Tinubu signs executive order to enhance cost efficiency, attract oil and gas investments

In a bold move to boost the nation’s oil and gas sector, President Bola Ahmed Tinubu has announced the Upstream Petroleum Operations Cost Efficiency Incentives Order (2025). This new Executive…

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Petrobras eyes return to Nigeria’s oil sector as economic reforms gain momentum, Says VP Shettima

Vice-President Kashim Shettima has announced that Petrobras, Brazil’s state oil company, is seeking to re-enter Nigeria’s oil sector, specifically targeting frontier deepwater acreage. In a statement released on Wednesday, Shettima…

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Tinubu appoints Kida, Ojulari new NNPC leaders | Sacks long time friend as chairman

In a significant move, President Bola Ahmed Tinubu has reconstituted the Nigerian National Petroleum Company (NNPC) Limited board, appointing a new chairman and group CEO. According Bayo Onanuga, presidential spokesperson,…

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