Nigerian crude oil and major global oil contracts fell below $95 per barrel on Wednesday after Iran agreed to reopen the ...

Nigeria’s oil exploration declined by 45 per cent month-on-month (MoM) in February 2026, driven by reduced upstream ...

Diesel prices across major depots in Nigeria have risen above N2,000 per litre, following fresh increases linked to higher ...

Conspiracy with sabotage within pipeline host communities is said to have reared its ugly heads again in pipeline host ...

As oil prices surge across the globe due to the US-Iran war, local refiners have urged the Federal Government to drop the use of international pricing benchmarks for crude supplied to domestic plants, ...

Nigeria's already significant gas reserves have grown by more than 2.2% over the last year, while the country's oil resources ...

LAGOS – The Nigerian Content Development and Monitoring Board (NCDMB) has applauded ESSO Nigeria on the groundbreaking of its permanent shorebase facility at the LADOL Deep Offshore Logistics Base, ...

Nigeria’s oil and gas industry is often viewed through its most visible symbols: operators, production figures, major investments ...

The US-Israel-Iran conflict and disruptions in the Strait of Hormuz have created a significant “Risk Premium” for West African crude. Brent crude reached $101 per barrel before dropping back to $97 a ...

The federal government has unveiled an ambitious plan to reposition Nigeria’s oil palm industry as a major economic driver, ...

Sustainability and environmental responsibility were also highlighted as central to Nigeria’s competitiveness in the global ...

The United States reduced its purchase of Nigerian crude oil sharply in January 2026, with imports dropping by about 47.16 per cent month-on-month, according to the latest data from the U.S. Census ...