Nigeria’s crude oil revenue surged to approximately N50.88tn in 2024, according to data obtained from the Nigerian Upstream Petroleum Regulatory...
Oil and Gas
The loading cost of Premium Motor Spirit (petrol) and other refined petroleum products has risen sharply, with marketers hiking prices...
Despite holding the title of Africa’s largest crude oil producer, Nigeria retains a paltry 5% of the total revenue generated...
The Petroleum Product Retail Outlet Owners Association of Nigeria (PETROAN) has clarified that its request for a N100bn grant from...
Nigeria’s crude oil production has surged to 1.8 million barrels per day (mbpd), including condensates, up from a low of...
Joseph Obele, Publicity Secretary of the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN), revealed the development in an...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the implementation of a mandatory Upstream Petroleum Decarbonisation Template (UPDT), effective...
Shell’s $2.4bn divestment of its Nigerian onshore oil and gas assets has emerged as the largest mergers and acquisitions (M&A)...
Nigeria’s oil revenue dropped sharply in the third quarter of 2024, falling by 24.72% to ₦1.30 trillion compared to the...
The Nigeria Labour Congress (NLC) and Civil Society Organisations (CSOs) have dismissed the recent reduction in the pump price of...