Over 3.5 billion barrels of oil and condensate reserves are locked in undeveloped fields across different basins in Nigeria, according to reports in a publication by the Nigerian Upstream Petroleum ...

Nigeria has launched oil production from a new field in the Niger Delta region, which is expected to raise crude output at Africa’s top oil producer by 40,000 barrels per day (bpd) by the end of May.

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

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a significant rise in the country’s rig count to 69, reflecting renewed activity and investor confidence in the nation’s oil ...

Nigeria’s crude oil rigs have risen astronomically from eight to 69 in the past four years. The 762.5 per cent leap, said Nigerian Upstream Petroleum Regulatory Commission (NUPRC), indicates renewed ...

LAGOS, Jan 17 (Reuters) - Nigeria's state oil firm NNPC sees an opportunity for new players to enter the country's onshore and shallow water oil fields after the exit of Shell SHEL.L and others, CEO ...

LONDON (Reuters) - Royal Dutch Shell has sold some of four oil fields up for grabs in Nigeria, it said on Wednesday, as the oil and gas company pushes ahead with global asset sales to cut costs. Shell ...

TotalEnergies (NYSE:TTE) announced that its TotalEnergies EP Nigeria subsidiary has executed an agreement with Shell Nigeria Exploration and Production Company (NYSE:SHEL) for the divestment of its ...

Emadeb Petroleum Exploration & Production Company Limited (Emadeb E&P) has achieved the first oil from the Ibom Field (PPL 236).This, it stated, marks another milestone in Nigeria's upstream oil and ...