With the achievement of 1.8million barrels per day (mbpd) and 7.4 billion standard cubic feet per day (scfd) output in ...

FBN Holdings has approved a N14.4 billion dividend, appoints Adebowale Oyedeji as new Group Managing Director.

ENigeria’s oil production has hit 1.8 million BPD, marking the highest in years, with an ambitious year-end target of 2.5m ...

The Nigerian National Petroleum Company Limited (NNPC) has debunked reports that it has ended petrol imports in Nigeria and ...

The Federal Government is considering adding a fresh liability of $2.2 billion to the existing debt overhang as part of its plans to fund ...

Also yesterday, the Minister of State, Petroleum Resources (Oil), Senator Heineken Lokpobiri, claimed the feat marked his ...

Nigeria's state oil firm NNPC said on Thursday it had increased oil production to 1.8 million barrels per day (bpd), with the ...

Under the agreement, the NNPCL will supply gas to the refinery for an initial period of 10 years, with options for renewal and growth.

Africa will escape a direct hit from President-elect Donald Trump’s tariffs, but is exposed to heavy collateral damage from a ...

The Nigerian National Petroleum Company Limited, NNPC Ltd, and its partners have revved up crude oil and gas production to ...