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AKK pipeline reaches Abuja as NNPC eyes inauguration
The Ajaokuta-Kaduna-Kano gas pipeline has reached Abuja, with the Nigerian National Petroleum Company Limited targeting phased commissioning of the major gas project later this year.
Read MoreNigeria eyes $50bn from 22 offshore oil, gas projects
Nigeria is positioning itself for a fresh wave of upstream investment, with 22 major offshore oil and gas projects expected to attract between $30 billion and $50 billion in investments over the next five years, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed.
Read MoreNLNG, CORA celebrate 11 poets on Nigeria Prize longlist
The Nigeria LNG Limited, in partnership with the Committee for Relevant Art, on Sunday celebrated the 11 poets longlisted for the 2026 edition of The Nigeria Prize for Literature at the annual CORA Book Party held in Lagos.
Read MoreSPE sees Nigeria hitting 3mbpd oil output by 2030
Nigeria’s oil and gas industry is regaining global investor confidence as reforms, transparent licensing rounds and accelerated gas development reposition the country as an attractive investment destination towards the prospects of achieving three million barrels of oil production per day by 2030, the Society of Petroleum Engineers (SPE) Nigeria Council has said.
Read MoreNigeria earns N24tn from crude exports in six months
Nigeria exported an estimated 182.2 million barrels of crude oil worth N24.02tn in the first half of 2026, as elevated international oil prices lifted the value of the country’s crude shipments despite concerns over inadequate feedstock for domestic refineries.
Read MoreIdris: Nigeria Will Deploy Gas as Catalyst for Industrial Growth
Nigeria will deploy its over 200 trillion cubic feet of natural gas reserves as a catalyst for industrial growth, the Minister of Information and National Orientation, Mohammed Idris has declared, stressing that the quantity of gas reserves in the country ranks the nation among the largest in Africa.
Read MoreNigeria’s gas ambitions should begin at home
In 2021, Nigeria declared a Decade of Gas, positioning natural gas as the bridge fuel for industrialisation and the centrepiece of its energy strategy. The ambition was, and remains, the right one. With more than 200 trillion cubic feet of proven reserves, Nigeria possesses Africa’s largest gas endowment and one of the world’s most significant untapped energy resources.
Read MoreNigeria retains Africa’s upstream investment lead despite capital decline
Nigeria has retained its position as one of Africa’s dominant oil and gas investment destinations despite a sharp decline in upstream capital flowing into the continent, with the International Energy Agency revealing that the country and four other major producers still account for 70 per cent of Africa’s upstream investment and 80 per cent of its crude oil and gas production.
Read MoreUS-Iran war: Nigeria tops Africa in petrol price surge
Nigeria recorded the sharpest increase in petrol prices across Africa during the first half of 2026, with pump prices surging by 39.5 per cent as the Middle East conflict disrupted global crude oil supplies.
Read MoreNLNG eyes Trains 8-10, generates $150bn revenue
NLNG has unveiled plans to expand its liquefied natural gas (LNG) production beyond the ongoing Train 7 project, announcing that it has begun preliminary work on Trains 8, 9 and 10.
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