News

Crude grade price from Nigeria appreciated above $70 per barrel, marginally higher than the major oil contracts traded on the ...
Alhaji Aliko Dangote, praised NPA for efficiently implementing the Federal Government's policy on domestic sales of crude oil ...
Nigeria’s active crude oil rigs have increased from 44 last week to 46, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).This growth reflects ongoing efforts to boost the ...
NUPRC says oil sector is rebounding, with rig count rising from 8 in 2021 to 46, reflecting investor confidence ...
NNPC says sale of refineries not off the table as rehabilitation faces setbacks due to misaligned imported technology and aging infrastructure.
He said the initiative which was inaugurated in 2024 targeted an increase from 1.46 million to 2.5 million barrels per day ...
Dangote Industries Limited says it expects its 650,000-barrel-per-day refinery to be fully supplied with crude oil from Nigerian producers by the end of 2025 -- a major step towards cutting dependence ...
Backbone Infrastructure Nigeria Limited (BINL), a multinational infrastructure development company, says it will build a $15 ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
The NOG Conference, which spanned 30 June to 2 July. 2025, showcased NCDMB’s leadership in implementing local content ...