Multidisciplinary Studies / Mineral, Petroleum, Energy Economics and Law


Degree awarded:
  • LL.M (Energy Law)
  • LL.M. Energy Law
  • LL.M. Energy Law (EU-ECOWAS)
  • M.Phil
  • M.Phil (EU-ECOWAS)
  • M.Phil Energy Law
  • M.Phil Energy Studies
  • M.Phil/Ph.D
  • M.Sc
  • M.Sc (EU-ECOWAS)
  • M.Sc Energy Studies
  • M.Sc Energy Studies (DAAD)
  • M.Sc.Energy Studies
  • Ph.D
  • Ph.D Energy Law
  • Ph.D Energy Studies
  • Master of Law in Energy Law
  • Master of Science in Energy Studies (Energy and Environment)
  • Master of Science in Energy Studies (Renewable Energy)
  • Master of Science in Energy Studies (Energy Economics)
Field of interest:
  • Economics of the Power Industry
  • Electricity Economics
  • Energy and Environment
  • Energy and the Environment
  • Energy Economics
  • Energy Finance
  • Energy Law
  • Energy Policy
  • Not Applicable
  • Oil and Gas Economics
  • Renewable Energy
Entry requirements:

    General Regulations Governing Admission to Higher Degree Programmes

    • Candidates for admission to higher degree programmes shall normally be graduates of the University of Ibadan or other Universities/Institutions recognised by the Senate. Admission shall be made by the Postgraduate College on the recommendation of the appropriate Faculty Postgraduate Committee.
    • Candidates without any previous higher degrees in the relevant discipline may be admitted only to either the Degree of Master or the Professional Degree of Master.
    • Candidates with recognised “Research Higher” Degree in the relevant discipline may be admitted to the M.Phil or Ph.D. degree programmes as appropriate, on the recommendation of the appropriate Faculty Postgraduate Committee.
    • A candidate admitted to the degree of Master of the University of Ibadan who obtained a weighted average mark of 55.0 – 59.9%, or a CGPA of between 4.0 and 4.9 may be offered provisional admission to the M.Phil./Ph.D programmes. Such candidates shall be assessed within three semesters of full time and four semesters of part time registration for the M.Phil/Ph.D to Ph.D conversion. This shall also apply to students who graduated from other universities    


    • All University of Ibadan graduates should be admitted to Postgraduate programme with the ordinary level criteria existing at the time their first admission. Candidate who did not fulfill the requirements as at the time of their admission are not eligible for consideration.
    • Special consideration may be given to candidates, who obtained their first degree not less than 20 years from the time of seeking admission to any postgraduate programmes. Such candidates must have been found to possess special skills or abilities and professionally or academically engaged during the period of 20 years.
How to apply:
Apply online

Our Mineral, Petroleum, Energy Economics, and Law programme is an interdisciplinary field that focuses on the economic, legal, and policy aspects of the mineral, petroleum, and energy sectors. We provide advanced knowledge and skills to analyze and navigate the complex challenges and opportunities in these industries. Here are a few components in our higher degree in Mineral, Petroleum, Energy Economics, and Law programme:

Energy Economics: 

  • Our students gain a comprehensive understanding of energy markets, energy supply and demand dynamics, energy pricing, and energy policy. They study the economic principles and models relevant to the energy sector and learn how to analyze energy markets, forecast energy prices, and evaluate the economic viability of energy projects.

Mineral and Petroleum Economics:

  • Students explore the economic aspects of mineral and petroleum resource extraction, production, and markets. They study topics such as mineral and petroleum reserves estimation, cost analysis, pricing mechanisms, resource taxation, and economic impact assessments. They also learn about mineral and petroleum project evaluation and investment decision-making.

Energy Policy and Regulation: 

  • Courses in energy policy and regulation exposes our students to the legal and regulatory frameworks governing the energy industry. They learn about energy policies, renewable energy incentives, energy conservation measures, environmental regulations, and the role of government agencies and international organizations in shaping energy policies. They also explore the legal and regulatory challenges associated with energy transitions and sustainability.

Law and Contracts in the Energy Sector: 

  • Students study the legal aspects of the mineral, petroleum, and energy industries. They learn about contracts, agreements, and legal frameworks specific to the sector, including exploration and production agreements, joint venture agreements, and risk-sharing contracts. They also gain knowledge of environmental regulations, land use rights, intellectual property rights, and dispute resolution mechanisms related to the energy sector.

Environmental and Social Considerations: 

  • We address the environmental and social dimensions of mineral, petroleum, and energy development. Students learn about sustainable development principles, environmental impact assessments, community engagement, and corporate social responsibility in the context of resource extraction and energy projects. They explore strategies for mitigating environmental risks, ensuring social equity, and promoting responsible resource management.

Geology and Resource Assessment: 

Students gain a basic understanding of geology and resource assessment techniques relevant to the mineral and petroleum industries. They learn about geological formations, exploration methods, and resource estimation techniques. This knowledge enables them to evaluate resource potential, assess risks, and make informed decisions regarding resource extraction and investment.

Risk Analysis and Management: 

We equip students with risk analysis and management tools and techniques to identify, assess, and manage risks associated with mineral, petroleum, and energy projects. They learn about financial risk analysis, project valuation, decision analysis, and risk mitigation strategies. Students also explore the role of insurance and financial instruments in managing industry-specific risks.

Research and Capstone Projects: 

  • Our programme often include research and capstone projects where students can apply their knowledge and skills to real-world issues in the mineral, petroleum, and energy sectors. This allows them to contribute to the academic knowledge base or work on industry-specific projects under the guidance of faculty members or industry professionals.

Few/Some of the Course Content


LAW 701Energy Law and Policy with Competition Law I
CEE 704Energy Policy and Regulation
CEE 710Energy Technology and Processes
LPI 720Environment and Development Law II
CEE 701Law and Economics I
LAW 706Energy and Climate Change Law and Policy
LAW 708International Business Law and Transactions II
LAW 712Settlement of International Disputes
CEL 706Environmental Law and Policy for Energy I
CEL 716Corporate Social Responsibility
CEL 721Energy law and Contracts and Negotiations II
CEE 715Renewable Energy: Technology, Economics and Policy 
CEL 724Petroleum Taxation and Fiscal Regimes
CEE 701Microeconomics
CEE 702Macroeconomics
CEE 704Energy Policy And Regulation
CEE 709Introduction To Jurisprudence And Legal Theory
CEE 711Applied Econometrics
CEE 712Petroleum Economics I
CEE 714Electricity Economics
CEE 715Renewable Energy: Technology, Economics and Policy 
CEE 716Environmental and Climate Change Economics 
CEE 717Energy Finance and Project Management
CEE 719Energy Investment and Risk Analysis
CEE 720Energy Modelling and Forecasting
CEE 721Applied Game Theory
CEE 722Natural Gas Project Economics
CEE 723Energy Technology and Information System

Entry Requirement


Multidisciplinary Research Laboratory


Career Path

Graduates of our college in Mineral, Petroleum, Energy Economics, and Law can pursue various career paths in industries, government agencies, research institutions, and consulting firms. Some common career options include:

Energy Economist/Analyst: 

  • Graduates can work as energy economists or analysts, providing economic and market analysis for energy companies, research institutions, or government agencies. They analyze energy market trends, forecast prices, evaluate investment opportunities, and provide insights on policy and regulatory issues.

Mineral and Petroleum Economist: 

  • Graduates can work in mineral and petroleum companies, government agencies, or consulting firms as economists specializing in the mineral and petroleum sectors. They analyze economic factors, assess project feasibility, evaluate resource valuation, and provide economic guidance for decision-making.

Energy Policy Analyst/Consultant: 

  • Graduates can work as energy policy analysts or consultants, providing expertise on energy policies, regulations, and market dynamics. They work with government agencies, non-profit organizations, or consulting firms to analyze policy options, develop regulatory frameworks, and support decision-making in the energy sector.

Environmental and Social Impact Consultant: 

  • Graduates with knowledge of environmental and social considerations in the resource and energy sectors can work as consultants, helping companies assess and manage environmental and social impacts of their operations. They conduct impact assessments, develop sustainability strategies, and ensure compliance with environmental regulations and social responsibility standards.

Legal and Regulatory Advisor: 

  • Graduates with a background in law and energy economics can work as legal and regulatory advisors for energy companies, law firms, or government agencies. They provide guidance on contracts, regulatory compliance, risk management, and dispute resolution in the mineral, petroleum, and energy sectors.

Project Manager: 

  • Graduates can pursue careers as project managers in the mineral, petroleum, or energy industries. They oversee and manage resource extraction or energy development projects, ensuring efficient operations, cost control, and compliance with regulations. They coordinate multidisciplinary teams, monitor project timelines, and manage stakeholder relationships.

Research and Academia: 

  • Graduates can pursue research and academic careers in universities, research institutions, or think tanks. They can contribute to the academic understanding of mineral, petroleum, and energy economics, policy, and law through research, publishing scholarly articles, and teaching.

Entrepreneurship and Consulting: 

  • Graduates with an entrepreneurial mindset can start their own consulting firms or businesses in the mineral, petroleum, or energy sectors. They can offer specialized consulting services in areas such as energy economics, policy analysis, or environmental impact assessments.

These are a few examples of the career paths available to individuals with higher degrees in Mineral, Petroleum, Energy Economics, and Law. The specific career options may vary depending on the individual's interests, specialization, and experience.



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