The Federal Government says improved security in the Niger-Delta is responsible for the increased crude oil production to 1.65 million barrels per day as against the...
Nigeria, Africa’s largest oil producer, produced 1.44 million barrels per day in November, a rise of 70,000 bpd from the previous month, as output from Bonny...
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has announced the shutdown of its Bonga oil field, for necessary maintenance. This singular action by Shell has...
Oil prices rose to their highest level since October on Tuesday as the market planned a potential output cut led by producer cartel OPEC. International Brent...
One of the militant groups that have emerged since renewed militancy in the Niger Delta began, the Ultimate Warriors of Niger Delta, on Saturday said it...
Oil prices tumbled on Tuesday as United States rate hike expectations lifted the dollar oil but crude pared losses on worries about more supply outages from...
Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Monday, said Nigeria’s crude oil production had declined from 2.2 million barrels per day to 1.4...
The Niger Delta region moved closer to armed hostilities, following more attacks on oil facilities by youths believed to be alleged supporters of ex-militant Government Ekpemupolo...
Nigeria, aiming to boost its crude output, is still grappling with decrepit refineries that fail to produce fuel, which it has to import, the head of...
The Nigerian National Petroleum Corporation (NNPC) said it had retooled the nation’s refineries and raised their capacity utilisation to 60 per cent ahead of the planned...
