
A fresh dispute over oil pipeline surveillance contracts has deepened tensions in the Niger Delta, with Tantita Security Services and Abili Integrated Services locked in a...
Nigeria’s crude oil production fell to 1.31 million barrels per day (bpd) in February, representing a 10.7 percent drop from 1.45 million bpd in January, according...

Crude oil prices climbed sharply on Monday, hitting $79 per barrel – the highest level in over a year and well above Nigeria’s 2026 budget benchmark...

Nigeria has emerged as a regional trading hub for refined petroleum products, rivalling Lome, Togo, sub-Sahara Africa refined petroleum products hub. Key industry leaders made this...

A report by Organisation of Petroleum Exporting Countries (OPEC) has indicated that crude oil exploration in Nigeria dropped year-on-year by 6.7 percent in September 2024, due...
Latest figures from the Organisation of Petroleum Exporting Countries (OPEC) show that Nigeria’s crude oil output, excluding condensate, dropped month-on-month, by seven per cent to 1.3...
The Group Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPC), Mele Kyari, has alleged that stolen crude oil products are now stored in...

Nigeria recorded improvement in crude oil production, increasing production levels in the month of May, with production, rising by 70,000 barrels per day and averaging 1.42...
Adebayo Obajemu Nigeria has for a fairly long time been pumping crude oil quite below the quota allocated to her in the ongoing OPEC+ cuts, as...