By Thomas AgboolaBY the twilight of 2024, Nigeria’s local content participation in oil and gas had risen to an unprecedented 56 percent, as reported by the Nigerian Content Development and ...

Nigeria has been pumping vast amounts of oil since the 1950s. This map shows the oil fields, pipelines, and terminals in relation to the Niger Delta’s main cities and its differing types of vegetation ...

Nigerian authorities and Shell’s local subsidiary were on Monday investigating the cause of an oil spill on the Trans Niger pipeline that lasted several days. The spill from the 180,000-barrel-a ...

Shell said on Tuesday the volume of crude oil spills caused by sabotage in Nigeria's oil-rich Delta more than doubled to 3,300 tonnes last year, a level last seen in 2016.

Nigeria has proven crude oil reserves of 36.9 billion barrels (bb) and natural gas reserves of 193 trillion cubic feet (tcf) accounting for 2.13% and 2,91% of global oil and gas reserves respectively.

The pace of Nigeria’s decline will depend partly on how rapidly the world moves away from oil. If it does so quickly with the aim of limiting global warming to 1.9°C, Nigeria’s oil production ...

Nigeria's reliance on imported oil products looks set to continue, two industry sources with knowledge of the matter said, with a new refinery near Lagos unlikely to come online until the end of ...

Related: This Giant Oil Trader Sees Upside For Oil Prices Over the next 10 years, the plan could add $150 billion to Nigeria’s foreign reserves, create 500,000 new jobs, and lift 10 million ...

Nigeria’s oil-rich Rivers State has a unique opportunity to emerge as a beacon of progress, replacing hopelessness with hope, according to former Apex Bank governor Sanusi Lamido Sanusi.

According to the Nigeria National Petroleum Corporation (the state-owned oil company) Nigeria has the capacity to produce 2.5 million barrels of oil per day (bpd). At the beginning of the year ...

OIL WELL NO. 1, Nigeria — Three decades after pumping its last drop, the first oil well in Nigeria is marked by a decrepit signboard bearing what would seem an uncontroversial statement ...