The removal of fuel subsidy in the 2023 federal budget triggered a series of negative developments in the Nigerian economy, made worse by the floating of the ...

Seplat Energy is beginning an initiative to revive inactive oil wells after completing its $1.28bn acquisition of ...

Nigeria’s energy sector is grappling with growing skills shortages that threaten to hinder its efforts to grow oil production ...

Nigeria, Africa’s largest crude producer, alongside Angola, is expected to drive the continent’s oil production output to ...

and Nigerian Agip Oil Company Limited (5%). OML 29 was the biggest of the four oil fields that were divested by Shell with the average production of 23,000bpd at the time Aiteo acquired it.

NUPRC has confirmed Nigeria’s 1.5m bpd crude production milestone in December 2024, aligning with enhanced sector transparency and anti-theft measures.

Besides, year 2024 has been a year of significant importance to Nigeria as fresh investors are attracted to the energy sector ...

Iraq and British oil giant BP are set to finalise a deal by early February to develop four oil fields in Kirkuk and curb gas ...

In November, the Ogboinbiri community in Bayelsa state suffered its fourth spill in three months, harming fields, streams and ...

Thousands of oil spills in Nigeria’s Niger Delta There have been ... its fourth spill in three months in November, harming farm fields, streams and the fish people rely on.

Thousands of oil spills in Nigeria’s Niger Delta There have been ... its fourth spill in three months in November, harming farm fields, streams and the fish people rely on.