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

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

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

Shell has wrapped up the $2.4 billion sale of its main Nigerian onshore business to a consortium of largely indigenous ...

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

An estimated investment opportunity in Africa’s oil and gas industry in which operators and developers are expected to spend ...

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

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

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

Nigeria exceeded its OPEC+ oil production quota in February due to increased exports and demand from the Dangote refinery, ...

Host Community Development Trusts have given local communities a direct stake in oil operations. However, challenges remain, ...

Nigeria aims to double its economy in 2025 buoyed by increased oil production and more involvement of the private sector ...