President Bola Tinubu has issued policy directives to improve the investment climate and position Nigeria as the preferred investment destination for the oil and gas sector in Africa. In a
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Foreign oil traders are offering loans to provide working capital for Dangote refinery in exchange for fuel from the plant. According to a report by Reuters on Tuesday, Aliko Dangote
The members of the Organisation of the Exporting Countries and its allies (OPEC+) have agreed to extend voluntary oil output cuts of 2.2 million barrels per day (bpd) into the
The Petroleum Tanker Drivers (PTD) group, under the aegis of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), has condemned the degrading maltreatment of two of its members
Oil majors have expressed frustration at Nigeria’s slow progress in approving asset sales in the country. There have been delays
Roger Brown, chief executive officer (CEO), Seplat Energy Plc, says the company is confident the acquisition of Mobil Producing Nigeria
The Nigeria LNG Limited (NLNG) says it is producing over 1.5 million metric tonnes (MT) of liquified petroleum gas (LPG),
The federal government says petrol importation into the country has dropped by 50 percent since the removal of the subsidy.
The federal government says the Obiafu-Obrikom-Oben (OB3) gas pipeline will be completed in March 2024. Ekperikpe Ekpo, minister of state
The Nigerian National Petroleum Company (NNPC) Limited says its role in the divestment of international oil companies (IOCs) from onshore