Nigeria’s oil sector expanded by 7.31% in the second quarter of 2026, accelerating sharply from the 2.13% growth recorded in the first quarter, according to the...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) posted a profit after tax of ₦535 billion in June 2026, even as operational disruptions, facility integrity issues...
ExxonMobil and its partners have committed $1 billion to the Usan Infill Project offshore Nigeria, a move expected to increase the country’s crude oil production by...
The Nigerian National Petroleum Company (NNPC) Limited says it has saved $3.4 billion through contract restructuring and operational reforms over the past 14 months, while remitting...
