Nigeria’s deep offshore oil production could receive a significant boost from the $10bn Bonga South project and eight other developments with approved Field Development Plans, the...
Nigeria’s crude oil and condensate production fell 4 per cent month-on-month to 1.67 million barrels per day in July 2026, although output remained above the country’s...
The Dangote Refinery accepted 52.6 million barrels of crude oil out of 68.1 million barrels offered by producers under Nigeria’s Domestic Crude Supply Obligation (DCSO) framework...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has defended the performance of its management under Group Chief Executive Officer (GCEO), Bayo Ojulari, saying crude oil...
Nigeria is projecting up to $50 billion in offshore oil and gas investments by 2030 as it seeks to sustain the recovery in its upstream sector...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has projected that the 37 oil and gas assets offered under the ongoing Nigeria 2025 Licensing Round could add...
The Federal Government has approved a special production-linked tax credit for Shell Plc’s Bonga Southwest Aparo deepwater oil project, a move expected to unlock about $20bn...
Nigeria oil production climbed to a six-year high in June 2026, exceeding the country’s Organisation of the Petroleum Exporting Countries (OPEC) quota for the fourth consecutive...
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...
By Àkànní Olúwaségún Michael Nigeria recorded a significant increase in drilling activity in the first quarter of 2026, with the number of active oil rigs rising...
By Umar Suleiman A fall in Nigeria’s oil production below its allowable quota by over four million barrels in July has led to loss of potential...
As Production Drops to 1.25 Million Barrels Per Day Average oil production in Nigeria has reduced to 1.25 million barrels per day, latest data obtained from...
