Nigeria’s state oil company, the Nigerian National Petroleum Company (NNPC), has reported it posted a net profit of 5.4 ...

Nigeria appears set for another decisive round of oil field development, coming just a year after a successful bid cycle that ...

Nigeria has recorded a significant milestone in its oil industry, with crude oil output surpassing 1.7 million barrels per ...

Nigeria has approved 43 new oil and gas field development plans worth $20 billion, aiming to boost output and reverse years ...

Nigeria’s state oil company NNPC Ltd said on Monday it recorded a net profit of 5.4 trillion naira ($3.6 billion) in 2024, up 64% from a year earlier.

TotalEnergies has signed agreements with Conoil to acquire a further 50% interest in oil exploration block OPL 257 from its ...

An arrest warrant issued for Nigeria's former oil minister Timipre Sylva by the country's anti-corruption agency is ...

As it passed above the Niger Delta in 2021, a satellite took an image. It showed acres of land, scraped bare. The site, outside the city of Port Harcourt, was on a cleanup list kept by the United ...

According to the NNPCL, the organisation Revenue stood at ₦45.1 trillion, representing 88 percent year-on-year growth, while profit after tax stood at ₦5.4 trillion, representing 64 percent ...

The Nigerian Upstream Regulatory Commission, NUPRC, said the nation’s oil output has several times exceeded 1.7 million ...

The West Africa Energy Policy Institute (WA-EPI) has commended the Nigerian Upstream Petroleum Regulatory Commission for its ...

Of the ten months reviewed (between December 2024 and September 2025), Nigeria failed to meet OPEC’s 1.5 million-barrel-per-day quota on seven occasions. Crude oil production has remained constrained ...