Oil
- BUSINESS
Hitting 2.2m bpd oil output critical for budget success, NESG tells FG
The Nigeria Economic Summit Group (NESG) has advised the Federal Government to sustain the crude oil production level of 2.2…
Read More » - BRAND REPORT
Shell unveils initiatives to boost local content in oil, gas sector
Shell has unveiled a series of strategic initiatives aimed at enhancing local content in Nigeria’s oil and gas sector. This…
Read More » - BRAND REPORT
NEITI unveils plans to recover $6bn, N66bn
Plans are underway to recover $6 billion and an additional N66 billion owed to the Federal Government by stakeholders in…
Read More » - NEWS
Utilise oil, gas industry report as tool for public debate – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged stakeholders to utilise its 2022/2023 oil and gas report for civic…
Read More » - NEWS
Oil revenue grew by 30% in first half of 2024 – says FG
The Federal Government says Nigeria’s oil revenue grew from 11 percent in the first half of 2023 to 30 percent…
Read More » - BUSINESS
NNPC Ltd declares state of emergency on oil, gas production
The Nigerian National Petroleum Company Limited (NNPC) Ltd has declared a state of emergency on production in Nigeria’s oil and…
Read More » - BUSINESS
FG targets oil output increase to 2m bpd by December – Lokpobiri
The Federal Government says it is targeting to increase crude oil production to two million Barrels Per Day (bdp) and…
Read More » - BUSINESS
Nigeria “ll surpass OPEC’s quota- NUPRC Chief Executive
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is primed to exceed the Organisations of Petroleum Exporting Countries (OPEC)’s…
Read More » - NEWS
Oil theft: FG releases Norwegian oil tanker after plea bargain
The Nigerian Navy on Sunday returned a Norwegian-registered vessel, MT Heroic Idun, caught attempting to steal Nigeria’s crude oil in…
Read More » - BUSINESS
NMDPRA unveils 6 new regulations for growth in oil, gas industry
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled six gazetted regulations to spur investment and economic growth…
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