Nigeria: delta of trouble
Nigeria planned to clean up its oil sector and increase production, but the optimism is fading
WHEN Muhammadu Buhari assumed Nigeria's presidency for the second time in May 2015, many hoped his new broom would sweep aside the problems dogging the oil and gas sector's development. An overhaul of the industry's organisational and investment frameworks and a serious push to tackle the causes of instability in the industry's Niger delta heartland were at the top of his agenda. Just over a year on, progress has been patchy. New militant groups are now bombing oil and gas installations in the delta, cutting supply drastically, while the long-delayed Petroleum Industry Bill (PIB), intended to redefine the state's relationship with its partners in the energy sector, remains where it was - b
Also in this section
18 June 2025
Egypt’s government was already preparing for potential energy shortages this summer, and the loss of Israeli gas supply has made things worse
18 June 2025
Eni is joining the first phase of the 30mt/yr ARGLNG, while consortium behind the smaller Southern Energy LNG has reached FID
17 June 2025
Israel’s attack on Iran caught oil firms with low inventories due to their efforts to protect themselves from falling prices, creating a perfect storm
17 June 2025
Sound development planning is essential in this diverse and rapidly evolving region
