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Nigeria Oil

OPEC+ To Increase Oil Output by 188,000BPD for June

The OPEC and its allies under OPEC+ don agree to increase oil output by 188,000 barrels per day for June and, as e be,...

FG, Eni And Agip Settle 15-Year OPL 245 Oil Dispute, Tinubu Signs Deal

Federal Government don sign major agreement with Eni and Nigerian Agip Exploration Limited (NAEL) to finally settle the long-standing dispute over Oil Prospecting Licence...

NUPRC CEO Don Become Chair of African Petroleum Regulators

African Petroleum Regulators Forum (AFRIPERF) don officially pick Nigeria as their headquarters, and Gbenga Komolafe, Chief Executive of NUPRC, don emerge as chairman of...

NNPCL Don Come Under Fire Over £14.3 Million Weh Dem Spend for London Office

Di Nigerian National Petroleum Company Limited (NNPCL) dey face serious gbege after Auditor-General 2022 report show say dem no fit account for £14.3 million...

Worldwide Oil Companies Eye Nigeria 2025 Licensing Round

Nigeria 2025 Licensing Round don dey attract early attention from big oil companies worldwide, as dem show say dem still get confidence for Nigerian...

FG Don Cut Oil Signature Bonus To $10m, Say Dem Wan Produce 2.5 Million Barrels Per Day By 2027 – NUPRC

Federal Government don reduce the oil signature bonus from about $100 million to $10 million as part of plan to reach 2.5 million barrels...

Nigeria Oil Production Go Reach 1.8 Million Barrel Per Day Before December End — Ojulari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Bayo Ojulari, don announce say Nigeria oil production go soon...

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