Tags

Nigeria orders NNPC to remit more oil, gas revenue to state accounts in major fiscal reform

Nigeria is moving to channel a larger share of oil and gas revenue into state coffers as part of broader fiscal reforms aimed at strengthening public finances and improving transparency in the upstream sector.  Under a new directive signed this month, all income from production-sharing contracts will be paid into the Federation Account rather than being […]

TotalEnergies Outlines Strategy for Nigeria’s Oil, Gas Production Growth, Electricity Expansion

TotalEnergies EP Nigeria Limited, the upstream arm of TotalEnergies companies in Nigeria, has reaffirmed its commitment to expanding Nigeria’s energy supply through a strong focus on growing the country’s oil and gas production and expanding electricity generation while reducing the carbon intensity of its operations.