Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...

The National Bureau of Statistics has revealed that the federal government of Nigeria made over N55 trillion from crude oil ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production declined to 1.65 ...

The latest monthly oil market report by OPEC showed that Nigeria’s crude production declined from 1.54 million barrels per ...

THE execution of Nigeria’s 2025 N54.99 trillion budget appears to be facing more challenges as the main source of funding, ...

Nigeria's state oil company NNPC Ltd has begun discussions with the Dangote Oil Refinery to extend its contract for supplying ...

A petroleum marketer has explained the real reason Nigeria's premium motor spirit price has been reducing in the past months.

Ethnic groups threaten Nigeria’s oil facilities amid the Rivers State feud between Governor Sim Fubara and his predecessor ...

The Nigerian National Petroleum Company Limited (NNPCL) has clarified reports about the alleged termination of its crude oil ...

A controversial naira-for-crude arrangement between the Nigerian government and refiners, including the giant Dangote ...

Nigeria’s foreign trade value in the full year 2024 reached N138.03 trillion, a substantial increase of 106.56% compared to N66.83 ...

Host Community Development Trusts have given local communities a direct stake in oil operations. However, challenges remain, ...