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 ...

As the price war in the downstream oil sector continues leading to recurring reductions in the price of Premium Motor Spirit ...

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

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

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

The 650,000 barrels per day capacity Dangote Petroleum Refinery has bought its first cargo of Equatorial Guinea’s medium ...

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 ...

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

In March, FIRS contributed N1.061 trillion out of N1.867 trillion in the pool and in April, the Federation Account got N1.187 ...

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