Nigeria’s crude oil production declined marginally to 1.422 million barrels per day (bpd) in December 2025, down from 1.436 million
TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement (SPA) with Vaaris Resources JV Co. Ltd to divest its
Nigeria’s spending on imported refined petroleum products declined sharply by 54% over two years, falling from $14.58bn in the first
Nigeria’s petroleum regulatory framework was deliberately redesigned by the Petroleum Industry Act (PIA) to separate oversight along the oil and
Levene Energy Development Limited has secured a $64 million Acquisition Finance Facility to support its equity commitment to Bluecore Gas
Nigeria’s former LNG executive Philip Mshelbila has formally assumed office as Secretary General of the Gas Exporting Countries Forum (GECF),
Nigeria’s oil and gas regulators have moved to tighten coordination as the country prepares for a new licensing cycle, with
Shell has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron, the European energy
Seplat Energy Plc on Tuesday made history on the Nigerian Exchange (NGX), becoming the first listed stock to close above
U.S. authorities have seized two oil tankers accused of violating American sanctions on Venezuela, including one vessel flying a Russian
President Donald Trump today announced the US would now assume control of Venezuela’s oil exploration and sales following the capture
The United States’ decision to seize and redirect sanctioned Venezuelan crude to American ports has intensified pressure on an already
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