NNPC Limited's record ₦5.4 trillion profit for 2024 is hailed as proof of successful reforms under Bayo Ojulari. Discover how operational discipline and commercial changes are reshaping Nigeria's oil and gas sector.
UK's GETI commends NUPRC for transparent $10bn oil licensing round. Digital portal for 50 blocks aligns Nigeria with global best practices, boosting investor confidence. Read more.
UK-based GETI commends NUPRC's digital licensing portal, projecting $10bn investment. A new benchmark for Africa's oil sector under Engr. Gbenga Komolafe's leadership.
Nigerian Army troops in Kogi intercept a vehicle with 306 parcels of cannabis, arrest fleeing driver. A major blow to drug networks linked to banditry. Read the full details.
A beachside office in the Cook Islands is being used by dozens of tankers to smuggle Russian and Iranian oil, undermining Western sanctions. New Zealand expresses alarm. Read the full investigation.
Nigeria's NUPRC launches 2025 oil licensing round for 50 blocks, aiming to raise $10bn and boost output by 400,000 barrels per day. Discover the transparent bidding process.
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron subsidiary. Deal aims to develop new opportunities in Nigeria's oil sector.
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron. The deal aims to derisk and develop new opportunities in Nigeria's oil sector. Full details inside.
OPEC confirms Nigeria's oil production quota remains at 1.5 million barrels per day until December 2026 to ensure global market stability. Read the full details.
OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.
OPEC+ ministers are expected to keep oil output unchanged in Sunday's online meeting amid price uncertainty. Analysts predict no major market changes as group watches Ukraine talks.
OPEC+ ministers are expected to maintain current oil production levels in their upcoming online meeting. Analysts cite market uncertainty and Ukraine conflict impacts on prices. Read more.
Ogoni communities express frustration over Federal Government's silence months after receiving crucial committee report on potential oil exploration resumption in Ogoniland.
OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.
Troops and NDLEA operatives detain an Air Force member, ACM Anas Muhammed Fakai, caught with firearms en route to Abuja. Investigation reveals police connections. Read the full report.
House of Representatives committee presses EFCC for full details on crude oil seizures and sales under Naira-for-Crude Policy. Hearing adjourned to December 4.
Nigerian Army troops intercept a drug courier in Kogi, seizing 108.8kg of cannabis. Suspect and exhibits handed to NDLEA. A major blow against crime and banditry.
Governor Siminalayi Fubara assures investors Rivers State is secure and open for oil and gas business. Discover opportunities in Nigeria's hydrocarbon heartland.
Nigerian Army troops intercept 108.8kg of cannabis in Kogi, arresting a suspect in a Toyota Camry. This major bust aims to disrupt criminal networks and enhance public safety. Read more.
Dr Omonigho Khalin Egbo's geochemical studies provide crucial data for Nigeria's energy security and revenue growth. Discover how his findings are shaping national oil policy.
NNPC Limited announces record N5.4 trillion profit after tax for 2024 and reveals ambitious $60 billion investment strategy to boost oil, gas and clean energy capacity by 2030.
NDLEA intercepts methamphetamine, cocaine, and cannabis concealed in imported machine cylinders and auto parts at Lagos airport. Multiple arrests made nationwide in major crackdown on drug trafficking ahead of festive season.
NDLEA intercepts 20kg of cocaine from Brazil, arrests 20 Filipino crew members at Apapa port. Agency chairman vows zero tolerance for drug trafficking. Read the full details.
Nigeria's drug enforcement agency intercepts MV Nord Bosporus with 20kg cocaine from Brazil. Captain and 19 crew detained as court grants 14-day investigation period. Read full details.
NDLEA arrests Cross River teacher and wife for possessing 360 bags of marijuana weighing 4.706 tonnes. Suspects claim drugs belonged to absconded tenant. Investigation ongoing.
MOSOP USA calls for Ogoni oil blocks removal from bidding rounds to protect fragile peace process. Federal Government urged to prioritize reconciliation before oil resumption.
Nigeria's oil production exceeds 1.7 million barrels daily as NUPRC reforms gain international support. Discover how Komolafe's leadership is driving sector recovery.
House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.
NDLEA Edo intercepts two buses with 1,455kg of cannabis. The drug cartel abandoned the vehicles and fled. Commander Ofoyeju vows to intensify the fight against drug trafficking.
NDLEA operatives intercept two Sienna buses carrying 1,455kg of cannabis in Edo State. Traffickers abandoned vehicles and fled. Commander issues stern warning to drug cartels.