Why Oil Companies Are Leaving Nigeria – PENGASSAN
Oil companies are steadily pulling out of Nigeria, and PENGASSAN, the union for senior oil and gas workers, says worsening insecurity is the main reason. On Monday, the group raised concerns that even with the Federal Government’s new efforts to lower costs, the real problem—violence and insecurity, especially in river areas—remains unresolved. They believe insecurity […]
Nigeria unveiling multi-billion-dollar investment in local content oil, gas opportunities – Lokpobiri
Nigeria is taking major steps to boost local participation in its oil and gas industry. At the 2025 Nigerian Oil and Gas Opportunity Fair (NOGOF) in Bayelsa, Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), announced exciting new investment opportunities worth billions of dollars, focused on local content across the entire oil and […]