Countries across Africa are preparing for the projected oil boom, and Nigeria is taking its position in the offshore ...

Nigeria's Renaissance Africa Energy Co. Ltd has halted oil shipments via its Okordia-Rumuekpe pipeline in the coastal Rivers ...

Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...

Nigeria, Africa’s largest oil producer, has been left out of a new output increase arrangement by eight members of the OPEC, ...

Nigeria, Ivory Coast, and Mozambique are on course to commence at least 10 new offshore drilling projects between 2026 and ...

The oil minister maintained that Nigeria can easily produce 3 million barrels of oil ... But today, because of local ...

Indonesia, one of Nigeria's key crude oil buyers, has concluded plans to reduce purchases from Nigeria and increase its ...

The Federal Government has tasked indigenous oil companies to ramp up production in order to meet both domestic and export ...

Federal Government announces an immediate ban on oil pipeline imports, aiming to revitalize the domestic oil and gas sector.

As global oil prices plunge below $60 per barrel, Nigeria’s fiscal stability is under serious pressure, threatening the ...

Nigeria’s fiscal deficit may widen as crude oil prices dropped to below $60 per barrel on Monday, causing anxiety among ...

The Federal Government has again tasked indigenous oil companies to ramp up production to meet both domestic and export ...