Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

Nigeria’s cost of crude oil production has surged to approximately $40 per barrel, according to a report by NUPRC.

The cost of producing crude oil in Nigeria has risen to about $40 per barrel, according to a report by the Nigerian Upstream ...

The Nigerian government is in talks with local communities to restart oil production in a region that's previously suffered ...

A report has warned of a possible negative impact of unstable global oil prices and its implications for the federal ...

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised serious concerns, alleging that oil producers are diverting 500,000 ...

Nigeria's upstream oil regulator said on Monday it would deny export permits for oil cargoes from producers who fail to meet ...

Nigeria, Africa’s biggest oil producer, has set itself a target of boosting daily production by about three fifths to 2.7 ...

Shell reported an oil spill on Tuesday at Ogale, near Port Harcourt, after a saver pit overflowed during flushing operations ...

Nigeria holds a formidable 37.5 billion barrels of crude oil reserves and an impressive 200 trillion cubic feet of natural gas, alongside vast, untapped renewable energy potential.

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has commended the federal government for ...

Oil producers face accusations of diverting 500,000 barrels of crude oil daily, meant for domestic refineries, hindering ...