In April 2025, the Organization of the Petroleum Exporting Countries (OPEC) experienced a slight reduction in oil production, averaging 26.60…
Browsing: Oil
A leading company in the oil and gas sector has launched a training program aimed at equipping young individuals with…
The recent victory of Donald Trump in the United States presidential election has raised concerns among economic analysts about its…
Nigeria’s oil imports experienced a sharp decline of 35% in the second quarter of 2024, according to a recent report…
TotalEnergies, a major player in the global energy sector, has announced its plans to increase investment in Nigeria’s oil and…
The government of Kogi State is seeking inclusion in Nigeria’s 13% derivation fund, granted to oil-producing states. With recent declarations…
The Nigerian government has announced plans to enhance oil production through the implementation of a new Floating Production Storage and…
The Nigerian military has reported significant gains in its ongoing operations against insurgency, banditry, and oil theft across the country.…
Nigeria, the largest oil producer in Africa, is encountering a notable setback as its oil Gross Domestic Product (GDP) growth…
The Nigerian Upstream Petroleum Regulatory Commission has initiated the bidding process for 12 oil blocks recently made available for sale,…
The federal government through the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has introduced new regulations requiring its oil producers to…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said on Monday that the country’s oil and gas reserves stood at 37.50…
The number of functional oil drilling rigs across the country increased marginally to 16 in February, data from the latest March…
The outgoing French Ambassador suggests that Nigeria’s difficulties in meeting its oil contracts have been a contributing factor to the…
As we look ahead to 2024, several key trends and factors are likely to shape the landscape of the oil…
InfoStride News reported on December 5 that the Nigerian National Petroleum Company Limited (NNPCL) is set to change its crude…
Africa’s most populous country is poised for a showdown with OPEC+ and its allies, as the largest oil producer on…
Infostride News reports that the International Energy Agency (IEA) has unveiled optimistic projections for the global oil market, anticipating a…
Infostride News sheds light on the impact of the Russia-Ukraine conflict on Nigeria’s crude oil inflow in the international market,…
Saudi Arabia and Russia have come together to announce their commitment to extending oil production cuts until the end of…