The federal government has created 37 new evacuation routes for crude oil to tackle oil theft and spur production.Mr Gbenga Komolafe, Commission Chief Executive, Nigerian Upstream Petroleum Regulatory ...

The Honourable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has delivered a stirring call to ...

For the record, Etete was the one that set up Marginal Field Decree of 1998 for the benefit of all Nigerians to be included in the oil and gas industry. His tenure heralded a new era of indigenous ...

PARIS - France's TotalEnergies said Thursday it would sell its stake in a major offshore oil field in Nigeria to UK energy giant Shell for $510 million. TotalEnergies is giving up its 12.5 percent ...

Company News Published 05/29/2025, 02:24 AM 0 TotalEnergies sells stake in Nigeria’s Bonga oil field TTEF 0.33% TTE ...

Nigeria’s oil sector, with its vast reserves, has been a major contributor to both the country’s economy and global oil markets. However, the development of oil blocks in Nigeria has faced ...

NUPRC also noted that the daily average production in March was 1,400,783 barrels per day of crude oil and condensate (202993 bopd). The report did not state the cause of the decline in output but ...

Shell’s operations in Nigeria are marked by more than oil—they’re tied to environmental devastation, human rights abuses, and deadly suppression of protest. In this video, we uncover the ...

It is one of the major oil-producing states in the Niger Delta, producing around twenty percent of Nigeria’s estimated daily production of 1.476 million barrels of crude oil per day.