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

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

Shell Petroleum Development Company (SPDC) has completed its $2.4 billion asset sale to the Renaissance Group, exiting ...

Nigeria’s total trade exports surged to $50.4 billion in 2024, driven by exchange rate depreciation and the elimination of fuel ...

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

Nigeria's state oil company NNPC Ltd has begun discussions with the Dangote Oil Refinery to extend its contract for supplying ...

The latest monthly oil market report by OPEC showed that Nigeria’s crude production declined from 1.54 million barrels per ...

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

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

A total of 74 terrorists have been killed, while 130 others were arrested and 61 hostages rescued by the Nigerian troops on ...

A controversial naira-for-crude arrangement between the Nigerian government and refiners, including the giant Dangote ...

The Nigerian National Petroleum Company Limited (NNPCL) has clarified reports about the alleged termination of its crude oil ...