Fresh questions, concerns, and uncertainty have deepened at the oil and gas agencies affected in the wake of President Bola Tinubu’s new executive order...
President Bola Ahmed Tinubu has nominated Senator Magnus Abe, and an energy expert, Adegbite Ebiowei Adeniji, as board chairmen of the Nigerian Upstream Petroleum Regulatory...
A Federal High Court in Abuja, has ordered the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, and others to maintain status quo...
Nigeria’s federal revenue surged to N3.65 trillion in September 2025, marking a staggering 411% increase from the N711 billion recorded in May 2023 when...
There were increased concerns over the implementation of Nigeria’s 2025 budget, weekend, as oil price dropped further to $59 per barrel from more than...
The Nigerian Upstream Petroleum Regulatory Commission has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion barrels of crude oil and...
•FG approves Shell’s $2.4bn oil, gas assets sale to Renaissance, says consortium In Nigeria’s first oil bid round conducted under the Petroleum Industry Act...
The Organisation of Petroleum Exporting Countries (OPEC) reports that Nigeria’s average daily crude oil production saw a slight increase in October 2024, reaching 1.33...
The Major Oil Marketers Association of Nigeria (MOMAN) has registered with the newly constructed multi-billion-dollar Dangote Petroleum Refinery and received approval for the group...