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.
Nestoil Limited has firmly denied false reports of being under receivership, calling the publication prejudicial and an act of contempt of court. Learn the full details of the ongoing legal battle.
Major Nigerian filling stations slash petrol prices below NNPC rates as imports surge. Discover how this impacts consumers and market competition.
Pan African Parliament commends Nigeria's petroleum sector reforms and PIA implementation. Nigeria's oil production rebounds to 1.7 million barrels daily, becoming Africa's benchmark for oil governance.
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HYPREP announces enhanced security measures at Ogoni project sites following Ebubu water facility rupture. Restoration efforts underway as community faces water shortage.
Pipeline Infrastructure Nigeria Limited deploys local town criers to enhance security on the Trans Niger Pipeline. Vandalism attempts have dropped by 87% since 2022. Read more on this community-driven success.
ExxonMobil resumes its Rovuma LNG project in Mozambique after a 4-year jihadist insurgency pause. Production expected by 2030, boosting regional economy.
Stakeholders urge the Federal Government to immediately remediate Niger Delta oil spills, enabling a return to agriculture and economic diversification ahead of the global energy transition.
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.
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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.
Tamrose Limited repays a $10 million NCI Fund loan, expanding its fleet from 4 to 15 vessels and creating hundreds of jobs, setting a new benchmark for Nigerian oil and gas service companies.
French energy giant TotalEnergies faces legal action for alleged complicity in war crimes at its Mozambique gas site. NGO claims company knew about civilian abuses but continued operations.
NNPC has reduced petrol prices across Nigeria, offering relief to motorists. Dangote Refinery clarifies the reason behind the price adjustment. Read for full details and state-by-state breakdown.
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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.
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Oil and Gas Watchdogs Network commends NUPRC's transparent management of Frontier Exploration Fund, highlighting proper deployment for Nigeria's energy security. Read more.
The CPPE warns that suspending the 15% import duty on fuel and diesel jeopardizes Nigeria's domestic refineries and energy security. Learn why this policy reversal risks billions in investments.
Muslim Rights Concern and other groups criticize FG's suspension of 15% fuel import tariff, calling it harmful to Nigeria's economic growth and local refining capacity. Demand immediate policy reversal.
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.
Bulgaria appoints special administrator for Lukoil's Neftochim refinery after US sanctions. Parliament authorizes asset seizure amid energy security concerns. Read full details.
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Niger Delta communities demand justice and remediation for decades of environmental degradation from oil spills and gas flaring. Read their emotional testimonies.
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.
Nigerian Senate demands NNPCL refund N210 trillion in unaccounted funds after CEO snubs hearing. Auditor-General's report reveals massive financial discrepancies from 2017-2023 operations.
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.
The International Energy Agency reports a growing oil supply surplus, forecasting a 4 million bpd oversupply by 2026. Discover the market implications for Nigeria.
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West Africa think tank hails NUPRC's bold leadership in transforming Nigeria's oil sector through transparency and innovation. Learn how reforms boost investor confidence.
