LAGOS: – Nigeria’s oil regulator has approved a $510 million deal by TotalEnergies (TTEF.PA), opens new tab to sell its entire 12.5% interest in oil mining lease (OML) 118, which…
Abuja (Nigeria): Nigeria’s upstream oil sector has recorded a year-on-year output increase, averaging 1.63 million barrels per day (bopd) of crude oil and condensates in August 2025. This is an…
Abuja (Nigeria): The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s upstream oil sector is experiencing a significant turnaround. It said Crude oil losses from theft and metering issues…
Abuja (Nigeria): The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mr Bayo Ojulari, says the company is considering partnering with a professional refinery operator to…
Port Harcourt: Renaissance Africa Energy Company Limited has stated that stakeholders in Nigeria’s oil and gas sector are now better positioned to optimise the nation’s hydrocarbon resources. Mr Tony Attah,…