Renewal (Licences And Leases) Regulations 2026: Closing The Gaps In Nigeria's Post-Pia Upstream Licensing Framework

The Petroleum Industry Act 2021 ("PIA") has fundamentally restructured Nigeria's upstream petroleum licensing framework. Among other reforms, it replaced the previous licensing regime of the Petroleum Act (PA) and changed the licence type nomenclature with the introduction of the Petroleum Exploration Licence (PEL), Petroleum Prospecting Licence (PPL), and Petroleum Mining Lease (PML).
NigeriaEnergy and Natural Resources
Compos Mentis Legal Practitioners
Compos Mentis Legal Practitioners
Article

From Consumer To Prosumer: What Nigeria’s 2026 Net Billing Regulations Mean For Businesses Investing In Solar

Nigeria's 2026 Net Billing Regulations represent a transformative shift in the country's energy landscape, enabling businesses to transition from passive electricity consumers to active prosumers who can generate, consume, and sell solar power back to the grid. This regulatory framework introduces new opportunities and considerations for commercial entities looking to invest in renewable energy infrastructure. Understanding the legal and operational implications of these regulations is crucial for businesse
NigeriaEnergy and Natural Resources
Advocaat Law Practice
Advocaat Law Practice
Article

Dangote’s Fresh Suit Against The Federal Government: Tensions In Nigeria’s Midstream And Downstream Petroleum Sector Continue

The Dangote Petroleum Refinery has filed a lawsuit against Nigeria's Federal Government challenging petroleum import licences issued by the regulatory authority, claiming they violate court orders and undermine domestic refining capacity. With the refinery supplying over 81% of national fuel demand in early 2026, this legal battle raises critical questions about Nigeria's path to energy independence and the balance between supporting local production and maintaining competitive fuel markets. The outcome cou
NigeriaEnergy and Natural Resources
Tope Adebayo LP
Tope Adebayo LP
Article

Nigeria’s Lithium Boom: Mineral Ownership, Mining Licences, Land Rights, And How To Mine Them Legally

Nigeria has confirmed world-class mineral deposits including lithium reserves estimated at 3.3 million tonnes near Abuja, but a critical legal reality complicates extraction: under Nigerian law, minerals belong to the Federal Government regardless of land ownership. This creates a complex regulatory landscape where investors must navigate federal mineral rights, state surface rights, community development agreements, and a tiered licensing system that has already seen over 3,000 titles revoked for non-compl
NigeriaEnergy and Natural Resources
Olisa Agbakoba Legal (OAL)
Olisa Agbakoba Legal (OAL)
Article

2026 Fiscal Policy Measures: Tariff Review, Excise Adjustments, And Trade Policy Updates

The Federal Government of Nigeria has introduced sweeping changes to the country's import tariff structure and excise regime through the 2026 Fiscal Policy Measures, effective from April and July 2026. These reforms, implemented under Nigeria's commitments to the ECOWAS Common External Tariff and the African Continental Free Trade Area, include a revised schedule of 127 tariff lines affecting food products, industrial inputs, and capital equipment, alongside new excise duties and green tax surcharges design
NigeriaInternational Law
Stren and Blan Partners
Stren and Blan Partners
Article

Rev360: What Nigeria’s New Tax Platform Means For Businesses And How To Stay Ahead

Nigeria's tax administration is undergoing a significant transformation with the launch of Rev360, a next-generation revenue platform set to debut on April 30, 2026. This new system promises to revolutionize efficiency, transparency, and taxpayer experience, marking a pivotal shift toward a smarter, more integrated tax infrastructure. Businesses must understand what this platform means for their operations and how to prepare for the changes ahead.
NigeriaTax
Stren and Blan Partners
Stren and Blan Partners
Article

Nigeria’s New Virtual Asset (VA) Tax Regime: Legal And Regulatory Implications For Startups

Nigeria's Revenue Service has issued comprehensive guidelines clarifying how virtual assets are taxed under existing legislation. The framework addresses taxation for individuals and businesses engaged in cryptocurrency trading, virtual asset service providers, and peer-to-peer marketplaces. A notable feature is the requirement to compute gains in US dollars rather than Naira.
NigeriaTax
Stren and Blan Partners
Stren and Blan Partners