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.
Shell reported an oil spill yesterday at Ogale, near Port Harcourt, after a saver pit overflowed during flushing operations ...
The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered environmental damage after oil giant ...
Al Jazeera meets people in Nigeria struggling with devastation caused by oil production and angry about failed clean-up ...
Group Managing Director of the award-winning Port Harcourt-based Solewant Group, Mr Solomon  Ewanehi, in this interview with ...
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NEW YORK (Reuters) -Oil fell 1% on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his address at the World Economic Forum. Uncertainty over ...
Oil has spilled for weeks in Nigeria’s delta region from a well apparently damaged by thieves and which has also sparked a fire that has yet to be contained, environmental activists said Tuesday.
Corruption is endemic in Nigeria. It drains billions of dollars a year from Africa’s largest economy and most populous country. Systemic corruption also undermines Nigeria’s ability to combat ...
MAIDUGURI (Reuters) -The death toll from a weekend fuel truck blast in Nigeria has reached 98 after ... have become common in Africa's largest oil producer, which is grappling with its worst ...
At least 70 people have died after a petrol tanker exploded in north-central Nigeria, the country's emergency ... have become common in Africa's largest oil producer, killing dozens as the country ...
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally to 1.485 million barrels per day (bpd) in December 2024. In its ...