Oil & Gas

Nigeria’s economy has been hit with a fresh challenge as the price of crude oil dropped by $10 per barrel, raising concerns about the country’s financial stability and budget performance. …

The Nigerian National Petroleum Company (NNPC) Limited has appointed Adesua Dozie and three others into top management positions, as part of an ongoing shake-up aimed at boosting efficiency and attracting …

The battle for dominance in Nigeria’s downstream oil sector has led to the closure of no fewer than 70 tank farms over the past two years, leaving many of these …

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced plans to sell shares to the public as part of its transition into a fully commercial entity. This move is …

The House of Representatives has passed the second reading of a bill that seeks to grant state governments full control over oil and mineral resources within their territories. If passed …

Abuja — The Federal Government’s investigative panel set up to unravel the controversial “naira-for-crude oil” swap deal is expected to reconvene on Monday, March 25, amid growing public concern over …

Industry experts have described the ongoing sale of Shell Petroleum Development Company (SPDC) and ExxonMobil assets as a golden opportunity to deepen local content in Nigeria’s oil and gas sector. …

Nigeria faces a staggering economic setback following a pipeline explosion in Rivers State, potentially leading to losses exceeding $35.3 million daily. The incident, which significantly hampers oil exports from the …

President Bola Tinubu has officially declared a state of emergency in Rivers State, Nigeria, following escalating political instability and governance challenges in the region. The move comes after mounting tensions …

A pipeline explosion in Rivers State early tuesday has disrupted Nigeria’s oil exports, creating serious concerns for the economy. The damaged infrastructure connects onshore production sites to key export terminals. …