The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due ...

Trade routes have also been reshuffled by startup of the massive Dangote oil refinery in Nigeria, expansion of Canada’s Trans ...

Due to its crude oil loans, the Nigerian National Petroleum Company Limited (NNPC) may have challenges meeting the crude oil ...

Nigeria has achieved OPEC quota for that first time in four years, producing 1.51 million bpd in December 2024 ...

The Energy Reforms Advocates of Nigeria (ERAN) has urged the FG to stop the NNPCL's alleged plan to cut the supply of crude ...

Nigeria’s President Bola Tinubu has introduced far-reaching economic reforms. They are unlikely to improve the living ...

Oil companies' divestment was a pivotal event that shaped Nigeria's oil sector in 2024. International oil companies (IOCs) ...

Besides, year 2024 has been a year of significant importance to Nigeria as fresh investors are attracted to the energy sector ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set a crude oil production target of 367.5 million barrels ...