660 results found

An effective legal framework for Carbon Capture and Storage (CCS) must address the lifecycle of a storage project, from authorisation and site selection to injection, monitoring, closure and long-term responsibility for stored carbon dioxide. Different jurisdictions have adopted various approaches to regulating these activities, and a comparative analysis of their approaches can help in identifying mechanisms that may be adapted to suit Nigeria’s legal and institutional context.

Nigeria's electricity sector is undergoing significant transformation as Lagos State moves toward a cost-reflective market and NERC introduces enhanced safety and metering regulations. These developments signal a shift toward greater state autonomy in electricity regulation, stricter compliance requirements, and improved consumer protection across the power value chain.

This update provides an overview of recent key regulatory and market developments in Nigeria's power sector. Recent developments include continued legislative activity on the Electricity Act (Amendment)...

From relying on coal energy for food preparation during the ancient times to employing hydrocarbon and hydrogen to fuel cars and provide electricity to meet household and industrial needs in the 21st century, energy has remained a constant feature of economic growth and social welfare.

Nigeria's nascent power sector brings flashes of it's communication sector, where the strive of NITEL and the invite for private parties led to exponential growth in the sector.

The Nigerian economy is heavily driven by fossil fuels and hydrocarbons, despite its net-zero and decarbonisation targets for 2060. This creates a dilemma, given the difficulty of reducing emissions while existing hydrocarbon infrastructure remains economically significant

Unlocking Nigeria's hydrocarbon potential: insights into the upcoming 2024 and reopened 2022 Nigerian oil licensing rounds.

President Bola Ahmed Tinubu (the "President") has reconstituted the board of the Nigerian National Petroleum Company Limited (NNPCL)

This paper examines emerging arbitration and dispute trends in the gas sector, the enforcement challenges faced when striving to enforce arbitral awards against state entities and national oil companies, and lessons from landmark international cases.

The Nigerian Upstream Regulatory Commission is a body of the Federal Government of Nigeria established via the Petroleum Industry Act 2021 saddled...

Breach of duty of care in negligence occurs when a duty of care exists and was not followed. Breach of duty of care is an important component in negligence cases...

Nigeria's 2025 Petroleum Licensing Round offers 50 blocks across the Niger Delta, deep offshore, and frontier basins, targeting USD 10 billion in investment under the Petroleum Industry Act. With nearly 300 applicants competing, the round represents the most ambitious upstream acreage release in Nigeria's post-PIA era, testing the country's reformed regulatory framework at unprecedented scale.

The COP28 United Nations Climate Change Conference ended on a historic note as representatives of nearly 200 nations unanimously reached a pact to completely "phase out" the use of oil...

In Part 1 of this 2-Part Series (Part 2 publishes tomorrow), we examine Nigeria's US$750 billion solid minerals sector which is fast becoming Africa's next frontier.

The year 2024 marked a pivotal moment for Nigeria's Power Sector. The Sector witnessed sweeping reforms aimed at repositioning it for growth and sustainability.

Following the enactment of the Electricity Act, 2023 (the "Electricity Act"), and the Fifth Alteration to the Constitution of the Federal Republic of Nigeria, 1999, the Nigerian Electricity Supply Industry ("NESI") and ultimately, the electricity sector has undergone significant reform.

Nigeria's ongoing 2025 Petroleum Licensing Round represents the most ambitious upstream acreage release under the Petroleum Industry Act, 2021 (PIA).

The Electricity Act, 2023 (the "Act") was signed into law on the 8th day of June 2023 by the President of the Federal Republic of Nigeria.