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

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 ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is aiming for an oil production of at least 2.1 million barrels a day (MMbd) for 2025, its chief executive told the senate.

Nigerians may be looking at another key player in the oil palm production space, as Okitipupa oil palm acquires 4 new mills.

As the global transition to cleaner energy sources accelerates, there are projections that the demand for fossil fuels may peak ...

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

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

Shell, which is synonymous with Nigeria’s oil industry and drilled the country’s first successful well in 1956, has sold its ...

Rising global crude oil prices may soon impact the local pump price of petrol in Nigeria, offsetting the recent price ...

The NNPCL and officials of the Gombe and Bauchi state governments have expressed divergent views over the seemingly stalled ...

Seplat Energy has revealed plans to revive 400 idle oil wells, targeting over 120,000 barrels per day crude production.

Nigerian Navy personnel, stationed at NNS Jubilee in the Ikot Abasi Local Government Area of Akwa Ibom, have reportedly seized ...