The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Nigerian National Petroleum Company Ltd (NNPC Ltd) have agreed to establish a technical committee aimed at enhancing governance in Nigeria’s extractive …
Ghana’s petroleum revenue experienced a remarkable rise in 2024, reaching US$1.36 billion, representing a 27.8 percent increase from US$1.06 billion in 2023, according to the latest Annual Report by the …
Nigerian oilfield service company Kenyon International has announced the restoration of more than 6,000 barrels of crude oil per day from a previously inaccessible well, in what industry observers describe …
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that Petrobras, Brazil’s state-owned oil firm, is exploring new opportunities in Nigeria’s upstream oil and gas sector, with particular focus on …
Oil-producing states in Nigeria have reduced their domestic debts by about N610.84 billion between June 2023 and March 2025, largely due to record inflows from the 13 per cent derivation …
Barring any last-minute change, the Dangote Petroleum Refinery is set to begin its direct fuel distribution scheme soon as 1,000 Compressed Natural Gas-powered trucks ordered for the project have arrived …
The Nigerian naira recorded a slight appreciation against the United States dollar on Thursday at the official foreign exchange market, as the country’s external reserves rose to a four-year high …
South Sudan’s President Salva Kiir Mayardit has dismissed the country’s finance minister, continuing a pattern of frequent changes in the top economic post as the nation struggles with rising inflation, …
The National Energy Services Reunited Corp. (NESR), a leading international provider of integrated energy services across the Middle East and North Africa (MENA), has announced the award of several major …
Nigeria produced about 1.37 trillion standard cubic feet (scf) of natural gas between January and June 2025, according to fresh data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). …