TotalEnergies Sells Nigeria Offshore Stake to Chevron
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.
Category : Search result: Nigerian oil assets
TotalEnergies Sells Nigeria Offshore Stake to Chevron
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 Keeps Nigeria's Oil Output at 1.5m bpd to 2026
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+ Pauses Oil Output Hikes Until March 2026
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.
Tokenized Assets: Africa's Next Investment Frontier
Tokenized real-world assets are transforming African investing by increasing access, liquidity and transparency. Discover how RWAs could unlock trillions for the continent's economy.
Tokenized Assets: Africa's Investment Revolution
Tokenized real-world assets are transforming African investing by increasing access, liquidity, and transparency. Discover how RWAs could unlock trillions for the continent.
OPEC+ Likely to Maintain Current Oil Production Levels
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+ Expected to Maintain Current Oil Output Levels
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 Lament FG Silence After Oil Resumption Report
Ogoni communities express frustration over Federal Government's silence months after receiving crucial committee report on potential oil exploration resumption in Ogoniland.
Digital Assets Can Make Nigeria a Top-Tier Economy
Finance expert Ochuko Akejagbor proposes a national strategy using digital assets to boost Nigeria's economy, aiming for top-tier global status by 2030 through new commissions and reserves.
OPEC+ 2025 Oil Output Policy: A Review
OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.
Belgian PM opposes EU plan on Russian assets for Ukraine
Belgium's Prime Minister Bart De Wever strongly opposes the EU proposal to use frozen Russian assets for Ukraine funding, citing legal and financial risks for his country.
Nigeria's Money Supply Reaches N119 Trillion
Nigeria's broad money supply increased to N119.04 trillion in October 2025, driven by rising domestic assets despite falling foreign reserves. Learn what this means for the economy.
NEPC Connects Nigerian Exporters to UAE Market
NEPC and FMITI host a webinar to unlock UAE market prospects for Nigerian exporters, aiming to bridge a $1.5 billion trade deficit and boost non-oil exports.
Reps Demand EFCC Account for Seized Crude Oil
House of Representatives committee presses EFCC for full details on crude oil seizures and sales under Naira-for-Crude Policy. Hearing adjourned to December 4.
Rivers remains key oil investment hub - Fubara
Governor Siminalayi Fubara assures investors Rivers State is secure and open for oil and gas business. Discover opportunities in Nigeria's hydrocarbon heartland.
Scientific Research Guides Nigeria's Oil Production
Dr Omonigho Khalin Egbo's geochemical studies provide crucial data for Nigeria's energy security and revenue growth. Discover how his findings are shaping national oil policy.
Army recovers 109,000 litres of stolen petroleum products
Nigerian Army's 6 Division deactivates 7 illegal refining sites, recovers stolen crude oil and AGO worth over N150 million in Niger Delta operations. Support the fight against oil theft.
NNPC Posts N5.4trn Profit, Reveals $60bn Investment Plan
NNPC Limited announces record N5.4 trillion profit after tax for 2024 and reveals ambitious $60 billion investment strategy to boost oil, gas and clean energy capacity by 2030.
NNPCL Targets Higher Production, Gas Monetisation in 2025
NNPC Limited reveals a ₦5.4 trillion profit and outlines a bold 2025 strategy focusing on increased oil production to 1.8 million bpd, aggressive gas monetisation, and cost-cutting measures. Discover how this impacts Nigeria's economy.
Naira weakens to N1,456.72/$ as economy faces pressure
Naira depreciates by 0.98% to N1,456.72/$ amid dollar demand and structural challenges. Nigeria's foreign reserves rise to $44.12 billion despite oil price decline. Learn more about the economic outlook.
Oil Firm: EFCC Ignored Court Order in Wanted Notice
Chappal Energies alleges EFCC violated court injunction by declaring MD wanted. Company questions legality of public notice amid ongoing civil dispute. Read full details.
Ex-NEPC Boss Olusegun Awolowo Passes Away at 62
Nigeria mourns Olusegun Awolowo, former NEPC executive director and grandson of Chief Obafemi Awolowo, who died at 62. Read about his legacy in Nigerian trade and public service.
US MOSOP: Exclude Ogoni from oil block bids
MOSOP USA calls for Ogoni oil blocks removal from bidding rounds to protect fragile peace process. Federal Government urged to prioritize reconciliation before oil resumption.
Nigeria Oil Production Hits 1.7m bpd After Reforms
Nigeria's oil production exceeds 1.7 million barrels daily as NUPRC reforms gain international support. Discover how Komolafe's leadership is driving sector recovery.
Ukraine Pushes EU for $163B Russian Assets Loan
Ukraine urges EU to approve a $163-billion loan from frozen Russian assets at the December summit to avert a 2026 budget crisis. Russia threatens a 'painful response'.
Reps Probe Abandoned Federal Government Properties
Speaker Tajudeen Abbas inaugurates committee to investigate abandoned federal assets nationwide. The 10th House vows to end era of wasting public wealth and ensure proper utilization.
Reps Panel Vows to End Oil Revenue Leakages
House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.
Local Refiners Demand Crude Price Regulation in Nigeria
Nigerian petroleum refiners urge government intervention on crude oil pricing and supply challenges. CORAN seeks regulatory protection to compete against importers.
Emadeb Records First Oil Production from Ibom Field
Emadeb Exploration and Production Company Limited has commenced commercial oil production from Ibom Field PPL 236, marking a significant milestone for Nigeria's upstream oil sector and indigenous operators.
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