News

Nigeria's crude oil production slumped by an estimated 46.4 million barrels in the first four months of 2025, spanning ...
Nigeria is urging oil companies to collaborate and increase production as the country continues to fall short of its OPEC ...
"Nigeria loses billions of dollars annually to crude oil theft. This is severely undermining our economy, weakening the Naira, and depriving the nation of vital revenue needed for infrastructure, ...
On Monday, the company reaffirmed its commitment to maintaining price stability for petrol, despite global crude oil price fluctuations.
According to ship-tracking data, the Dangote Refinery has imported about 146,000 metric tonnes of crude oil from the ...
Nigerian crude settled near $68 a barrel amid ongoing dynamics in the global economy. Oil prices surged following reports that ...
The house of representatives committee on petroleum resources (upstream) and the special committee on crude oil theft are ...
Felix Ogbe of NCDMB revealed that Nigeria now retains 56% of its oil and gas industry expenditure, a major leap from just 5% ...
Two main players typically drive the development of oil blocks in Nigeria: International Oil Companies (IOCs) and National ...
Nigeria's Renaissance Africa Energy Co. Ltd has confirmed an illegal connection on its Okordia-Rumuekpe pipeline at Oshika ...
The Indonesian government has announced plans to raised its export tax on crude palm oil which is set to affect Nigeria due ...
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr. Gbanga Komolafe, has announced that ...