The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has constituted a committee to address issues bordering inactive crude oil blocks and reverse the trend. Dr Kelechi Ofoegbu,...
Brent crude dipped on Wednesday ahead of a meeting of the OPEC+ ministerial council, as the market weighed expectations for tighter supply against concerns that high-interest...
The Nigerian Extractive Industries Transparency Initiative says the Federal government rakes in N4.3tn from the oil and gas in 2021. According to NEITI’s ‘Oil and Gas...
Nigeria’s crude oil earnings rose to over N1.68trillion in June 2023 following an increase in the country’s output last month, an analysis of latest oil production...
In a bid to effectively capture the over $18 billion worth of investment in Ubetta and Prowei projects (Total Energies), FDI on Bonga-North (SNEPCO), Agbami Gas...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says five petroleum industry regulations have been gazetted while six others have been finalised and ready for gazetting. Mr...
By Adenike Agunsoye The Lagos Chamber of Commerce and Industry (LCCI), in recognition of the potential impact of the 2022 Finance Bill on the operations of...
By Ibiyemi Mathew For the first time in eight months, Nigeria’s oil production rose to 1.35 million bpd. Sources in a survey conducted by Reuters said...
The Federal Government has laid out new security architecture with the aim to reduce security menace associated with the production of oil and gas and also...
South Sudan has threatened to quit the OPEC group if it interferes with its ability to meet its ambitious oil production plans, first vice-president Riek Machar...