A CMB.Tech suezmax tanker has shipped in the first cargo of domestic Egina crude to Nigeria’s huge new Dangote refinery.

The Office of the National Security Adviser (NSA) has reaffirmed the Federal Government's commitment to achieving its crude oil production target of 2.5 million barrels per day.

During the visit, Mr Dangote pledged to collaborate with the new NNPC management to ensure energy security for Nigeria.

The move to denominate crude and refined product sales in Naira is seen as a strategic step toward reducing dependency on ...

Exxon Mobil Corporation XOM, the U.S. supermajor, is set to invest $1.5 billion in Nigeria’s offshore oil sector, marking a major push to revitalize the country’s deepwater production. According to ...

ShareFollowing the President of Dangote Group, Alhaji Aliko Dangote’s thumbs up to President Bola Tinubu for saving the ...

Nigeria has successfully repaid $3.4 billion in emergency funding received from the International Monetary Fund (IMF) during ...

The Defence Headquarters (DHQ) has announced that troops conducting anti-economic sabotage operations in the South-South ...

According to ship-tracking data, about five vessels, carrying 103,800 mt of petrol, discharged petrol for five oil marketers, ...

NOSDRA’s proposed sanction on Aiteo – a $625 fine for 100,000 barrels of crude spilled into the Niger Delta, plus daily ...

ExxonMobil is committing $1.5 billion to deepwater oil and gas exploration in Nigeria, reflecting its confidence in the ...