Nigeria oil production costs soar to $40 per barrel, significantly higher than global competitors like Saudi Arabia.

Nigeria’s cost of crude oil production has surged to approximately $40 per barrel, according to a report by NUPRC.

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

Nigeria's upstream oil regulator said on Monday it would deny export permits for oil cargoes from producers who fail to meet ...

Some analysts in Nigeria’s oil and gas sector have emphasised the need to optimise local content in petroleum operations to ensure sustainable growth of the ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

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

Nigeria's upstream oil regulator is clamping down on oil producers not meeting their local supply quotas. Under the Petroleum ...

Despite losing millions of barrels of crude to oil thieves, Nigeria has made $831.14bn from Oil & Gas within 24 years, ...

Press Release - The "Learn, Lunch, and Link" event demonstrated Workforce Energy Services' commitment to advancing HR practices tailored to the oil, gas, and energy industry.

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

The concluding part of the series provides clues on how to transform Nigeria into a non-oil-export-driven economy.