Buhari’s Delta gamble
Fresh violence in Nigeria’s oil heartland is cutting output and threatening upstream investment
AFTER several years of relatively subdued activity, violence in the Niger Delta has erupted again, escalating beyond a spate of attacks on oil pipelines to an assault on a Chevron-owned oil platform in early May. Oil production has been badly hit and producers must once more review their strategies in the region. The upsurge in unrest followed a change of tone in government relations with militants in the Niger Delta – the heart of the country’s oil industry – who have waged a decades-long campaign to win a greater share of the country’s oil wealth for their still largely impoverished region. President Muhammadu Buhari, who came to power after last year’s elections, has kept in place some fi
Also in this section
8 December 2025
The Caribbean country’s role in the global oil market is significantly diminished, but disruptions caused by outright conflict would still have implications for US Gulf Coast refineries
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future






