The Commission’s reconciled Q2 performance data, covering April to June 2026, showed that volumes offered by producers significantly exceeded the quantities allocated during the period, reaching 69.3 million barrels.
The new framework replaces the previous approach of negotiating incentives on a project-by-project basis with a transparent, rules-based investment architecture intended to provide greater certainty for investors and strengthen Nigeria’s competitiveness for globally mobile capital.
Now in its third edition, the ENERGY TIMES Award is designed to recognise and celebrate individuals and organisations whose work continues to transform the energy sector and improve lives across the country.
The new framework replaces the previous approach of negotiating incentives on a project-by-project basis with a transparent, rules-based investment architecture intended to provide greater certainty for investors and strengthen Nigeria’s competitiveness for globally mobile capital.
Eyesan stated this on Monday while delivering his remarks at the opening ceremony of the 49th Nigeria Annual International Conference and Exhibition (NAICE 2026), organised by the Society of Petroleum Engineers Nigeria Council in Lagos.
Speaking at the opening ceremony of the 49th Nigeria Annual International Conference and Exhibition (NAICE 2026) in Lagos on Monday, Nwaochei said Nigeria's future energy success would depend not only on its abundant natural resources but also on the quality of its leadership, policy consistency, innovation, institutional strength and commitment to partnerships.
Africa’s Global Bank, United Bank for Africa (UBA) Plc demonstrated its commitment to fostering peace and stability across Africa with a landmark donation of...
