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

Trade routes have also been reshuffled by startup of the massive Dangote oil refinery in Nigeria, expansion of Canada’s Trans ...

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

The Nigerian National Petroleum Company Limited may continue servicing its crude-for-loan obligations till 2029 as the demand ...

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 ...

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

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

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set a crude oil production target of 367.5 million barrels ...