HEINEKEN Lokpobiri, the Minister for State Petroleum Resources (Oil), says Nigeria is targeting 3 million barrels per day of ...

after the Nigerian Upstream Petroleum Regulatory Commission took over two years to approve the deal With an asset base that includes 48 oil and gas fields, three export terminals, five gas ...

Troops of the 6 Division, Nigerian Army, have dismantled 13 illegal bunkering sites and recovered no fewer than 300,000 ...

For many decades, the petroleum industry, Nigeria’s cash cow, was in the doldrums due largely to administrative and ...

and Eni sold off their stakes in onshore oil fields to local companies and indigenous players. In October, the Nigerian government approved four major oil divestments including the sale of ...

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the President of Nigeria had the power to declare a field as a marginal field. The marginal field award was to encourage local companies to participate in the upstream sector of the oil and gas ...

Norway’s majority state-owned Equinor announced it had exited Nigeria altogether after the completion of a $1.2 billion divestment that included its 20.21 percent stake in the Agbami oil field.

This initiative aligns with Nigeria’s commitment to the United Nations Sustainable ... This crude supply is expected to be ...

An ongoing oil spill at a wellhead and subsequent fire in Buguma community in Nigeria's coastal Rivers state has entered its fourth week, with no immediate action taken by authorities or operators to ...

President Bola Tinubu’s energy sector reforms are prompting oil companies to take a second look at Nigeria, argues his ...

Eni's subsidiary, Nigerian Agip Exploration Limited (NAE), on behalf of NNPC Limited and NAE PSC, has awarded scholarships to ...