The Federal Government has reaffirmed its commitment to completing the Eleme section of the East-West road, leading to the Oil and Gas Free Zone in Onne, Rivers State, by December 2025. The Permanent ...

The license gives exclusive right to establish, construct and operate a gas distribution system in a designated local Gas Distribution Zone (GDZ)On Tuesday, the Nigerian government awarded 10 gas ...

Meanwhile, President-elect Donald Trump is angling to reverse an offshore oil and gas drilling ban along U.S. coastlines, a policy recently implemented by the Biden administration, as soon as he ...

It comes as BP chief executive Murray Auchincloss puts the emphasis on oil and gas to boost profits, scaling back on the group’s key climate targets since taking the helm one year ago.

The NUPRC boss added that this bold production target aims to position Nigeria as a more competitive and sustainable player in the global oil and gas industry. Oil rigs, also known as drilling ...

Organized under the Niger Delta Community Youths Association, the group launched nationwide protests, rejecting the recent allocation by the Nigeria Upstream Petroleum ... indigenous participation in ...

The Nigerian Upstream Petroleum Regulatory Commission reported a 1.45% increase in oil reserves, and a 0.21% rise in natural gas reserves by 2024 compared with 2023. Nigeria has around 37 billion ...

Last year, at the 23rd edition of the Nigeria Oil and Gas Conference and Exhibition (NOG Energy Week) in Abuja, the state-owned oil firm, Nigerians National Petroleum Company Limited (NNPCL), declared ...

The fine imposed on nine banks by the Central Bank of Nigeria (CBN) over cash scarcity at their automated teller machines (ATM) permeates the frontpages. Quoting data from the Nigerian Upstream ...

Grounded in mutual benefit, China-Nigeria cooperation under the framework of the Belt and Road Initiative (BRI) has infused new momentum into Nigeria’s modernization and economic growth.

Nigeria’s oil and gas sector is at a crossroads in 2025. As the country navigates global shifts in energy demand, domestic economic challenges, and rising geopolitical tensions, industry experts warn ...

The United States has agreed to transfer approximately $52.88 million in forfeited assets to the Federal Republic of Nigeria for the country’s continued assistance in oil case cooperation.