News

The managing director/CEO of 11PLC, Tunji Oyebanji, has outlined two critical areas presenting opportunities for growth and ...
State Petroleum Minister Lokpobiri has confirmed the renewal of Kolmani oil license, says Nigeria aims for 2.5 million ...
According to Yakubu, the consequence of such disregard for expertise and consistency has been a decline in crude oil ...
The Federal Government has disclosed that it is looking forward to drilling more barrels of oil with the renewal of exploration licences in Bauchi and Gombe states.The Minister of State for Petroleum ...
The production of Utapate, Nigeria’s newly introduced low-sulphur crude oil grade, has declined for the third consecutive month.According to the latest crude output document obtained from the Nigerian ...
In April 2025, former United States President Donald Trump reintroduced a 14 per cent reciprocal tariff on Nigerian exports, ...
Nigerian oil firm Renaissance Energy has halted production on one line feeding into the Trans Niger oil pipeline, a major oil ...
Energy reforms under President Tinubu attract renewed investment Offshore projects secured over $8 billion in commitments, led by majors Refineries restarting and smart meter rollout planned for power ...
Other initiatives include a major boost from the U.S. Export-Import Bank, which in March 2025 approved a nearly $5 billion ...
Nigeria's Trans Niger Pipeline, a major oil artery transporting crude from onshore oilfields to the Bonny export terminal, ...
NIGERIA’S strategic oil and gas industry has been urged to beef up its cyber security and avoid massive potential cost to the economy if current measures fail. According to Check Point’s African ...
A fresh wave of confrontation appears to be brewing in Nigeria’s downstream petroleum sector, as the Dangote Refinery, a ...