NUPRC’s innovative measurement regulation is set to prevent revenue loss and enhance transparency in Nigeria’s petroleum sector, promising billions in savings.
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Minister Ekpo hails NNPC and TotalEnergies for their groundbreaking achievement in eliminating routine gas flaring, marking a new era in Nigeria’s energy sector.
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Achieving a groundbreaking zero routine gas flare, NNPC Ltd/TotalEnergies JV leads Nigeria towards a sustainable and environmentally friendly energy future.
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Nigeria’s oil production has seen a significant drop, falling to 1.33 million barrels per day (bpd) from the 1.7 million bpd recorded in October of the previous year, a 27.66 …
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The IMF recommends Nigeria fully eliminate electricity subsidies to restore macroeconomic stability, amidst ongoing economic challenges and reform efforts.
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The Niger Delta faces an environmental catastrophe with over 36.1 million litres of oil spilled, devastating local communities and ecosystems.
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With global diesel inventories dwindling, an industrial rebound in North America and Europe could trigger a sharp rise in fuel prices next year.
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Canadian oil producers still face pipeline woes despite the completion of the Trans Mountain Expansion project.
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In a landmark move, NNPC and CBN collaborate to domicile key revenues, aiming to enhance Nigeria’s economic and fuel supply stability.
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Governor AbdulRazaq reveals Nigeria’s oil revenue for the next six months is pre-sold, urging citizens to support government efforts during economic adjustments.