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TINUBU APPROVES FRAMEWORK TO UNLOCK $50BN DEEP OFFSHORE INVESTMENT By: Safiya Abdulrahim Dabban President Bola Ahmed Tinubu has approved a new investment framework aimed at attracting up to $50 billion in fresh deep offshore oil and gas investments and reviving major projects
WEST AFRICAN COUNTRIES URGED TO INVEST IN OIL AND GAS INFRASTRUCTURE By: Safiya Abdulrahim Dabban The West Africa Regulatory Forum (WARF) has urged countries in the region to jointly invest in infrastructure and improve operations in the oil and gas sector to
NUPENG FLAGS RISING JOB LOSSES, RIGHTS VIOLATIONS IN OIL SECTOR By: Safiya Abdulrahim Dabban The Nigeria Union of Petroleum and Natural Gas Workers has raised concerns over increasing job losses and alleged suppression of workers’ rights in Nigeria’s oil and gas industry.
NORWAY OIL EXPORTS HIT RECORD HIGH AS IRAN WAR SHAKES GLOBAL SUPPLY By: Safiya Abdulrahim Dabban Norway’s oil export earnings surged to a record level as the Iran war and disruption of the Strait of Hormuz triggered a sharp rise in global
TINUBU URGES HOPE AS FUEL PRICE HIKE BITES HARD By: Safiya Abdulrahim Dabban Bola Tinubu has admitted that rising fuel prices are hitting Nigerians hard but urged citizens to stay hopeful, saying the country is still better off compared to others. Speaking
TINUBU ORDERS DIRECT REMITTANCE OF OIL, GAS REVENUES TO FEDERATION ACCOUNT By: Safiya Abdulrahim Dabban Bola Ahmed Tinubu has signed a sweeping Executive Order mandating the direct remittance of oil and gas revenues to the Federation Account, aiming to plug leakages, boost
RMFAC FLAGS OFF COORDINATES PLOTTING OF DISPUTED OIL AND GAS WELLS By: Safiya Abdulrahim Dabban The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has flagged off the plotting of coordinates for disputed and newly drilled oil and gas wells across affected oil-producing
REPS LAUNCH PROBE INTO OIL SECTOR DECOMMISSIONING COMPLIANCE By: Safiya Abdulrahim Dabban The House of Representatives has inaugurated an ad hoc committee to investigate how petroleum companies are complying with decommissioning and abandonment rules under the Petroleum Industry Act (PIA). Speaker Abbas