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 ...

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

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.

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 ...

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 ...

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

Nigeria’s daily average oil production rose by 7.38 percent year-on-year in December 2024 to 1.667 million barrels per day, ...

Oil and gas giant, Seplat, has said it aims to double its crude oil production capacity within six months after moving in to ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Nigerian company that took over the local operation of ExxonMobil wants to double production within six ...

ABUJA, Jan 10 (Reuters) - Nigeria and the United States signed an agreement on Friday to repatriate about $52.88 million in assets forfeited by former Nigerian oil minister Diezani Alison-Madueke ...