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Recent developments in Nigeria's Oil and Gas Industry have set the stage for the entrance of new local and international players into the sector.

Nigeria now refines more petrol at home than at any point in its history, and the NMDPRA is still issuing import licences. On 28 September 2026, the Federal High Court in Abuja went further, ordering the regulator to keep granting petrol import licences to three major marketers. For refinery investors, that raises a pointed question: does the Petroleum Industry Act (PIA) protect local refineries from imported fuel at all? The answer sits in Section 317.

On March 17, 2023. the Deputy Speaker of the House of Representatives announced that former President Muhammed Buhari has signed 16 Amendment Bills into law.

About eighty (80) million Nigerians are not connected to the grid, and an estimated cost of $91 billion is required for grid extension to them.

The passage and signing of the highly anticipated Petroleum Industry Act is a watershed moment in the oil and gas sector and stakeholders, albeit in the private or public sector, will be affected by its wide provisions.

In 2023, the Nigerian government established the Ministry of Marine and Blue Economy, a long-anticipated step toward harnessing the country's vast maritime potential

Nigeria as we saw in the last part of this series is endowed with vast and varied natural resources which can be used to produce green energy.

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 set to potentially offset ...

The Nigerian Electricity Regulatory Commission (NERC) recently disclosed that power generation companies (GenCos) have received less than 40% of the value of their 2024 invoices.

This Stakeholders' Report outlines key regulatory changes relevant to Oil & Gas Companies covering the period from January 2025 to December 2025.

Renewable energy is the energy derived from natural sources that are replenished at a higher rate than they are consumed.

According to the United Nations Environment Programme (UNEP) in its 2022 emissions gap report, global emissions within the last decade are higher than has ever been historically recorded.

The new Petroleum Industry Act 2021 which was recently assented and signed into law by the President of the Federal Republic of Nigeria on August 16th, 2021 to repeal the...

On 29th April 2024, the Nigerian Electricity Regulatory Commission issued the NESI Interim Order on Transmission System Dispatch Operations, Cross-Border Supply...

From 2023 to 2024, businesses in Nigeria have experienced a rather neck-twisting and challenging landscape marked by a sequence of divestment and exit of multinational companies across various sectors.

Once this transfer is completed, NERC is stripped of regulatory responsibility for electricity market activities within that state. The State regulator will issue a license to the subsidiary...

The economic outlook for Africa’s largest economy appears to be gloomy occasioned by the recent free fall in oil prices.

The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that it is in advanced discussions with a Chinese petrochemical company over an equity partnership to revive one of its underperforming refineries.