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 ...

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

Al Jazeera meets people in Nigeria struggling with devastation caused by oil production and angry about failed clean-up ...

ABUJA, Nigeria (AP) — 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 Shell’s ...

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 ...

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.

The year 2015 was a perfect storm for oil prices. The dollar was strong. Inventories were huge. The economy was weak. And production was growing. All of these factors drove the price of crude oil ...

The US investment bank Goldman Sachs estimates the proportion of crude oil used for primary materials production to be 45 per cent. Because the crude oil industry has developed hardly at all in ...

In some cases, crude oil production can lead to a transportation network and retail system. Many of the largest oil companies like ExxonMobil are known as integrated oil producers since they have ...

The US investment bank Goldman Sachs estimates the proportion of crude oil used for primary materials production to be 45 per cent. Because the crude oil industry has developed hardly at all in ...