The Chairman of the Organisation of Petroleum Exporting Countries (OPEC) Board of Governors for 2025, Mr. Adeyemi-Bero, has advised Nigerian oil producers to prioritise refining crude oil locally instead of …
Nigerian oil production
-
BusinessEconomyEnergyNigeriaOil & Gas
-
BusinessEnergyGovernanceInternational RelationsOil & Gas
NNPC Congratulates Maryamu Idris on Appointment as Nigeria’s OPEC National Representative
The Nigerian National Petroleum Company Limited (NNPC) has congratulated Mrs. Maryamu Idris on her appointment as Nigeria’s National Representative to the Organisation of the Petroleum Exporting Countries (OPEC). The appointment, …
-
BusinessEconomyEnergyGOVERNMENTNigeriaOil & GasPolicies
NMDPRA Urges Strict Compliance with Oil and Gas Sector Regulations
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called for stronger compliance with oil and gas sector regulations, especially in midstream and downstream operations. This call was made …
-
BusinessEconomyEnergyEnvironmentINVESTMENTNigeriaOil & Gas
Shell Buys 12.5% Bonga Oil Stake From TotalEnergies in $510m Deal
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of global energy giant Shell, has acquired an additional 12.5 percent stake in Nigeria’s Bonga oil field from TotalEnergies, boosting …
-
EconomyEnergyNigeriaOil & Gas
Nigeria’s Oil Export Revenue Drops 17% in Early 2025 Despite Output Rise
Nigeria’s earnings from crude oil exports fell sharply in the first two months of 2025, dropping by 17 percent year-on-year to $6.68 billion, according to figures from the Central Bank …