The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned companies awarded flare gas commercialisation sites that they risk losing their permits if they fail...
Federal Government has announced a reduction in entry costs for the 2025 oil licensing round as part of efforts to improve transparency, boost crude...
Ernest Azudialu-Obiejesi, Nigerian oil magnate is currently facing hard times as a consortium of Nigerian banks has seized his Nestoil Towers, over an alleged...
Nigeria’s average daily crude oil production rose above the quota set by the Organisation of the Petroleum Exporting Countries (OPEC) in June 2025 —...
Nigerian National Petroleum Company Limited (NNPCL) has announced a profit after tax of ₦1.054 trillion for May 2025, representing a significant 40.4 percent jump...
Nigeria’s crude oil revenue rose to about N50.88 trillion in 2024, according to new data obtained from the Nigerian Upstream Petroleum Regulatory Commission. The...