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, ...

Shell Petroleum Development Company (SPDC) has completed its $2.4 billion asset sale to the Renaissance Group, exiting ...

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

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

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

Data from the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) show that Nigeria’s daily average crude oil production in February declined ...

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

However, oil-backed loan obligations are now limiting the crude available for local refineries ... levels for local refineries and reinforce Nigeria’s energy security. These insights underscore ...