crude oil

The Dangote Petroleum Refinery and Petrochemicals FZE has increased the price of Premium Motor Spirit (petrol) from ₦1,185 to…

One of the enduring frustrations of Nigerians is the seemingly one-sided trajectory of petrol prices. Whenever international crude…

From monitoring developments in the media over the past few days, one question continues to stand out. With Brent…

Nigeria’s crude oil production has climbed to its highest level in five years, averaging 1.71 million barrels per day between…

Nigeria generated approximately ₦12.81 trillion from crude oil exports in the third quarter of 2025, according to data from the…

NNPC Limited’s flagship upstream subsidiary, NNPC E&P Limited (NEPL), reached a landmark output of 355,000 barrels of oil per…

Nigeria imported 31.69 million barrels of crude oil from the United States in seven months, according to data from the US Energy…

Nigeria’s crude oil and condensate production declined to an average of 1.58 million barrels per day (bpd) in September 2025,…

The Nigerian Navy successfully intercepted a large wooden boat carrying approximately 90,000 litres of stolen crude oil off the…

Nigeria's daily average oil production increased by 152,000 barrels per day (b/d) in November 2024, according to the latest…