Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

The Senate on Thursday ordered an urgent probe into the cause of a recent fire outbreak and oil spill from Manifold Well 8/ ...

NEITI industry reports has shown large sums of uncollected royalties and rents that the oil and gas operators owe the federal ...

In spite of the vicissitudes and volatile nature of both the local and global oil markets, Oando Plc led by the indefatigable Wale Tinubu has continued to break new grounds, consolidating itself as an ...

The offshore drilling rigs market is growing due to rising energy demand, technological advancements, and deepwater ...

Nigeria's upstream oil regulator said on Monday it would deny export permits for oil cargoes from producers who fail to meet their stipulated supply quota to local refineries, including the Dangote ...

Over 55 oil licences across oil blocks in the Niger Delta will expire before the end of 2025 with affected operators yet to know the fate of their assets.

Act No. 23 of 1996, enacted during Etete’s tenure, the President of Nigeria had the power to declare an oil field with about ...

Oni further discussed the challenges facing the Port Harcourt Refinery, which has a refining capacity of 210,000 barrels per day (bpd).