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.
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.
India's economy expanded 8.2% in July-September 2025, beating forecasts but facing pressure from US tariffs. Learn how this affects global trade and Nigeria's economic outlook.
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.
Dangote Refinery refutes claims of exporting substandard diesel to Europe as market sources cite quality issues. Learn about the specifications debate and regional market shifts.
Governor Siminalayi Fubara assures investors Rivers State is secure and open for oil and gas business. Discover opportunities in Nigeria's hydrocarbon heartland.
EU industry chief Stephane Sejourne declares Europe must break dependence on China's rare earths, calling export controls a 'racket'. New strategy coming December 3.
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.
Valency Agro Nigeria Limited has secured N13 billion in a new commercial paper issuance. The funds will expand processing for cashew, soybean, cocoa, and sesame, boosting Nigeria's agricultural exports.
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.
Governor Ahmed Aliyu is transforming Sokoto State into a major agro-export hub through irrigation, value addition, and strategic trade links. Discover how this SMART Agenda is creating jobs and boosting the economy.
ECB President Christine Lagarde warns Europe's export model is faltering amid US tariffs and AI competition. Urgent reforms needed to boost resilience.
Oyo State Governor Seyi Makinde describes Segun Awolowo's death as painful loss. Former NEPC director and ECOWAS TPO President remembered for his legacy.
Ogun State Governor Dapo Abiodun expresses deep sorrow over the passing of Segun Awolowo Jr., former NEPC CEO. Read about his remarkable legacy and service to Nigeria.
The Awolowo family announces the passing of Olusegun Awolowo, former NEPC director-general. A dedicated public servant remembered for his integrity and service to Nigeria.
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.
Nigeria plans to generate N1.49 trillion annually by exporting 600MW of electricity to 15 West African countries following successful grid synchronization tests. Full details on this energy breakthrough.
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.
Lagos State Truck Operators commend Apapa Port Manager Adebowale Lawal's 24/7 dedication that resolved export truck gridlock. Discover how his leadership transformed port access roads.
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.
International Trade Centre reveals Nigeria's $3.9 billion untapped export opportunities in cocoa, cashew, coffee. Discover how Nigeria can boost forex earnings.
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.
Oil and Gas Watchdogs Network commends NUPRC's transparent management of Frontier Exploration Fund, highlighting proper deployment for Nigeria's energy security. Read more.
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.