The Nigerian Upstream Petroleum Regulatory Commission says the country’s oil rig count has risen to 32. The NUPRC Chief Executive, Gbenga Komolafe, announced this during his recent appearance ...

Crude oil production dropped to an average of 1.38mbpd in 2022 and recorded a marginal rise to 1.47mbpd in 2023.

Saudi oil and gas drilling contractor ADES Holding has secured a $21.8 million drilling contract with Brittania-U for its ...

Nigeria’s oil production has hit a rough patch despite a 100 percent increase in the number of active drilling rigs in a ...

We recently compiled a list of the 10 Worst Performing Energy Stocks in 2024. In this article, we are going to take a look at ...

With the 2025 national budget targeting crude oil production of 2.062 million barrels per day (bpd) at $75 per barrel, the ...

GHL has accused FBN of delayed payments leading to 2023 offshore crisis that endangered 93 lives, citing contract breaches.

GHL says FBN's failure to pay its pending requests according to contract led to an incident that nearly claimed 93 lives on ...

Nigeria’s oil output, excluding condensate, increased year-on-year (YoY) by 6.3 per cent to 1.507 million bpd in December ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is aiming for an oil production of at least 2.1 million barrels a day (MMbd) for 2025, its chief executive told the senate.

The industry regulator announced on Thursday that Nigeria's oil reserves will increase in 2024. Meanwhile, crude oil production ...