The cost of producing crude oil in Nigeria has risen to about $40 per barrel, according to a report by the Nigerian Upstream ...

The Senate on Thursday ordered an urgent probe into the cause of a recent fire outbreak and oil spill from Manifold Well 8/ ...

The oil major's Nigeria business said its spill response team contained the overflow and informed authorities. It added that ...

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

NNPC Limited and First E&P have achieved a 96 percent reduction in routine flaring of associated gas from the Anyala (OML 83) ...

Nigeria, Africa’s biggest oil producer, has set itself a target of boosting daily production by about three fifths to 2.7 ...

Palm oil has failed to feature prominently in the list of Nigeria’s top non-oil exports, but experts say it has the potential ...

Act No. 23 of 1996, enacted during Etete’s tenure, the President of Nigeria had the power to declare an oil field with about ...

Nigerian non-oil exports surged 20.77% in 2024, reaching $5.456 billion, driven by increased production and government ...

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has stated that Nigeria’s economy is on the ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...