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Petroleum industry analysts forecast a positive turn for Nigerian oil and gas in 2023, with onshore volume recovery, incremental growth from shallow water projects, and discernible increases in onshore drilling activity ...

Further to the release of the Flare Gas (Prevention of Waste and Pollution) Regulations, 2018 and the subsequent re-launch of the Nigerian Gas Flare Commercialisation Programme ("NGFCP")

Over the years, exploration and production (“E&P”) companies have relied on a range of traditional financing mechanisms to fund acquisitions and develop projects. Among these mechanisms, Reserve-Based Lending (“RBL”) has emerged as a distinctive and increasingly utilised financing option within the oil and gas industry.

Nigeria is rapidly emerging as a key destination for investors in the global minerals market. With rich deposits of lithium, gold, tin, and other critical minerals, the country offers significant opportunities...

As the 30th United Nations Climate Change Conference (COP30) convenes in Belém, Brazil, it presents an opportunity to examine Nigeria's legal and policy measures relevant to clean-energy and climate-aligned activities.

As well as facilities to fund the development of oil and gas assets, a significant number of facilities were provided to Nigerian companies to finance their acquisition of oil and gas assets.

Monthly updates on Nigeria’s petroleum, mining, electricity and renewable energy sectors

The petroleum industry plays a crucial role in global energy production, economic development, and societal progress. However, the extraction, processing...

A Free trade zone is a distinct economic zone in the country that confers special privileges in relation to trade and business policy for companies carrying on business within that zone, especially in the area of taxes.

On 3rd September 2024, the Federal Government of Nigeria (FGN) issued the Value Added Tax (Modification) Order, 2024 (the Order), in its Official Gazette No. 149, Vol. 111 of 3rd September 2024...

The Petroleum Industry Act (PIA) 2021 marked a historic milestone in the reform of Nigeria's oil and gas sector, promising transparency, accountability, and efficiency.

On 9th October 2025, the Corporate and Commercial Group ("CCG") team of Advocaat Law Practice hosted a critical webinar titled ‘Nigeria's Landmark Tax Reforms 2025: Legal, Business, and Investment Implications.'

The Nigerian government embarked on a transformative journey by conducting an extensive review of the Electricity Power Sector Reform Act (EPSRA) 2005. This comprehensive evaluation...

The Federal Government has launched Nigeria's first formal gas trading system, introducing a Gas Trading Licence alongside a Clearing House and Settlement System to establish a transparent, regulated gas market.

The demand for energy globally is growing faster than the installed energy generation capacity. This energy deficit may further increase as economies reopen and recover from the effects of the COVID-19 pandemic.

Of the many challenges that have stultified the development of the Nigerian Electricity Supply Industry (NESI), illiquidity remains the most significant.

This publication provides a summary of some of the Regulations and Guidelines issued by the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA or "the Authority"), in line with the provisions of sections 32(a) and 33(b) and (v) of the Petroleum Industry Act (PIA).