Nigeria, Africa's largest oil producer, faced a significant revenue setback as a consequence of consecutive declines in crude oil production.… Read More
Nigerian crude oil continues to hold its premium status in the global market, trading higher than the Federal Government's budget… Read More
In a paradigm-shifting address at India Energy Week, OPEC's Secretary General Haitham al-Ghais illuminated the pressing need for $14 trillion… Read More
Erstwhile Group Executive Director of the Nigerian National Petroleum Company (NNPC), Alex Ogedengbe, has advised Nigerians to minimize their expectations… Read More
The Chief Executive Officer, Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari has described the destruction of over 5,000 kilometers… Read More
The Nigerian National Petroleum Company Limited (NNPCL) and Aiteo have jointly introduced the Nembe crude oil grade. The announcement was… Read More
In July 2023, Nigeria’s total crude oil production fell to 33.5 million barrels, resulting in about N249 billion or $320.4… Read More
The equipment of suspected oil thieves on oil mining lease (OML) 18, was discovered by the Nigerian Navy and the… Read More
Nigeria earned at least $104.58 million daily from crude oil in February 2023, as Africa’s largest oil producer pumped 1.3… Read More
Despite Nigeria claiming the spot of the largest crude oil producer in Africa, it failed to meet its quota in… Read More
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