Nigerian National Petroleum Company Limited (NNPC Ltd) remitted N14.706 trillion in statutory payments to the Federal Government between January and December 2025. The figures were disclosed...
Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) fell by 135,000 barrels per day (bpd) in January compared to December 2025, reaching...
A Federal High Court in Nigeria has delivered a judgement against the Ministry of Petroleum Resources in favor of Eurafric Energy Limited, reversing the 2020 revocation...
The U.S. Energy Information Administration (EIA) has revised up its average oil price forecast for this year, but expects oil prices in 2026 to be lower...
Oil prices declined on Monday, driven by signals that regional tensions may be easing after announcements that negotiations between Washington and Tehran over Iran’s nuclear program...
Nigerian Content Development and Monitoring Board has outlined practical framework for positioning Nigeria’s energy sector to access the African Continental Free Trade Area, following a strategic...
Oil prices fell on Friday as investors assessed talks between the United States and Iran that took place in Oman amid fears of another supply-disrupting Middle...
Edo government and NNPCL say they will collaborate to establish a 10,000-barrels-per-day condensate refinery in the state. Governor Monday Okpebholo’s spokesman, Patrick Ebojele, disclosed this in...
Dangote Petroleum Refinery has reaffirmed its commitment to supplying high quality petroleum products at competitive and affordable prices, urging marketers and policymakers to prioritise logistics choices...
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says over 180 trillion cubic feet (TCF) of discovered natural gas across Africa remains untapped, citing fragmented markets and unaligned...
Residents of Oshie/Akinima communities in Ahoada West LGA, Rivers State, a border area with Bayelsa, have expressed concern over a lingering underwater pipeline gas leakage polluting...
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...