The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said companies with the highest financial bids will not automatically emerge winners in the ongoing 2025...
Federal Government has announced a reduction in entry costs for the 2025 oil licensing round as part of efforts to improve transparency, boost crude...
President Bola Tinubu has approved the cancellation of a substantial portion of the debts owed by the Nigerian National Petroleum Company Limited to the...
Senate on Friday confirmed the appointments of Saidu Mohammed and Oritsemeyiwa Eyesan as Chief Executive Officers of the Nigerian Midstream and Downstream Petroleum Regulatory...
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...