The Organisation of Petroleum Exporting Countries plus (OPEC+) coalition’s Joint Ministerial Monitoring Committee (JMMC) recommended no changes to the group’s output policy at its meeting yesterday. The JMMC, which is made up of key OPEC+ ministers, is not a decision-making body, but it can make recommendations based on its assessment of the oil market and […]
The Nigerian government has announced a mini-bid round for seven oil blocks. This is coming six months after the government, through the Nigerian Upstream Petroleum Regulatory Commission.
Amidst uncertainties facing the upstream segment of the Nigerian petroleum industry, the Federal Government, yesterday in Abuja, announced that fresh regulations are being considered to address key issues in the sector.
While many oil and gas producing countries are maximizing the present global crisis to improve output and revenue, rising pipeline sabotage and insecurity in the Niger Delta