Limited has hinted that it may sell off the nation’s ageing refineries, as efforts to revamp them have become more complex ...

It is all change at NNPC, says new CEO Bashir Bayo Ojulari, with the Nigerian state oil firm working on a multifront ...

Countries across Africa are preparing for the projected oil boom, and Nigeria is taking its position in the offshore production which is expected to take the lead.

The proposed facility represents Nigeria's largest oil-backed loan to date and Saudi Arabia's first major involvement in the country's financing.

At $5 billion, the Aramco loan would be backed by at least 100,000 barrels per day of oil, the sources said. However, it would almost double the roughly $7 billion of oil-backed loans taken in the ...

In a historic moment for Nigeria’s oil and gas industry, the new Otakikpo crude oil terminal, the country’s first indigenous onshore crude export facility in over five decades built by Green ...

Etete laid the groundwork for local ownership of Nigeria’s most vital economic sector. He empowered Nigerian entrepreneurs, defended the rights of marginalized communities, and helped reposition ...

"Nigeria loses billions of dollars annually to crude oil theft. This is severely undermining our economy, weakening the Naira, and depriving the nation of vital revenue needed for ...

The Trans Niger Pipeline , with a capacity of around 450,000 barrels per day, is one of two conduits that export Bonny Light crude from Nigeria, Africa's biggest oil producer.

Petrobras, Brazil’s state oil company, seeks to re-enter Nigeria’s oil sector. It is specifically interested in frontier deepwater acreage.

Petrobras aims to re-enter Nigeria's oil sector, focusing on deepwater acreage and enhancing Brazil-Nigeria cooperation.