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

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...

Lab checks from NAFDAC confirm that the adulterated samples contain high traces of acid and other carcinogenic elements. The product is already in six states ...

Shell reported an oil spill on Tuesday at Ogale, near Port Harcourt, after a saver pit overflowed during flushing operations ...

Nigeria, Africa’s biggest oil producer, has set itself a target of boosting daily production by about three fifths to 2.7 ...

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 ...

Nigeria stands among the 48 nations running a trade deficit with the United States, underscoring the shifting economic ties ...

Nigeria’s crude oil revenue rose to about N50.88tn in 2024, findings by The PUNCH revealed. Data obtained from the Nigerian Upstream Petroleum Regulatory Commission, an agency of the Federal ...

Nigeria’s oil output has seen a significant increase, rising by 6.3% to reach 1.507 million barrels per day, according to the just-released January 2024 Monthly Oil Market Report (MOMR). This boost is ...