The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed that Nigeria owns Africa's largest proven gas reserves of over 208 trillion cubic feet, with most of it...
The Federal Government plans to launch bidding rounds for seven deep offshore oil and gas licenses for the first time in fifteen years.
Barely a week after Nigeria's crude oil production was reported to have increased by 400,000 barrels per day (bpd) following the completion of Shell's Forcados Oil...
Oilserv Limited, an oil and gas firm has advised the Federal Government to fight the issues of oil theft directly from its source as it is...
Crude oil prices declined in the early hours of Wednesday after data showed U.S. crude oil inventories rose more than expected.
Nigeria's persistent flood across key economic states has disrupted the supply chain of fuel supply in Africa's largest economy as long queues are now visible in...
Shell has confirmed that oil export has resumed at the Forcados Terminal. This is coming ahead of the end-of-October schedule
The Shell Petroleum Development Company (SPDC) has announced the resumption of crude oil exports at the 400,000 BPD Forcados Oil Terminal.
The Nigerian National Petroleum Corporation (NNPC) Limited has stated that Nigeria needs an estimated N6 trillion for fuel subsidies yearly.
Kogi State receives its first 13 percent derivation fund as the state becomes the first Northern State to join the oil-producing states.