The cost of producing crude oil in Nigeria has risen to about $40 per barrel, according to a report by the Nigerian Upstream Petroleum Regulatory Commission.

Oyo State Governor, Engr Seyi Makinde, has urged policymakers to develop a comprehensive economic policy to address the ...

The Nigerian naira has faced slight depreciation against the US dollar due to increasing pressure on the foreign exchange ...

The Group Chief Executive, Oando Plc, Adewale Tinubu, has highlighted the immense prospects of indigenous energy companies ...

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...

The Executive Secretary and Chief Executive Officer of the Nigeria Extractive Industry Transparency Initiative (NEITI), Dr Ogbonnaya Orji, has said ...

Nigeria’s cost of crude oil production has surged to approximately $40 per barrel, according to a report by NUPRC.

At an open-cast mine, Abdullahi Ibrahim Danjija carefully chisels away at a hunk of whitish rock before stuffing a sack with ...

For many decades, the petroleum industry, Nigeria’s cash cow, was in the doldrums due largely to administrative and ...

The group chief executive, Oando PLC, Adewale Tinubu, has emphasised that Nigeria’s onshore oil and gas assets are best in ...

These attacks are the latest in a series of aerial bombardments by the Nigerian government as part of a protracted campaign ...