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 Federal Government says it has approved 37 new crude oil evacuation routes across the country as part of reforms to bolster production and curb theft.It also said the number of crude oil rigs has ...

From the eight crude oil rigs in 2020 of COVID 19 days, the Nigerian crude oil rigs have now risen to 44. The Nigerian ...

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

"The new guidelines represent a significant step toward a more transparent, accountable and efficient oil export regime in Nigeria," the spokesperson for the regulator said. Reinforcing the necessity ...

NUPRC issues new guidelines for crude oil exports Under the revised regime, the NUPRC said exporters must obtain an export permit, vessel clearance and a Unique Identification Number (UIN) through ...

Senate Republicans have added tax breaks and other subsidies for oil drillers to the GOP tax bill making its way through Congress, including a provision that would reward companies for using an ...

PZ Cussons has agreed to sell its 50 per cent stake in PZ Wilmar, a Nigerian edible oils business, to joi,nt venture partner Wilmar International in a deal valued at approximately £51 million ...

Oil prices increased on Tuesday as the ongoing Iran-Israel conflict showed no signs of resolution. Brent crude rose by 5.29 percent to $77.04 a barrel at 22.15 WAT, while US West Texas ...

New NNPC boss aim to attract $60 billion to Nigeria oil and gas sector While indigenous firms are also producing more volumes than expected from their marginal fields, Flowers said they now need ...

Less reported – but with similar potential – was last year’s signing of the Enhanced Trade and Investment Partnership (ETIP) between the UK and Nigeria, the former’s first such agreement with an ...

DUBLIN-- (BUSINESS WIRE)--Jun 17, 2025--Europe Oil Field Chemicals Industry Report, 2024-2025 & 2034 - Increasing Focus on Operational Efficiency and Production Optimization Through Advanced ...