News

Germany has announced plans to expand technical cooperation with Nigeria to develop a comprehensive green hydrogen supply ...
Nigeria’s oil and gas sector has recorded modest achievements against long-standing challenges. The Federal Government, ...
The Dangote Refinery has imported about five million barrels of crude oil in May 2025 as it prepares to hit full production ...
One of the major drawback to Nigeria’s prosperity in the 1990s ... country had become but a fringe player in the crude oil supply chain business, to the detriment of her economy, a vast ...
Nigeria is urging oil companies to collaborate and increase production as the country continues to fall short of its OPEC ...
Shell Plc has revealed that its Nigerian subsidiary, Shell Petroleum Development Company of Nigeria Limited (SPDC), the operator of the SPDC joint venture, ...
Latest data obtained from Nigeria ... supply from OPEC+ in the coming months. However, factors including existing sanctions on Russia, Iran, and Venezuela create additional uncertainty for crude ...
Two main players typically drive the development of oil blocks in Nigeria: International Oil Companies (IOCs) and National Oil Companies (NOCs).
The Technical Sub-Committee on the Crude and Refined Product Sales in Naira is proceeding with the implementation of the federal government’s initiative to conduct crude oil and refined product ...