Nigeria’s oil and gas industry continues to struggle to attract foreign investment, with only $5 million recorded in the second quarter of 2024, following no inflows...
The World Bank has revealed that Nigeria lost approximately N10 trillion in foregone revenue due to fuel subsidies and the use of multiple exchange rates in...
Nigeria’s Brass River and Qua Iboe oil futures have outperformed Brent crude, the world’s benchmark, and are now trading at a $4 premium per barrel amidst...
Oando, a major player in Nigeria’s oil and gas sector, has reached a market capitalization of N1 trillion, placing it among an exclusive group of companies...
Oil and gas experts have called on the Federal Government to partner with local refineries to process the daily allocation of 445,000 barrels of crude oil...
The Nigerian Extractive Industries Transparency Initiative (NEITI) has announced that 198 extractive companies and government agencies have submitted data for the ongoing nationwide reconciliation and validation...
Industry stakeholders have called for stronger policies and enforcement on methane emissions within Nigeria’s oil and gas sector. The Federal Ministry of Petroleum Resources, Nigerian Upstream...
The 6 Division of the Nigerian Army has successfully recovered approximately 238,500 litres of stolen crude oil from suspected thieves across Bayelsa, Delta, and Rivers States....
