Nigeria Needs $6bn in Drilling Equipment to Hit 3 Million BPD Target — PETAN
PETAN has called for innovative financing to help indigenous oilfield service companies acquire the equipment required to support Nigeria’s crude ...
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Tag: #NigeriaEnergy
NMDPRA Ties Petrol Import Licences to Verified Supply Gaps as Local Refining Expands
Nigeria’s petroleum regulator plans to tie petrol import licences to transparent assessments of supply shortfalls as local refineries take a ...
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Shell Agrees to Sell Nigerian Domestic Gas Business to Vaaris Energy
The transaction would transfer Shell’s domestic gas distribution operations to a Nigerian energy company, while the international oil major retains ...
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NUPRC Targets Recovery of 788,000bpd Shut-In Crude, Eyes $50bn Offshore Investments
Upstream petroleum regulator unveils plans to restore dormant production, accelerate drilling approvals and attract major offshore investments to strengthen Nigeria's ...
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NUPRC Recovers Over 50 Dormant Oil Fields, Moves to Enforce Drill-or-Drop Policy
Nigeria's upstream regulator is tightening acreage management rules to prevent operators from holding undeveloped oil assets indefinitely as the government ...
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NNPC Hails $800m Ima Gas FID, Targets 300m Standard Cubic Feet Daily for NLNG
The offshore project involving AMNI International and TotalEnergies will supply feedgas to NLNG's Train 7 expansion as Nigeria seeks to ...
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Fuel Import Dispute Deepens as Court Orders NMDPRA to Keep Licensing Three Marketers
The Federal High Court says the Petroleum Industry Act does not prohibit fuel imports, even as petroleum-sector operators push for ...
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LEKOIL Targets 100,000bpd as Nigerian Oil Producer Moves to Scale Up Assets
Indigenous energy company LEKOIL Nigeria Limited is targeting crude oil production of 100,000 barrels per day, outlining an ambitious expansion ...
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Energia Limited Marks 25 Years of Growth in Nigeria’s Oil and Gas Sector
Indigenous energy firm, Energia Limited, has announced the commencement of activities to mark its 25th anniversary, highlighting a quarter-century of ...
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Nigeria Records Lowest Electricity Tariff Among 14 Selected African Countries in 2025
Nigeria recorded the lowest average electricity tariff among 14 selected African countries in 2025, with an average allowed end-user tariff ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.