Air cargo reforms signal push for non-oil exports
Nigeria is focusing on enhancing non-oil exports through air cargo reforms aimed at improving infrastructure and revenue generation.
NUPRC courts global investors with PIA reforms, 2025 licensing round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is inviting global investors to participate in Nigeria's upcoming 2025 oil and gas licensing round, emphasizing the investor-friendly changes brought by the Petroleum Industry Act (PIA).
CBN reforms, rising oil prices lift FX fortunes
Nigeria's foreign exchange market is improving due to Central Bank reforms and rising oil prices, enhancing the naira's value and strengthening external reserves.
Nigeria saved N6 trillion through downstream oil reforms – FG
Nigeria has saved N6 trillion thanks to reforms in its downstream oil sector, aimed at reducing reliance on imported petroleum products, as stated by Saidu Mohammed during the 2026 Nigerian International Energy Summit.
Rodriguez announced reforms: New foreign investments in the energy sector will be enabled
Interim President of Venezuela, Delcy Rodriguez, introduced a legislative initiative aimed at strengthening the oil industry by allowing new foreign investments in the energy sector.
Venezuela seeks investments in oil. Revenues promised to be directed to healthcare
Venezuelan interim president Delcy Rodriguez has proposed legislative reforms to attract foreign investments in the oil sector, with a commitment to directing revenues towards healthcare initiatives.
Venezuela's president who replaced Maduro: There is no need to fear diplomacy with the US
Venezuela's acting president, Delcy Rodriguez, urged parliament members to approve reforms in the oil industry aimed at attracting more foreign investments during her first state of the nation address following Nicolas Maduro's capture by the US.