The Nigerian National Petroleum Company Limited (NNPCL) unveiled its April 2025 performance report, highlighting a staggering revenue of N5.89 trillion.
MRS Oil Nigeria PLC, a leading player in Nigeria’s downstream oil and gas sector, has forecasted a revenue of ₦393.58
Negotiations between Nigeria and Saudi Arabia’s Aramco for a landmark $5 billion oil-backed loan have hit a roadblock as plunging
The surge of indigenous Nigerian oil firms has ignited a rare momentum in the sector, where private ambition converges with
A company linked to Caverton Offshore Support Group’s top brass has sold a significant block of shares in the aviation
Once soaring above ₦1,100 in March, diesel now ranges between ₦911 and ₦950 in major hubs, propelled by an oversupply
Oil prices surged on Thursday, propelled by an unexpected drop in US crude oil inventories that points to a strengthening
Oando PLC has announced the successful upsizing of its reserve-based lending facility (RBL2) to $375 million. The funding, led by
Nigeria’s bold new policy to cut upstream oil production costs must overcome legal ambiguity, regulatory overlaps, and institutional frictions, warns
Oando PLC, Nigeria’s leading indigenous energy company, released its audited financial results for 2024, showcasing a transformative year marked by
President Tinubu’s new Upstream Petroleum Operations Cost Efficiency Incentives Order (2025) ties tax relief to verifiable cost savings in Nigeria’s
French oil giants TotalEnergies have announced that its subsidiary TotalEnergies Nigeria has signed an agreement with Shell Nigeria Exploration and
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