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.

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

The Nigerian Upstream Petroleum Regulatory Commission says the country’s oil rig count has risen to 32. The NUPRC Chief Executive, Gbenga Komolafe, announced this during his recent appearance ...

General Hydrocarbons Limited (GHL) has faulted a claim of diversion of oil mining proceeds made against it by First Bank of Nigeria Limited ... when the drilling rig, Blackford Dolphin, ran ...

is aiming for an oil production of at least 2.1 million barrels a day (MMbd) for 2025, its chief executive told the senate. Nigeria currently has 32 rigs, doubled from 2021, NUPRC Chief Executive ...

ADES Holding Co. announced that its offshore jackup rig “Admarine 504” was awarded, on Jan. 8, a drilling contract in Nigeria by Brittania-U, an integrated energy company that operates across the oil ...

Engr Gbenga Komolafe said the Commission was working hard in collaboration with stakeholders to increase Nigeria’s oil production, adding that the number of active oil rig has increased by 79 ...

Among the arrested are also 28 suspects linked to crude oil theft, which is prevalent in the southern part of Nigeria, a major oil-producing nation, causing the country to lose billions of dollars in ...

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

We make a start with the situation of the US oil market. On Friday, the release of the US Baker Hughes total rig count, ...

Among the arrested are also 28 suspects linked to crude oil theft, which is prevalent in the southern part of Nigeria, a major oil-producing nation, causing the country to lose billions of dollars ...

The Chairman of the Senate Committee on Local Content, Senator Natasha Akpoti-Uduaghan, has called on the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to mandate International Oil ...