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The pace of Nigeria’s decline will depend partly on how rapidly the world moves away from oil. If it does so quickly with the aim of limiting global warming to 1.9°C, Nigeria’s oil production ...
Petrol production at Nigerian business tycoon Aliko Dangote’s $20bn (£15.5bn) state-of-the-art oil refinery ought to be some of the best business news Nigeria has had in years.
The deaths of more than 100 people following an explosion at an illegal oil refinery in southern Nigeria has thrown a spotlight on the lucrative world of illicit refining, which the BBC's Mayeni ...
If you want to accelerate hair growth, just apply 10 drops of castor oil to the strands and rub it into the scalp 2-3 times a week. This cheap product can also be combined with another oil, for ...
Nigeria's junior oil minister said Shell's asset sale would be quickly approved once all paperwork was received, adding that local companies would be able to step up to fill the void.
Nigeria’s oil output was at the lowest since 1990 as its crude oil production fell below 1 million barrels per day (bpd) in August 2022. And data from the Organisation of the Petroleum Exporting ...
Nigeria has grappled with the problem of oil theft and vandalism for decades, so there’s reason to be cautious about whether the recent improvements will last.
Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan after a recent decline in crude prices sparked concern among banks that ...
It is estimated that Nigeria’s oil industry will need $25 billion in annual investments to reach and maintain a production level of 2 million bpd.
Higher exports and increased demand from the huge new African refinery, Dangote, pushed Nigeria’s oil production in February 70,000 barrels per day (bpd) above its OPEC+ quota of 1.5 million bpd ...
Nigeria's president Bola Tinubu has signed an executive order designed to reduce costs and increase revenue from oil and gas projects. The new upstream petroleum operations cost efficiency ...
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