A severe hurricane in the Gulf, “where nearly all offshore oil and natural gas leasing and development activity occurs in the U.S., could deal a significant blow to domestic oil and gas ...

Heineken Lokpobiri and his gas counterpart, Ekperikpe Ekpo, have attributed the resurgence in Nigeria’s energy sector to bold reforms, strategic policies and innovative infrastructure development ...

Shell and TotalEnergies are accelerating investments in Nigeria, targeting 2027 for major oil and gas production boosts from ...

This report provides an in-depth analysis of Nigeria's midstream and downstream oil and gas sectors, offering crucial insights into infrastructure, market trends, supply-demand dynamics, and ...

Nigeria's crude oil and condensate reserves totaled 37.5 billion barrels while its gas reserves stood at 209.26 trillion cubic feet as of the start of 2024.

Nigeria is actively courting Chinese investment with the establishment of a dedicated office to streamline partnerships just months after President Bola Tinubu’s return from Beijing. In ...

Insecurity of assets and life with declining capacity for technical and market production are responsible for Nigeria’s low crude oil production.

The energy company’s exit from onshore petroleum drilling in Nigeria is aimed to reduce risks, while it continues to produce oil and gas offshore.

Some analysts in Nigeria’s oil and gas sector have emphasised the need to optimise local content in petroleum operations to ensure sustainable growth of the nation’s oil and gas industry.

Oil production in the country has been blighted by large-scale theft and vandalism, as well as decades of under-investment in infrastructure.

The oil and gas industry in the Gulf has been taking precautionary measures, with the Bureau of Safety and Environmental Enforcement reporting that as of 11:30 a.m. Central time, personnel have ...

Oil took a hit on Tuesday, with U.S. and global benchmark prices dropping to their lowest levels in more than two and half years as demand worries took center stage, but global supplies may soon ...