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Oil Firms

  • In the NewsOil & Gas

    Oil Firms Remit $6.7bn, N1.5tn to NDDC in Four Years

    by Oluwatosin Racheal Alabi August 7, 2026
    by Oluwatosin Racheal Alabi August 7, 2026

    KEY POINTS Oil and gas companies operating in Nigeria remitted a combined $6.755 billion and N1.529 trillion in statutory contributions to the Niger Delta Development Commission between 2021 and 2025, …

  • In the News

    Nigeria Urges Africa to Build Cheaper Financing for Local Oil Firms

    by Oluwatosin Racheal Alabi August 20, 2025
    by Oluwatosin Racheal Alabi August 20, 2025

    KEY POINTS Nigeria is putting pressure on other African oil producers to create more affordable financing options that will support domestic service businesses in a market that has historically been …

  • Oil & Gas

    Nigeria’s Top Indigenous Oil Firms Post Strongest Output Gains in Years Despite Price Slump

    by Oluwatosin Racheal Alabi August 12, 2025
    by Oluwatosin Racheal Alabi August 12, 2025

    KEY POINTS The largest domestic oil producers in Nigeria have made a remarkable production resurgence, posting some of their highest output figures in years despite declining world prices. In the …

Latest Stories

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  • Nigeria’s Fuel Exports Surge as Imports Fall

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

New Sinopec boss presses reset at world’s biggest oil refiner
Dead Sardines Cut Koeberg Nuclear Plant’s Power Output

Latest Stories

New Sinopec boss presses reset at world’s biggest oil...
Dead Sardines Cut Koeberg Nuclear Plant’s Power Output
NNPC, Shell, Agip Sign Deal to Advance $15bn Bonga...

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