The Nigerian Upstream Petroleum Regulatory Commission states that 102 Host Community Development Trusts have received N97 billion and $149 million as HCDT funds remitted by settlors. NUPRC’s represent...
Nigeria’s oil rig counts have risen to 46 from 31 as at January 2025. This increase according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) signals a vibrant Petroleum Industry. Gbe...
Despite Nigeria’s non-oil exports posting a 78.07 per cent year-on-year growth in the first quarter of 2025, stakeholders have raised concerns that the figures do not fully reflect the actual value of...
TotalEnergies Marketing Nigeria Plc has projected a profit after tax of N543m for the third quarter ending September 30, 2025, despite significant finance costs impacting overall profitability. The co...
Brent crude could climb as high as $110 per barrel if Iran blocks the Strait of Hormuz, according to a new report by Goldman Sachs. The investment bank projects this scenario could unfold if oil shipm...
Oando Foundation has reiterated its commitment to bridging educational gaps and promoting quality education in the country. The Foundation, an independent charity was established to support the Nigeri...
Oil marketers under the aegis of the Petroleum Products Retail Outlets Owners Association of Nigeria have raised concerns over the Dangote Petroleum Refinery’s plan to distribute fuel directly to fill...
Oando Foundation has reiterated its commitment to bridging educational gaps and promoting quality education in the country. The Foundation, an independent charity was established to support the Nigeri...
The Nigeria National Petroleum Company Limited (NNPCL) has warned the public against falling victim to fake representatives of the company soliciting fees for meetings with NNPC board of directors, ex...
The President of the Dangote Group and founder of the Dangote Petroleum Refinery, Aliko Dangote, says there will be an announcement of what he calls a major ‘shakedown’ in the entire country soon. Dan...
