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,...
Ibrahim Onoja, the manager of Old Port Harcourt Refinery, has said that the facility is now fully operational.
His claim came in the wake of allegations...
Nigeria suffered a setback in its effort to meet its Organization of Petroleum Exporting Countries (OPEC) crude oil quota in November, under-producing by as much as 3 million barrels in the whole of the month compared to October.
The Nigerian National Petroleum Company Limited, through its retail outlets and partners, has inaugurated 12 CNG stations strategically located in Abuja and Lagos to...
Oil marketers lifting Premium Motor Spirit (PMS), commonly known as petrol, from the Dangote Petroleum Refinery have reduced the price of the product by...
Ms Funmi Ogbue, an oil and gas expert, has advised African countries to encourage more participants to invest in the upstream sector amidst divestments by the International Oil Companies (IOCs).
Oil prices are rising despite concerns about Trump imposing tariffs on trading partners and talk of a peace deal between Russia and Ukraine.
Oil prices...