Over the years, Nigeria has grappled with inefficient oil facility management, pushing the country to rely on imported refined petroleum products. As part of the broader effort to address these ...

Despite Nigeria's increasing focus on renewable energy, the Trump administration's pledge to support fossil fuel development ...

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

TotalEnergies has said it will continue to partner with Nigeria to develop key oil and gas assets to support the federal ...

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

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, ...

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

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

By Michael Tidi The recent $2.4 billion sale of Shell Petroleum Development Company’s (SPDC) onshore and shallow-water assets to the Renaissance Group is more than a corporate realignment; it is a ...