Nigerian President Bola Tinubu has signed an executive order introducing a performance-driven framework for oil sector ...

Nigeria's Dangote oil refinery will import at least five million barrels of U.S. WTI crude oil in July, three trading sources ...

The Energy Information Administration (IEA) has reported that US crude and fuel inventories all fell last week, while crude imports from Nigeria hit their ...

President Bola Tinubu has signed a new executive order introducing tax incentives, cost-saving rewards to attract investors ...

Energy analyst Kelvin Emmanuel has stated that the Nigerian government’s new executive directives aimed at improving cost ...

Moody’s Ratings has upgraded Nigeria’s long-term foreign currency and local currency issuer ratings to B3 from Caa1 and ...

The Federal Government has expressed excitement at Moody's Investors Service's latest upgrade of Nigeria's long-term ...

The stake increases Shell’s interest in the field to 67.5% from 55%.

Shell acquires French giant's stake in Bonga field which was producing about 123,000 barrels per day last month ...

French oil major TotalEnergies said on Thursday it agreed to sell its 12.5% stake in the Bonga oilfield offshore Nigeria to ...

Two main players typically drive the development of oil blocks in Nigeria: International Oil Companies (IOCs) and National ...

Nigeria's Dangote oil refinery will import at least five million barrels of U.S. WTI crude oil in July, three trading sources ...