Renaissance Energy has halted production into the country’s Trans Niger oil pipeline, a major oil artery transporting crude from onshore oilfields to the Bonny export terminal,...
The International Energy Agency (IEA) on Thursday raised its global oil demand growth forecast for 2025 by 20,000 barrels per day (bpd) compared to last month’s...
Crude oil prices fell on Thursday on expectations for a U.S.-Iran nuclear deal that could result in sanctions being eased and more barrels released onto the...
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported that Nigeria’s crude oil production rose to 1.48 million barrels per day (bpd) in April 2025, marking a...
Oando Plc, the indigenous firm that acquired Nigeria Agip Oil Company, says it has recorded four operational oil spills from October 2024 to date.The oil firm disclosed this...
Oil prices jumped by about 4% on Monday after the U.S. and China said they would ease some of their tariff measures, raising hopes of an...
Minister of Solid Minerals Development, Dr Dele Alake, weekend, called for synergy to drive global energy transition as Nigeria is open for global partnerships to achieve...
The Defence Headquarters has said troops of Operation Delta Safe, discovered and deactivated 95 illegal refining sites and foiled oil theft worth N1.9 billion in April....
Energy giant ExxonMobil is set to inject $1.5 billion into the development of its deepwater operations in Nigeria, the country’s oil regulator said on Wednesday. The...
Renaissance Africa Energy Co. Ltd has halted oil shipments via its Okordia-Rumuekpe pipeline in the coastal Rivers state following a spill, the independent oil firm said...
A fresh oil spill has been reported in the Ikata community in Ahoada East Local Government Area of Rivers State with attendant massive destruction of crops...
Aliko Dangote, the Chief Executive of Dangote Group, says he will fight oil cabal in the Nigeria’s oil sector that has been against the success of...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources...
Brent price has dropped to $61 per barrel in the global commodity market as markets expect the organisation of Petroleum Exporting Countries and allies members (OPEC+)...
A restructuring exercise has claimed at least 200 officials of the NNPC as chief executive Bayo Ojulari launches his first broad action on the state-run oil...