Due to its crude oil loans, the Nigerian National Petroleum Company Limited (NNPC) may have challenges meeting the crude oil ...

The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due ...

Nigeria’s President Bola Tinubu has introduced far-reaching economic reforms. They are unlikely to improve the living ...

Nigeria has achieved OPEC quota for that first time in four years, producing 1.51 million bpd in December 2024 ...

The Energy Reforms Advocates of Nigeria (ERAN) has urged the FG to stop the NNPCL's alleged plan to cut the supply of crude ...

Oil companies' divestment was a pivotal event that shaped Nigeria's oil sector in 2024. International oil companies (IOCs) ...

Output from the Organization of Petroleum Exporting Countries, OPEC fell by 120,000 barrels a day to 27.05 million a day, ...

Nigeria's crude oil exports have surged to N24.18 trillion in the first nine months of 2024, driven by increased demand from ...

Speaker of the House of Representatives, Mr. Tajudeen Abbas, has warned against over-reliance on crude oil by Nigeria, saying ...

NUPRC data has projected 123.48 million barrels for nine Nigerian refineries in H1 2025, with Dangote receiving the highest share.