In October 2024, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) approved Seplat Energy's purchase of Exxon Mobil's onshore assets valued at $1.28bn after over two years of awaiting ...

With President Bola Tinubu’s declaration of a state of emergency in Rivers State on Tuesday, March 18, the Renaissance consortium—a group of local investors that recently acquired Shell’s onshore oil ...

The latest data from intelpoint reveals Nigeria’s top 10 oil-producing states by daily output. Nigeria, Africa's largest oil ...

Nigeria's Trans Niger oil pipeline has been fully restored and is working normally, after it was ruptured by a blast last ...

Renaissance has confirmed the Trans Niger Pipeline’s resumption after the March 17 blast, ensuring crude exports via Bonny ...

In Nigeria’s 2025 budget, the federal government targets a crude oil production of 2.06 million bpd, including condensate, ...

The British energy giant said it aims to grow top-line production in its upstream and integrated gas segments by 1 percent a ...

Oil services firm Zumax has accused the CBN of negligence in an alleged fraud case, seeking N4.1bn in damages.

Zumax Nigeria Limited, an oil services company, has sued the Central Bank of Nigeria (CBN) for N4.1 billion at the Federal High Court in Lagos. It alleges gross negligence and complicity by CBN over a ...

The group urged the federal government allow continued fuel imports to ensure steady and sufficient supply of the product, ...

TotalEnergies-backed EACOP secures financing for a $5B oil pipeline in Nigeria connecting Uganda and Tanzania, despite pushback from Western banks.