The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed a production-sharing contract (PSC) with TotalEnergies and local firm South Atlantic
British multinational oil and gas company, Shell is on the verge of finalizing a deal to acquire development rights for
Nigeria and Brazil on Monday signed five Memoranda of Understanding (MoUs) aimed at boosting bilateral ties and accelerating Nigeria’s economic
Nigeria’s crude oil production recorded a notable rebound in July 2025, rising to 1.71 million barrels per day (bpd), according
The Nigerian National Petroleum Company Limited (NNPCL) Group Chief Executive Officer, Bashir Ojulari, has disclosed that crude oil theft across
Bayelsa has become the latest state to achieve full electricity regulatory powers under the Electricity Act 2023 (Amended). This was
The Nigerian National Petroleum Company (NNPC) has reported a total revenue of ₦4.406 trillion from the sale of its crude
A South African court overturned a decision granting TotalEnergies SE environmental authorization for an oil exploration block offshore the country’s
Seplat Energy Plc has fixed an exchange rate of ₦1,537.09 per US dollar for converting its Q2 2025 interim dividend
Nigeria’s average daily fuel consumption declined to 48.03 million litres in June 2025, according to the Nigerian Midstream and Downstream
Dangote Petroleum Refinery announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (petrol) from ₦850 to ₦820
Nigeria’s crude oil production rose to 1.507 million barrels per day (bpd) in July 2025, surpassing the Organization of the
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