PETAN has urged Shell to allocate $1.5bn from Bonga North to local firms, emphasising Nigeria’s dedication to indigenous participation.

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 ...

The Dangote refinery in Nigeria, Africa's largest, is nearing full operational capacity, which is expected to transform the ...

Vietnam’s economic transformation is one that holds lessons for emerging economies like Nigeria. In this interview ...

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

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

The event, at the Redeemed Christian Church of God, Christ Church, Lagos Province 35, Gbagada, Lagos, delved into pressing ...

the nation's No. 2 oil production state. Haaland, a citizen of Laguna Pueblo and the nation’s first Native American cabinet secretary under President Joe Biden, could be the first Native ...

Former Deputy Governor of the Central Bank of Nigeria, CBN, Kingsley Moghalu has suggested that being sidelined by United States President ... America to rev up its oil production, there would ...

As Nigeria’s crude output recovers from years of decline, the country is ready to negotiate a higher oil production quota with the Organisation of Petroleum Exporting Countries (OPEC). This strategic ...

Investing.com--Oil prices rose slightly Thursday, bouncing to a degree after the recent downturn as traders braced for higher US production and possible disruption to trade under the new Trump ...

Stretched public finances badly need the extra revenue that would come from higher oil ... Nigerian state anticipates production reaching 2 million barrels a day, the most in a decade, although most ...