Nigeria's dilemma
The economy is struggling, investors are nervous and a ceasefire in the Delta seems to be over, threatening production
A ceasefire announced in August by militants in the Niger delta and higher oil prices have brought optimistic noises from Nigeria's government about raising oil output at the end of a disastrous year. Some progress is plain. But a full recovery is some way off, and threats are re-emerging. Another outbreak of violence has brought an end to the ceasefire in the Delta. The economy in such a mess that the government has mooted selling off prized oil assets-while at the same time suing the international oil firms that might buy them. The oil industry is still far from solid ground. Emmanuel Kachikwu, Nigeria's oil minister, insists output has been rising since militants from the Niger Delta Aven
Also in this section
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond






