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

The industry regulator announced on Thursday that Nigeria's oil reserves will increase in 2024. Meanwhile, crude oil production ...

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.

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

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

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.

The AEC says Nigeria is poised to drive African oil production to 3.39 million barrels per day in 2025. Nigeria and Angola ...

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 ...

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.

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