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.
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.
Nigeria launches ambitious 50-block oil and gas licensing round starting December 1. International roadshows planned to attract global investors and boost energy sector growth.
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.
Lagos State Government reveals over 4,000 companies emit greenhouse gases. New registry launched to track emissions and promote environmental compliance across sectors.
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.
Niger Delta accountability network refutes House Committee claims, says Petroleum Industry Act implementation is on track and bringing stability to oil sector. Read full details.
Delta State Police Command has dismantled a criminal syndicate in Oghara, recovering an AK-47 rifle and arresting multiple suspects. Authorities warn of growing sophistication in local cult activities.
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.
Britain's Labour government signals a policy shift, permitting limited oil and gas extraction in existing North Sea fields despite a prior ban on new licenses. Discover the details.
Dr. Joshua Denila's Aegis AI wins IoT in Supply Chain Award at 2025 ITC Go Global Awards for transforming global trade with AI and IoT technology. Discover how this innovation boosts supply chain security.
Nigeria launches the Talent Accelerator Network, a major initiative with the World Economic Forum to reskill the workforce for the future of work and boost economic growth.
President Bola Tinubu celebrates former NNPC GMD Dr. Jackson Gaius-Obaseki's 80th birthday, praising his decades of service in Nigeria's oil and gas sector. Read more about his remarkable career.
Governor Siminalayi Fubara assures investors Rivers State is secure and open for oil and gas business. Discover opportunities in Nigeria's hydrocarbon heartland.
Nigerian Army troops capture suspected kidnapper Abubakar Bawa in Taraba, exposing criminal network behind violent attacks. Operation Zafin Wuta continues to dismantle terror groups.
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.
President Tinubu celebrates Dr. Jackson Gaius-Obaseki's 80th birthday, praising his transformative impact on Nigeria's oil and gas sector. Read about his legacy and NNPC's new health scheme.
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.
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.
Tragic gas explosion in Ibadan's Biodun Alaadun area leaves three dead, including shop owner. Oyo State Fire Service confirms incident details and restoration of normalcy.
A tragic gas explosion in Ibadan's Bioku-Alaadun area has claimed multiple lives and damaged properties. Emergency services are on site. Learn more about the incident and crucial safety measures.
Oyo State Governor Seyi Makinde describes Segun Awolowo's death as painful loss. Former NEPC director and ECOWAS TPO President remembered for his legacy.
ExxonMobil resumes its Rovuma LNG project in Mozambique after a 4-year jihadist insurgency pause. Production expected by 2030, boosting regional economy.
Zamfara Youth Network dismisses claims linking Defence Minister Bello Matawalle to bandits, calling them recycled lies. Group says state enjoying best peace in decade.
PENGASSAN raises alarm as oil and gas retirees face hardship with stagnant pensions eroded by inflation. Union demands urgent review from PenCom and major oil companies.
Alles Charis Gas Limited commissions a 500-metric-tonne LPG facility in Ore, Ondo state, to deepen domestic gas penetration, improve supply security, and support Nigeria's clean energy transition. Discover the impact.
YANGG President Kelechi Ndieze calls on African youth to seize control of the continent's digital narrative. Discover how young innovators are driving change.
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's oil production exceeds 1.7 million barrels daily as NUPRC reforms gain international support. Discover how Komolafe's leadership is driving sector recovery.