News

The US President Donald Trump warns that Nigeria will face a 10% tariff for joining BRICS, urging diplomatic handling to ...
Nigeria’s crude oil production is set to receive a modest boost as indigenous oil firm Petralon Energy prepares to add 2,500 barrels ...
Shell and TotalEnergies plan first oil from Bonga North and Ubeta fields by 2027 to boost Nigeria’s energy output.
By Yemie Adeoye We are not a serious people! We have never been in a while, and this complete and utter lack of seriousness ...
LONDON (Reuters) -Nigeria needs to adapt its 2025 budget to lower oil prices and scale up cash transfers to shield the most ...
Nigeria has proven crude oil reserves of 36.9 billion barrels (bb) and natural gas reserves of 193 trillion cubic feet (tcf) accounting for 2.13% and 2,91% of global oil and gas reserves respectively.
Oloibiri Well No. 1, the country's first commercially viable oil well, last produced oil in 1978. ... More oil-rich Niger Delta region of Nigeria. Oil giant Shell has agreed Wednesday Jan. 7, ...
Nigerian graduates once pursued oil and gas careers as the ultimate path to success but shifting economic realities has ...
A fire at a dormant Royal Dutch Shell <RDSa.L> oil well in southern Nigeria caused by thieves trying to siphon off crude oil has killed at least one person, residents said on Wednesday.