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Senator Solomon Adeola (Ogun West) has assured extraction of crude oil will also begin at Tongeji Island, located in Ipokia ...
Recall that the Organisation of Petroleum and Exporting Countries, OPEC, had recently issued reports indicating that Nigeria’s oil output has fallen to approximately 1.4 million barrels per day.
A petrol tanker truck exploded after flipping over in central Nigeria on Saturday, killing 70 people who had gathered to take the spilt fuel, the national road safety authority said.
Nigeria’s fiscal stability is under pressure as crude oil production plummeted to its lowest level yet in 2025, raising the alarm bells about the country’s ability to fund its national budget and earn ...
The Minister insisted that the country would ramp up production by tapping into President Donald Trump’s oil drilling plan. Lokpobiri said the 3mbpd would include condensates, saying that Nigeria ...
This undermined investor confidence, constrained capital inflow into the sector, and left Nigeria’s oil and gas value chain in a state of arrested development. At this critical juncture—where ...
Organised by the Society of Petroleum Engineers (SPE) Nigeria Council, the Oloibiri Lecture Series and Energy Forum began in 1991, in commemoration of the country’s first commercial oil discovery by ...
The Cathedral Church of The Advent, Anglican Communion, today marked Palm Sunday in grand style, with the Primate of All Nigeria, His Grace The Most Reverend Dr. Henry Ndukuba, leading the early ...
YENAGOA, Nigeria, April 12 (Reuters) - Nigerian oil producer Oando Plc (OANDO.LG), opens new tab said three sabotage attacks had targeted its pipelines in the oil-rich Bayelsa state in the south ...
The Nigerian government's plans to resume oil drilling in Ogoniland face opposition from environmentalists concerned about past pollution. While some local communities are enticed by promises of jobs ...
According to a statement by the U.S. Mission in Nigeria, the high-level meeting focused on ongoing efforts to restore peace in eastern Democratic Republic of Congo (DRC), where violent conflicts ...
JP Morgan warns that continued oil price slump below $60 may push Nigeria’s current account into deficit within months. Global financial services firm, JP Morgan Chase, on Thursday, warned that the ...