Major new fees face IOCs in Nigeria

Major new fees face IOCs in Nigeria

Oil companies have become the target of the government’s efforts to boost the country’s badly needed revenues. A new review of drilling and production regulations is set to place additional financial burden on those operating in the country.  New Total-operated...
Nigeria – Latest news

Nigeria – Latest news

The relationship between President Muhammadu Buhari and his deputy, Vice President Yemi Osinbajo appears to be continuing to deteriorate despite both men doing everything possible to put on the appearance that nothing has changed. This has been illustrated by the...
Timipre Sylva, in the spotlight

Timipre Sylva, in the spotlight

Timipre Sylva — the new minister of state (or deputy minister) at the Department of Petroleum Resources (DPR) — has taken on his responsibilities at a time when Nigeria wants to boost production and revenues against a backdrop of heightened oil market uncertainty. In...
Buhari’s Niger Delta strategy

Buhari’s Niger Delta strategy

Buhari’s Niger Delta policy may stoke militancy activity in the region President Muhammadu Buhari’s latest ministerial appointees are set to make the Niger Delta states — Nigeria’s oil rich southern region — a political battlefield. Ministers from the region...