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.
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.
Senior lawyer Babajide Koku's dual representation in Nestoil-FBN legal battle raises conflict of interest concerns, threatening Nigeria's oil sector integrity. Stakeholders warn of serious consequences.
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.
Kano Free Trade Zone reports N18.8 billion revenue from Jan-Oct 2025, signaling growth in Nigeria's non-oil sector. Discover how this achievement boosts economic diversification.
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.
Governor Siminalayi Fubara assures investors Rivers State is secure and open for oil and gas business. Discover opportunities in Nigeria's hydrocarbon heartland.
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.
The BBC has officially begun searching for a new director general following Tim Davie's resignation over a misleading Trump edit. Learn about the $5 billion lawsuit threat and internal fallout.
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.
US President Donald Trump reiterates anger over alleged Christian genocide in Nigeria, threatens to cut aid and launch military action. Nigerian government rejects claims.
President Tinubu declares unwavering commitment to eliminate terrorism in Northern Nigeria while promising economic revival through Kolmani oil fields and infrastructure projects.
Former US President Donald Trump escalates criticism of Nigeria, calling it a 'disgrace' over Christian killings. He threatens to cut subsidies and take military action. Read more.
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.
Midwestern Oil and Gas makes history by appointing Engr. Elozino Olaniyan as its first female CEO. With 30+ years experience, she will drive governance reforms and sustainable growth in Nigeria's energy sector.
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.
Global renewable investment hits $2.4 trillion but sub-Saharan Africa gets only $18 billion, raising concerns about energy transition inequality. Nigeria and oil-dependent economies face urgent need to adapt.
Imo State government acquires 30.6 hectares in Nekede for Iheoma Marginal Field modular refinery project, promising job creation and economic boost for the region.
Nigerian petroleum refiners urge government intervention on crude oil pricing and supply challenges. CORAN seeks regulatory protection to compete against importers.
Dangote Petroleum Refinery clarifies it initiated recent pump price reductions, not government tariff reversals. Learn how their November 6 price cuts impacted market dynamics across Nigeria.
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.
Discover how Nigerian startup NoteOpX is transforming industrial reliability with African-built asset management systems, saving millions and preventing failures across oil, gas and power sectors.
Serbia confronts a winter energy crisis as US sanctions on Russian-owned NIS threaten oil supplies. President Vučić seeks to avoid confiscation of Russian shares. Read more.
A coalition of NGOs reports over 1,600 fossil fuel lobbyists at the UN's COP30 in the Amazon, the highest proportion ever recorded at climate talks. Discover the impact.
BBC issues formal apology to Donald Trump for editing error in January 6 speech documentary. President threatens $1 billion lawsuit over 'butchered' footage. Full details inside.
Nigeria's Petroleum Industry Act has revolutionized oil governance in 4 years, boosting local refining and gas infrastructure. Discover how PIA achievements are shaping energy future.
Nigeria's 2025 oil licensing round announced by NUPRC marks turning point for energy sector. Global investors show renewed interest as reforms boost transparency and production targets.