OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

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

Shell reported an oil spill on Tuesday at Ogale, near Port Harcourt, after a saver pit overflowed during flushing operations ...

Nigeria, Africa’s biggest oil producer, has set itself a target of boosting daily production by about three fifths to 2.7 ...

Nigeria's upstream oil regulator said on Monday it would deny export permits for oil cargoes from producers who fail to meet ...

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

She was Nigeria's oil minister from 2010 to 2015 and became the first female president of the oil alliance OPEC. Nigerian Justice Minister Lateef Fagbemi said the recovered funds were an example ...

The Group Managing Director/CEO of UTM Offshore Limited (UTMOL), Dr. Julius Rone, was among top dignitaries who bagged awards at this year’s edition of the Nigeria Oil and Gas Forum Awards.

Nigeria’s crude oil revenue rose to about N50.88tn in 2024, findings by The PUNCH revealed. Data obtained from the Nigerian Upstream Petroleum Regulatory Commission, an agency of the Federal ...

Nigeria's daily average oil production rose by 7.38 percent year-on-year in December 2024 to 1.667 million barrels per day, bpd from 1.552 million bpd, including condensate, recorded over the ...

With their pioneering exploration and production activities, the International Oil Companies, IoCs, were well-entrenched, determining the pace in Nigeria’s petroleum industry. Foreign oil ...

Nigeria’s oil output has seen a significant increase, rising by 6.3% to reach 1.507 million barrels per day, according to the just-released January 2024 Monthly Oil Market Report (MOMR). This boost is ...