Organisation of Petroleum Exporting Countries (OPEC) reports that Nigeria’s crude oil production, excluding condensate, dropped by 0.7 per cent to 1.486 million barrels per...
President Bola Tinubu has approved the cancellation of a substantial portion of the debts owed by the Nigerian National Petroleum Company Limited to the...
A French court has ruled that oil and gas multinational TotalEnergies engaged in misleading commercial practices by overstating its climate pledges, marking what environmental...
Telecom operators in Nigeria invested more than $1 billion in 2025 to deploy over 2,850 new sites, boosting nationwide coverage and capacity, according to...
Federal Government has announced a reduction in entry costs for the 2025 oil licensing round as part of efforts to improve transparency, boost crude...
Federal government has dismissed reports claiming it has restored subsidy for premium motor spirit (PMS), also known as petrol. Oil marketers and a section...
President Bola Tinubu is reportedly considering a “temporary subsidy” on petrol as crude oil prices and foreign exchange rates continue to rise. Presidential sources...
Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion emergency crude repayment loan to support the Naira and stabilise the foreign exchange...
Independent Petroleum Marketers Association of Nigeria (IPMAN) has said local refining of crude oil will save at least N70 per litre off petrol price...
Nigerian National Petroleum Company (NNPC), has said it recorded 240 incidences pertaining to crude oil theft and pipeline vandalism in the Niger Delta in...