Angst over continued scarcity of petrol in Nigeria – Africa’s largest producer of petroleum products, is seen spiralling into protests,...
Sixteen years after the last bid for big oilfields, Nigeria is offering seven deepwater offshore blocks to investors but old...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has released rules governing the operation of the 2023 mini-bid round and...
Nigeria needs to make the bid process transparent, ensure credible investors with verifiable track record participate in the process and...
President Muhammadu Buhari commissioned a 200-million-litre lubricant plant on Monday in Lagos, a project described as the first of its...
Diesel prices are set to surge in the coming weeks as strikes in European refineries, shutdown due to maintenance, and...
The market price of diesel in Nigeria has surged 184 percent from January to December 2022 despite the fall in...
On January 18, 2015, Nigeria’s Minister of Petroleum Resources, Diezani Alison-Madueke announced a fuel price reduction that took the retail...
The Major Oil Marketers Association of Nigeria (MOMAN) has said the petrol scarcity Nigerians are facing at filling stations across...
After years of stop-and-go litigation, Nigeria could be on the hook for a debilitating $11-billion payout if a trial starting...
Oil companies operating in Nigeria lost N803 billion worth of crude oil to spills suspected to emanate from sabotaged pipelines...
Nigeria’s oil rig count increased to 12 in December, a 71 percent increase from September last year, according to new...
Commuters, households and businesses in Nigeria are still bleeding money and man-hours on the back of the scarcity of petrol...
Nigeria Liquefied Natural Gas (NLNG) Limited is said to have cancelled several liquefied natural gas shipments after production was disrupted...
Amid waning investor appetite, the Nigerian oil sector regulator says it will collaborate with Wood Mackenzie, an international energy consultancy,...