Nigeria is putting another 40 oil and gas blocks on the market, extending a push to find investors willing to develop acreage that has historically remained idle for years despite
By Aliyu Inuwa Mansir For years, traders and commuters along Murtala Muhammed Way in Kano metropolis have endured a persistent and offensive stench that hangs over the area daily, disrupting...
Shell and Chevron have signed a preliminary agreement to acquire exploration and production rights over Ghana’s South Deepwater Tano Cape Three Points oil and gas block, giving Accra an early
Nigeria’s seaborne petroleum product exports have increased seven-fold since 2023, driven largely by rising output from the Dangote Petroleum Refinery, the US Energy Information Administration (EIA) has said. According to
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is considering a crude oil swap arrangement to address the logistical and commercial barriers limiting domestic refineries’ access to locally produced crude oil.
Aradel Holdings Plc is targeting 2027 for the commencement of Premium Motor Spirit (PMS) production at its 11,000 barrels-per-day modular refinery in Ogbele, Rivers State, as deregulation of Nigeria’s downstream
The Nigerian National Petroleum Company (NNPC) Limited has reported a 15.8% increase in profit after tax (PAT) to ₦535 billion in June 2026, up from ₦462 billion recorded in May.