Amidst domestic refiners in the Nigerian market struggling to meet crude requirements, their counterparts in the exploration end exported an estimated 306 million barrels of crude...
There are strong indications that key government regulatory agencies mandated to implement President Bola Ahmed Tinubu’s directive on the Reduction of Petroleum Sector Contracting Costs and...
Though the Nigeria LNG (NLNG) is focused on its capacity expansion plans, tilting towards bringing on-stream its Train-7, mixed projections on the global demand side are...
It has been revealed that despite a reported increase in gas utilisation, Nigeria’s oil and gas companies flared an estimated 203.9 billion standard cubic feet (scf)...
The Dangote Petroleum Refinery has reaffirmed its capacity to supply fuel volumes significantly more than Nigeria’s estimated domestic consumption. According to the refinery, it can supply...
Nigeria earned an average of N55.5tn from crude oil sales in 2025, an analysis of official production figures released by the Nigerian Upstream Petroleum Regulatory Commission...
The 2025 licensing round has seen the Nigerian Upstream Petroleum Regulatory Commission (NUPRC ), throw up 50 oil and gas blocks across five sedimentary basins for...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that Nigeria’s oil output recorded a significant growth in July 2025, averaging 1.71 million barrels per...
New data from the Organization of the Petroleum Exporting Countries’ (OPEC) August 2025 Monthly Oil Market Report (MOMR) indicate that Nigeria was able to sustain its...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) aims to unlock 5.13 billion barrels of deepwater oil reserves, with a goal to boost Nigeria’s oil production...
