News

The Nigerian Government has expressed its readiness to create a workable and conducive business environment in the non-oil ...
Shell and TotalEnergies plan first oil from Bonga North and Ubeta fields by 2027 to boost Nigeria’s energy output.
Shell and TotalEnergies are accelerating investments in Nigeria, targeting 2027 for major oil and gas production boosts from ...
The Federal Government has declared an end to what it described as the “era of speculative licensing,” where companies ...
The federal government is expecting to add about 2,500 barrels per day (bpd) to its production capacity following drilling ...
In a renewed push to meet its OPEC production quota and 2025 budgetary targets, the Federal Government on Tuesday declared an end to the era where oil companies acquire field licenses and leave them ...
African exploration and production company Petralon Energy is on track to boost Nigerian crude production by a further 2,500 ...
In May 2025, the Nigerian Upstream Petroleum Regulatory Authority disclosed that Oil production in Nigeria decreased to 1,452,941 barrels of oil per day, representing a 2.20 per cent drop compared to ...