Speaking with newsmen in Lagos State, the marketers warned against the looming danger allegedly posed by Dangote Refinery’s ...
Resurgent global interest suggests that Nigeria’s oil industry may be emerging from a slump that had seen production drop to a two-decade low in 2022. Yet foreign firms are no longer the main players.
Nigeria’s oil and gas industry is hurtling toward a major crisis, not from dwindling reserves or hostile divestments, but from an alarming shortage of skilled professionals to drive the next phase of ...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) have rejected alleged plans by the federal government ...
NUPRC Chief Executive Gbenga Komolafe announces record reduction in Nigeria’s crude oil losses, citing reforms and stronger surveillance measures. [Getty Images] The reduction in oil losses is ...
Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. Nigeria booked average daily crude oil production of around 1.5 million barrels for 2025, which ...
Nigeria’s state oil company, the Nigerian National Petroleum Company (NNPC), has reported it posted a net profit of 5.4 trillion naira ($3.6 billion) in 2024, good for a 64% jump from a year earlier ...