The Independent Petroleum Producers Group (IPPG) announces indigenous firms now account for over 50% of Nigeria's crude oil and gas production. Discover the impact on energy security and sector growth.
Pastor Lazarus Muoka urged members to rely on the God of Chosen as the church marked its 23rd anniversary in Lagos. He recounted divine victories over early prophecies of failure.
Petroleumprice.ng honours Aliko Dangote, MRS Oil, Rainoil, and others in its first industry awards. Winners were chosen via a hybrid model of public votes and expert judges. Read the full list.
A civil society coalition has lauded NNPC Ltd's CEO, Bashir Bayo Ojulari, for transformative leadership that increased crude production to a 36-year high of 355,000 bpd and drove record profits. Read the full appraisal.
A new US blockade on Venezuelan oil shipments could slash production and halve exports, pushing the economy deeper into crisis. Experts warn of severe impacts.
US President Donald Trump announces a maritime blockade on Venezuela, demanding the return of oil and land he claims were stolen. Get the full details on this escalating crisis.
Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.
US President Donald Trump announces a total blockade of sanctioned Venezuelan oil vessels, escalating tensions. Learn the details and potential impact on the global oil market.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is leading a historic shift towards transparency and accountability in the oil sector, turning a 'resource curse' into a national blessing. Discover how this reform benefits citizens.
A coalition of 40 lawyers has condemned baseless corruption allegations against NMDPRA CEO Engr. Farouk Ahmed, warning against media trials that undermine Nigeria's oil sector. Read their full defence.
A coalition of 40 Nigerian lawyers has dismissed Aliko Dangote's corruption claims against NMDPRA's Farouk Ahmed as unfounded, warning against media trials. Read their full statement.
Nollywood actress Lizzy Gold addresses fans, stating she is single and "waiting on God" for marriage. The mother of two urges an end to social media pressure. Read her full statement and see fan reactions.
Nigerian consumers have voted Golden Terra Soya Oil as the Most Preferred Healthy Cooking Oil at the 2025 Consumer Value Awards. Discover why 72% chose this heart-friendly brand.
Ogoni youths demand an oil block and halt to ongoing bids, insisting on equity and inclusion before resuming oil production in Ogoniland after 30 years.
The Redeemed Christian Church of God has spent N40 million on its free bus-to-work programme, providing relief for Lagos and Ogun commuters. Read how this initiative is helping workers.
Pastor Joseph Adeyokunnu of RCCG Region 31 declared that the secret to divine blessing is sacrificial giving. He spoke at the dedication of Jesus Assembly Zone's new building in Alakuko, Lagos, urging Christians to emulate King David's attitude.
PENGASSAN warns Nigeria's oil sector faces a severe brain drain due to low wages and economic hardship. Union President Festus Osifo urges immediate action to close the wage gap and retain skilled workers.
A Nigerian man explains his decision to close his church and renounce Christianity, claiming he discovered his divine purpose is to 'Africanise the world'. Read his full story and public reactions.
NNPC Limited's record ₦5.4 trillion profit for 2024 is hailed as proof of successful reforms under Bayo Ojulari. Discover how operational discipline and commercial changes are reshaping Nigeria's oil and gas sector.
UK's GETI commends NUPRC for transparent $10bn oil licensing round. Digital portal for 50 blocks aligns Nigeria with global best practices, boosting investor confidence. Read more.
UK-based GETI commends NUPRC's digital licensing portal, projecting $10bn investment. A new benchmark for Africa's oil sector under Engr. Gbenga Komolafe's leadership.
A beachside office in the Cook Islands is being used by dozens of tankers to smuggle Russian and Iranian oil, undermining Western sanctions. New Zealand expresses alarm. Read the full investigation.
Nigeria's NUPRC launches 2025 oil licensing round for 50 blocks, aiming to raise $10bn and boost output by 400,000 barrels per day. Discover the transparent bidding process.
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron subsidiary. Deal aims to develop new opportunities in Nigeria's oil sector.
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron. The deal aims to derisk and develop new opportunities in Nigeria's oil sector. Full details inside.
OPEC confirms Nigeria's oil production quota remains at 1.5 million barrels per day until December 2026 to ensure global market stability. Read the full details.
OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.
OPEC+ ministers are expected to keep oil output unchanged in Sunday's online meeting amid price uncertainty. Analysts predict no major market changes as group watches Ukraine talks.
OPEC+ ministers are expected to maintain current oil production levels in their upcoming online meeting. Analysts cite market uncertainty and Ukraine conflict impacts on prices. Read more.
Ogoni communities express frustration over Federal Government's silence months after receiving crucial committee report on potential oil exploration resumption in Ogoniland.