Oil
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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…
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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…
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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…
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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…
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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…
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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…
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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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New oil, gas discoveries indicate Nigeria’s huge reserves – Expert
An Oil and Gas Expert, Prof. Olanrewaju Aladeitan, has lauded the new oil and gas discoveries in Nigeria, which indicate…
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Petrol Price May Increase As Brent Stabilises Around $35/Barrel
Brent, the oil against which Nigeria’s crude is priced, has hovered around $35 per barrel for about one week, raising…
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Oil field shutdown, others stall 335.8 million barrels production
The shutdown, shut-ins and maintenance exercise on some oil fields and crude production facilities in different stations across the country…
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