Host communities have threatened to shut down activities at Oil Mining Leases 86 and 88 if their grievances regarding ...

In Nigeria, President Bola Tinubu is working to revamp the struggling oil sector as national production hits a record low and ...

This development follows concerns that crude oil output could be disrupted by the unrest and disapproval trailing the appointment of a sole administrator in Rivers State, Vice Admiral Ibok Ete Ibas.

Crude oil price has dropped to $59 for the first time since February 2021. The current oil price threatens Nigeria's oil ...

Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on ...

Nigeria's President Bola Tinubu has appointed ex-Shell executive Bayo Ojulari and a new board to run the Nigerian National ...

Nigeria’s economy faces fresh risk as international crude oil prices slump by $10 per barrel, threatening the country’s ...

Presently, Nigeria's oil production averages 1.7m barrels per day, with the government setting an ambitious target of 2.2m before the end of the year. The upstream sector regulator, the Nigeria ...

Possibility of the Federal Government meeting its oil production target set in the 2025 national budget may have been disrupted, as a protest by the Itsekiri community in the Niger Delta halts ...

Nigeria made the biggest oil production cut among members of the Organization of Petroleum Exporting Countries (OPEC) in March, reducing ...

The Nigeria Economic Summit Group (NESG) has urged the federal government to maintain crude oil production at 2.2 million ...

Nigeria's president has appointed Bayo Ojulari - a former Shell executive - to lead the state-owned oil company, as part of ...