Steady Year-on-Year Growth Nigeria’s Gross Domestic Product (GDP), grew by 3.98 per cent (year-on-year), in real terms in the third…
Browsing: Oil
Emadeb Petroleum Exploration & Production Company Limited (Emadeb E&P), announced that it has commenced commercial production from Ibom Field Petroleum…
Justice Akintayo Aluko of a Federal High Court, Lagos, has proclaimed an interim order freezing the bank accounts of Plural…
The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to partner with equity investors to revive the country’s non-operational…
Indian state-backed refiner HPCL-Mittal Energy Limited (HMEL) has announced that it has stopped purchasing crude oil from Russia following new…
Nigeria found itself on a tightrope at the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World…
Delta State Governor Sheriff Oborevwori has emphasized the state’s significant role in sustaining and expanding Nigeria’s oil production through peace…
The House of Representatives has ordered an investigation into the $18 billion reportedly spent on Nigeria’s three state-owned refineries, Port…
The National Drug Law Enforcement Agency has expressed support for the regulated export of cannabis oil, while strongly opposing its…
Nigeria’s petrol imports have dropped to their lowest point in at least eight years, according to data from Kpler. The…
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have agreed to increase oil production by 137,000 barrels…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved 79 Field Development Plans (FDPs) worth $39.98 billion in investments between…