The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the implementation of a mandatory Upstream Petroleum Decarbonisation Template (UPDT), effective...
Oil and Gas
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...
Nigeria’s plan to achieve a crude oil production target of 2.06 million barrels per day by 2025 remains firmly on...
Nigeria has no reason to fear as international oil companies (IOCs) divest from onshore and shallow water oil fields, Minister...
The Liquefied Petroleum Gas Retailers Association of Nigeria (LPGAR) has urged consumers to closely monitor their gas refills, dismissing allegations...
Independent petroleum marketers in Nigeria have begun lifting Premium Motor Spirit (PMS) directly from the Dangote Petroleum Refinery, marking a...
Nigeria’s crude oil production, including condensates, grew by 9.9% in November 2024, reaching 1.69 million barrels per day (bpd), according...
The cost of landing Premium Motor Spirit (PMS), commonly referred to as petrol, on Nigerian shores has fallen to N900.28...