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President Bola Tinubu and the National Petroleum Company Limited (NNPCL) have been urged to jettison the construction of five mini ...
NUPRC has reported that the cost of producing crude oil in Nigeria has surged to approximately $40 per barrel.
Nigeria holds a formidable 37.5 billion barrels of crude oil reserves and an impressive 200 trillion cubic feet of natural gas, alongside vast, untapped renewable energy potential.
Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...
NEITI industry reports has shown large sums of uncollected royalties and rents that the oil and gas operators owe the federal ...
Dangote Petroleum Refinery had exported two jet fuel cargoes to Saudi Aramco, the world’s largest oil producer and a leading ...
OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...
OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...
As global energy dynamics shift, the hydrocarbon industry, long under pressure from climate change concerns and the 2015 Paris Agreement, finds new hope in U.S. President Donald Trump’s policies. With ...
Shell reported an oil spill on Tuesday at Ogale, near Port Harcourt, after a saver pit overflowed during flushing operations ...
The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...