Deputy metroleum minister Heineken Lokpobiri has called for practical, collaborative approaches to strengthening local content implementation in Nigeria’s oil and gas industry. Mr Lokpobiri made the...
Hundreds of people from 17 communities of Ogoni ethnic nationality have staged a protest over resumption of oil exploration in their area. The protesters from the...
While global exploration and production capital expenditure is set to reach $504 billion in 2026, the upstream market is also entering a period of heightened discipline....
Oil prices rallied Thursday by nearly 5%, with the global benchmark, Brent crude rosing to $70 a barrel, while Bonny light crude went as high as...
Exports of four key Nigerian crude oil grades are scheduled at 793,000 barrels per day in March, preliminary loading programmes seen by Reuters show just as...
Former Nigerian oil minister Diezani Alison-Madueke took bribes including luxury goods and the use of high-end properties from industry figures interested in lucrative oil and gas...
Oil prices rose by around 1% on Tuesday as producers reeled from a winter storm that hobbled crude production and affected refineries on the U.S. Gulf...
Oil prices steadied on Monday after climbing more than 2% in the previous session on output disruptions in U.S. crude-producing regions and tensions between the U.S....
Chief Executive Officer of Shell Plc, Wael Sawan has commended President Bola Tinubu for restoring investor confidence and improving Nigeria’s investment climate. In a statement on...
Pipeline Infrastructure Nigeria Limited, PINL, the private security company (PSC) in charge of surveillance of the Eastern Corridor of the Trans Niger Pipeline (TNP) has pledged...
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says petrol, diesel, and Liquefied Petroleum Gas (LPG) prices will continue to decline nationwide. NMDPRA’s chief executive, Saidu...
Nigerian President Bola Tinubu has approved “investment-linked” incentives for Shell’s Bonga South West deepwater oilfield following a meeting with the company’s CEO Wael Sawan, who flagged...
