Oil and Gas

Nigeria’s earnings from crude oil export rise by 50.2% to N15.4 trillion in Q1 2024
June 13, 2024

The value of Nigeria’s crude oil export earnings increased by 50.2% in the first quarter of...

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Nigeria’s crude oil production increased by 50 thousand barrels in May – Report
June 6, 2024

A Reuters survey on crude oil production in May has revealed that Nigeria’s average crude oil...

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Nigeria’s 2023 oil export to Indonesia hit $3.8bn
May 30, 2024

Nigeria exported crude oil and gas valued at over $3.8bn to Indonesia in 2023, the Indonesian...

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FG Nets N242bn From Marine Sector, Targets $7bn Oil & Gas Investment
May 30, 2024

The Minister of Marine and Blue Economy, Gboyega Oyetola, has said that his ministry recorded a...

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Nigeria’s crude oil production in April rebounds to 1.28mb/d – OPEC
May 15, 2024

Nigeria’s average crude oil production for the month of April marginally rose to 1.281 million barrels...

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Nigeria oil reserves rise to 37.50 billion barrels in January – NUPRC
April 17, 2024

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said on Monday that the country’s oil and gas...

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Nigeria becomes Africa’s largest importer of refined petrol from Europe – S&P
March 17, 2024

Analysts at S&P Global Commodity Insights revealed that Nigeria has become the largest importer of refined...

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FX devaluation, increased production spurs 37% growth in Nigeria’s oil export in 2023
March 11, 2024

Nigeria recorded a total crude oil export revenue of $18.2 billion in 2023, a 37% increase...

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