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 total trade exports surged to $50.4 billion in 2024, driven by exchange rate depreciation and the elimination of fuel ...

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

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

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

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

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

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