NigeriaOil

LAGOS: Nigerian refineries are grappling with a severe crude shortage, as oil producers delivered just 28.5 million barrels out of the 61.9 million allocated in the first quarter of 2026. …

Abuja: The Senate, through its Committee on Public Accounts, has given the management of Nigerian National Petroleum Company Limited (NNPCL) until April 29 to appear before it.  The company must …

Abuja:  Nigeria’s Minister of Finance, Wale Edun, has praised the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for boosting crude oil production to 1.84 million barrels per day, calling the milestone …

Lagos: Nigeria’s efforts to increase crude production are now at risk after workers at Seplat Energy, the country’s largest independent oil and gas producer, began an indefinite strike on Friday. …

Nigeria’s former petroleum minister faces six charges at Southwark Crown Court. An EFCC operative has testified via video link from Abuja. The trial is scheduled to conclude by April 24, …

Abuja: Nigeria has 31.09 billion barrels of crude oil and 5.92 billion barrels of condensate, totalling 37.01 billion barrels, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) reports. The NUPRC Chief …

“He who thinks he has caught a tiger may discover, too late, that he was only clutching his own shadow.” That is the problem with the Chatham House commentary by …

Lagos:  Industrialist Alhaji Aliko Dangote has cautioned that escalating tensions in the Middle East could trigger severe oil shocks with far‑reaching consequences for Nigeria and the wider African economy. Speaking …

The recovery is more than a cheque — it is a test of whether Nigeria’s oil giant can finally turn accountability into reform, reports TOYE FALEYE. On March 18, 2026, …

PIA’s Drill-or-Drop Rule Ends Two Decades of Licence Squatting, Opens Door to Annual Bid Rounds Abuja: The Nigerian Upstream Petroleum Regulatory Commission has declared an end to the era of …