Oil & gas

Why Nigeria’s oil rigs rise by 762% to 69 in 4 years — NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that the oil rig count in the country rose from eight in 2021 to 69 as of October 2, 2025,...

Nigerians face difficulty in purchase of cooking gas as prices soar

The scarcity of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has spread across several Nigerian cities,...

Nigerian oil industry crisis may linger despite suspension of latest strike

By Paul Ejime Nigeria’s major oil workers union, PENGASSAN has announced the suspension of its two-day strike, but warned that...

Strike will not cause fuel scarcity – PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has assured Nigerians that its proposed strike,...

Why Dangote refinery still employs over 3,000 Nigerians – Mgt

By Paul Ejime Dangote Petroleum Refinery has clarified its position on the sacking of an undisclosed number of Nigerian workers,...
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Why oil production inches closer to 1.7mbpd – NNPCL

Lagos, May 20, 2024 - Crude oil production is nearing 1.7 million barrels per day, according to the Group Chief Executive Officer of the...

HEDA sues FG, oil giants over alleged unlawful oil…

The Incorporated Trustees of HEDA Resource Centre has dragged Federal Government, multinational oil companies and Nigerian government agencies before the Federal High Court in...

Gaza ceasefire halts the oil price rally

Oil prices have stopped rallying as a ceasefire agreement between Israel and Hamas could lead to the end of the Houthi bombardments of the...

Oil Prices Drop on Trump’s First Day in Office

On his first day in office, US President Donald Trump signed an executive order to withdraw from the Paris Climate Agreement and instructed the...

HEDA demands transparency in $16.6bn oil and gas investments

Lagos, May 26, 2024 - The Human and Environmental Development Agenda (HEDA Resource Centre) has expressed concern regarding the notable lack of transparency and...

HEDA, stakeholders call for transparency, accountability in oil field…

Stakeholders at the public presentation of a book on marginal fields allocation in Lagos, called for openness, transparency and accountability in the process. The book...
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