Tag: Oil Production

The Federal Government has approved a new tax incentive for Shell Plc’s Bonga Southwest Aparo deepwater oil project in a ...

Nigeria’s crude oil production has reached its highest level in more than six years, marking another major milestone for the ...

Heirs Energies, operator of Oil Mining Lease (OML) 17, has commissioned a state-of-the-art Integrated Operations Monitoring Centre (IOMC) in Port ...

Seplat Energy, one of Nigeria’s leading independent energy companies, is preparing to showcase its major achievements in gas development and ...

Aradel Holdings Plc delivered a record financial performance in 2025, reporting profit before tax (PBT) of N835.01 billion, a 163.60% ...

Nigeria’s economy recorded a 3.89 per cent growth in the first quarter of 2026, according to new figures released by ...

Nigeria may earn more revenue from crude oil exports following rising tensions in the Middle East, according to indigenous oil ...

Canada-based Meren Energy has announced plans to begin new appraisal and infill drilling activities earlier than expected at the Chevron-operated ...

A fresh dispute over Nigeria’s multi-billion-dollar pipeline surveillance contracts has erupted, with Abili Integrated Services accusing Tantita Security Services of ...

Nigeria imported about 61.7 million barrels of crude oil from the United States between January 2024 and January 2026, highlighting ...