Oil Investment Window Narrowing, TotalEnergies Calls For Accelerated PIA Implementation

Second biggest oil producing firm in Nigeria, TotalEnergies E&P Nigeria Limited, has declared that the window for investments into fossil fuels in the country is narrowing, urging the Nigerian government to give the Petroleum Industry Act (PIA) an accelerated implementation. Managing Director of the company, Mr. Mike Sangster, who declared this at the Pre-conference Workshop of the Nigerian Adsociation of Petroleum Explorationists (NAPE) 39th conference in Lagos, stated that Nigeria may not have much choice over the speed and velocity of the energy transition. “Nigeria may not have much choice…

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