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

The Chief Executive Officer, Centre for the Promotion of Private Enterprise, Dr Muda Yusuf, has warned that the renewed push for increased oil production under United States President Donald Trump’s ...

The event, at the Redeemed Christian Church of God, Christ Church, Lagos Province 35, Gbagada, Lagos, delved into pressing ...

Former Deputy Governor of the Central Bank of Nigeria, CBN, Kingsley Moghalu has suggested that being sidelined by United States President, Donald Trump ...

Nigeria's upstream regulator is aiming for an oil production of at least 2.1 million ... On December 6, 2024, Norway’s majority state-owned Equinor announced it had exited Nigeria altogether ...

Vietnam’s economic transformation is one that holds lessons for emerging economies like Nigeria. In this interview ...

Nigeria’s crude oil ... of Petroleum Resources that production hit 1.8mbpd in November. Recently, the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, said, “From the ...

With their pioneering exploration and production activities, the International Oil Companies, IoCs, were well-entrenched, determining the pace in Nigeria ... as Head of State and Commander ...

which is the oil-producing region of Nigeria, and like Namibe, it is also in the southern flank of our country. The state is very rich in oil and gas, and, in fact, it is richer in gas than oil.

The concern of the Ogun State ... the Nigeria National Petroleum Corporation Limited (NNPCL) had issued oil prospecting licenses in the past. Noting the prospect of Ogun becoming an oil-producing ...

Nigeria’s daily average ... 1.67mbpd. Why oil output rises—Lokpobiri Reflecting on the improvement in oil production, the Minister of State Petroleum Resources (Oil), Senator Heineken ...

Nigeria has long faced the challenge of being a leading crude oil exporter while heavily dependent on imported refined products. To address this imbalance and enhance its oil production capacity ...