PETAN has urged Shell to allocate $1.5bn from Bonga North to local firms, emphasising Nigeria’s dedication to indigenous participation.
Nigeria can meet oil production targets and implement ambitious development programmes from deep-water oil and gas operations ...
Oil-producing states in Nigeria have received a total of N2.85tn in 13 per cent derivation revenue between 2022 and 2024, according to findings by The PUNCH.The findings are based on analysis of data ...
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Vietnam’s economic transformation is one that holds lessons for emerging economies like Nigeria. In this interview ...
NUPRC has reported that the cost of producing crude oil in Nigeria has surged to approximately $40 per barrel.
We make a start with the situation of the US oil market. On Friday, the release of the US Baker Hughes total rig count, ...
Equinor ASA EQNR reported fourth-quarter 2024 adjusted earnings per share (EPS) of 63 cents, which missed the Zacks Consensus ...
Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...