Nigeria’s Oil Minister Timipre Sylva says OPEC may be forced to cut output as oil headed for the longest stretch...
The Nigerian National Petroleum Company Ltd (NNPC) has opened talks with the United States Finance Corporation and Exim Bank to...
Nigeria’s petrol import bill jumped by 71 percent in the first half of this year compared to the same period...
The group executive director, upstream of the Nigerian National Petroleum Company Ltd, Adokiye Tombomieye, has said that the aggressive move...
Oil futures have jumped by 3 percent after President Vladimir Putin ordered “partial mobilization” of Russian citizens, marking the biggest...
Nigeria’s frontier exploration fund created to finance the exploration of crude oil and gas in Nigeria’s inland basins has not...
Peter Obi, the presidential candidate of the Labour Party, says people in the government are responsible for the massive oil...
Africa’s largest economy has seen a decline in its oil rig count for the first time in 2022. Nigeria recorded...
Three months after losing its status as Africa’s biggest crude oil producer to Angola, Nigeria saw its oil output drop...
The quest of one Africa’s biggest oil producers to wean itself off imported fuel has missed at least five deadlines...
Nigeria’s state-owned oil company did not grow like many other national oil companies (NOCs) established about the same time because...
A siege by irate villagers on a major crude oil pipeline in Bodo community, Rivers State, has opened a new...
Nigeria and its national oil company, Nigerian National Petroleum Company Limited (NNPC), are not ready for the rash of modular...
With crude oil revenue no longer able to paper over the cracks in the Nigerian economy, some operators have suggested...
Awwal Gambo, Nigeria’s chief of Naval Staff, in a media interview, disputed the huge volumes of crude oil stolen from...