Channels Television
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Why Is Brazil's Oil Giant Coming Back To Nigeria?
Posted
August 27, 2025
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August 27, 2025
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10:26Now PlayingNigeria’s Oil And Gas Industry Is At An Important Inflection Point. After Years Of Battling Declining Output, Oil Theft, And Underinvestment, Recent Developments Are Reshaping The Narrative. The Nigerian National Petroleum Company (NNPC) Has Declared Pipeline Theft Nearly Eliminated, Creating Renewed Optimism That Production Could Rise Above 2.5 Million Barrels Per Day. At The Same Time, Reforms Under The Petroleum Industry Act And New Cost-Efficiency Orders Are Beginning To Attract Investor Interest.
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