Tag: oil and gas investment

NNPC sets to increase gas supply by 1.8bcf/d in 2026 to meet booming domestic demand

Business Damilola Bayonle -
NNPC to boost gas supply by 1.8bcf/d as Nigeria faces rising domestic energy demand The Nigerian National Petroleum Company Limited...

NNPC unveils new gas master plan, targets 12bcf/d output, and $60bn investments by 2030

Business Damilola Bayonle -
Nigeria has taken another decisive step towards repositioning its energy sector as the Nigerian National Petroleum Company Limited (NNPC...

50 Oil blocks up for grabs in 2025 NUPRC petroleum licensing round

Business Damilola Bayonle -
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially launched its 2025 petroleum licensing round, putting 50 oil and...

NUPRC approves $20bn field development plans in 10 months as Nigeria targets higher oil output

Business Damilola Bayonle -
A renewed effort to revitalise Nigeria’s upstream petroleum sector, the Nigerian Upstream Petroleum Regulatory Commission has approved about $20bn...

African Energy Chamber Champions Gas-Driven Industrialization at Gas Investment Forum in Lagos

Business Damilola Bayonle -
LAGOS, Nigeria, October 15, 2025 q- The African Energy Chamber (AEC) (https://EnergyChamber.org/) has reiterated the transformative role of gas...

OPEC and African Leaders Unite at African Energy Week 2025 to Shape Continent’s Energy Future

Business Damilola Bayonle -
CAPE TOWN, South Africa, September 26, 2025 - A landmark dialogue between the Organization of the Petroleum Exporting Countries...

Oil sector at risk as policy unstability worries investors – PENGASSAN

Business Damilola Bayonle -
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has cautioned the Federal Government that frequent policy...

FG Earns N5.21tn from Oil Sales in First Half of 2025

Business Damilola Bayonle -
The Federal Government of Nigeria generated an impressive ₦5.21 trillion from crude oil, gas, and associated petroleum activities in...