Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...

After years of underperforming OPEC quotas, Nigeria met its OPEC targets in January, said Udobong Ntia, NNPC's executive vice ...

The National Bureau of Statistics has revealed that the federal government of Nigeria made over N55 trillion from crude oil ...

THE execution of Nigeria’s 2025 N54.99 trillion budget appears to be facing more challenges as the main source of funding, ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production declined to 1.65 ...

Nigeria's Dangote oil refinery will shut its 204,000-bpd gasoline-making unit for 30-d maintenance tentatively expected to start on June 1.

Several climate crises are intricately linked to Nigeria’s dependence on fossil fuels and unsustainable practices. These ...

Data from the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) show that Nigeria’s daily average crude oil production in February declined ...

Akin Rotimi, the spokesperson for the House of Representatives said the commitment of the oil companies to pay the unremitted ...

The federal government has revealed plans to double its economy in 2025, anchored on increased oil production and more involvement of ...

Nigeria's parliament passed tax reform bills, aiming to improve revenue collection and streamline tax laws. However, key proposals like VAT increase and revenue allocation were modified. The bills ...

Nigeria will be able to meet OPEC's production target, an executive from Nigeria's state oil company NNPC said on Tuesday.