Nigerian Oil and Gas Industry

Energy

Foreign investment in Nigeria’s oil and gas sector falls to zero in Q2 2023

The Nigerian oil and gas industry was totally sidelined by foreign investors in Q2 2023 for the first time on record, as the once lucrative sector attracted no capital inflow in the review quarter.

Research Team · Oct 27, 2023 3 min

Energy

Oil and Gas industry tops bank credit allocation for 2021 – NBS

In the report, credit allocations for the oil and gas industry were at N11.97 trillion

Omono Okonkwo · Oct 12, 2022 4 min

Energy

General Hydrocarbons Limited awards $96mn drilling contract to Dolphin Drilling

Nigeria’s vast population and high dependence on oil and gas have made upstream companies commercially successful

Omono Okonkwo · Oct 6, 2022 2 min

Energy

Consensus in pricing of natural gas is key to driving growth investments – NGA

Joe-Ezigbo explained that the true wealth of Nigeria is in how extensively it is able to apply its resources towards value-added processes in various sectors.

Abiola Odutola · Jan 7, 2021 3 min

Corporate Updates

Post-COVID-19: Nigeria Needs to Design and Improve its Current Business Continuity Strategy – Abdullahi Haske

When there is oil price crash, investments in the sector will be affected, especially the capital projects.

Abiola Odutola · Jun 19, 2020 9 min

Business News

Why Nigeria’s crude oil reserves dropped to 36.97 billion barrels

According to a new report by the Organisation of Petroleum Exporting Countries, Nigeria's crude oil reserves fell by...

Charles Abuede · Jun 16, 2019 3 min