22 h. ago Nigeria’s current account balance to slow on weaker oil production

Nigeria’s current account (CA) balance is projected to decline by 31.4 percent to $11.8 billion in 2025 after it reached read more Nigeria’s current account balance to slow on weaker oil production

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7 d. ago Petralon to add 2,500bpd to Nigeria’s Crude production by August

Nigeria’s crude oil production is set to receive a modest boost as indigenous oil firm Petralon Energy prepares to add read more Petralon to add 2,500bpd to Nigeria’s Crude production by August

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1 week ago Federal Gov’t Approves 37 New Evacuation Routes To Curb Oil Theft

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the federal government has approved 37 new crude oil evacuation routes as part of strategic efforts to combat oil theft and enhance production. Speaking at the ongoing 2025 Nigeria Oil and Gas (NOG) Energy Week in Abuja, NUPRC Chief Executive Officer, Gbenga Komolafe, said protecting […]

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1 week ago Nigeria’s growth rate to hit 4.2% amid improved oil output, business conditions –Report

By Chinwendu Obienyi Nigeria’s economy is expected to grow by as much as 4.2 per cent by the end of the year, buoyed by improved crude oil production, stronger business sentiment, and a gradual recovery from the economic shocks triggered by recent reforms, the latest report from Stanbic IBTC Bank revealed on Wednesday. The estimate […] The post Nigeria’s growth rate to hit 4.2% amid improved oil output, business conditions –Report appeared first on The Sun Nigeria.

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2 w. ago NNPC reports 14% profit surge as oil production continues recovery

The Nigerian National Petroleum Company Limited (NNPC) has recorded a significant jump in profitability, with after-tax profits rising 14 per read more NNPC reports 14% profit surge as oil production continues recovery

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2 w. ago CBN posts $3.73bn current account surplus in Q1 2025, driven by surge in non

From Adanna Nnamani, Abuja Nigeria recorded a current account surplus of $3.73 billion in the first quarter of 2025, buoyed by a strong rebound in the goods account and a surge in non-oil exports. This was according to the latest Balance of Payments (BoP) statistics released by the Central Bank of Nigeria (CBN). Though the […] The post CBN posts $3.73bn current account surplus in Q1 2025, driven by surge in non-oil exports appeared first on The Sun Nigeria.

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3 w. ago Heirs Energies, Renaissance Africa partner to boost petroleum production

Heirs Energies Limited and Renaissance Africa Energy Company are collaborating to deepen local oil and gas production. This deal was consummated during a courtesy visit by Osa Igiehon, CEO of Heirs Energies, to Renaissance’s leadership team, led by the Managing Director, Tony Attah. The meeting, which marked the first formal engagement between the two companies […] The post Heirs Energies, Renaissance Africa partner to boost petroleum production appeared first on The Sun Nigeria.

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3 w. ago We’ll continue to unlock inactive, untapped energy assets to boost national oil production — Lokpobiri

The Federal Government of Nigeria has reaffirmed its commitment to unlocking inactive and untapped energy assets as a cornerstone of its strategy to boost national production. Speaking during a visit to TotalEnergies’ Headquarters in Paris and their Research Institute in Pau, France, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, Ph.D, said: […] The post We’ll continue to unlock inactive, untapped energy assets to boost national oil production — Lokpobiri appeared first on The Sun Nigeria.

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4 w. ago NUPRC reviews crude oil export guidelines to enhance petroleum products tracking

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reviewed the guidelines for the advanced cargo declaration regime, a move aimed read more NUPRC reviews crude oil export guidelines to enhance petroleum products tracking

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4 w. ago NUPRC unveils new guidelines for advanced cargo declaration to boost oil export transparency

From Adanna Nnamani, Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has released new guidelines for the Advanced Cargo Declaration regime, aimed at improving transparency, accountability, and efficiency in the nation’s crude oil and petroleum product exports. According to a statement by the Commission’s Public Affairs and Corporate Communication Unit on Wednesday, the guidelines were […] The post NUPRC unveils new guidelines for advanced cargo declaration to boost oil export transparency appeared first on The Sun Nigeria.

Transport

last month Drop in oil theft: PINL hails impact of surveillance in Niger Delta

Tribune Online Drop in oil theft: PINL hails impact of surveillance in Niger Delta According to him, this has led to increased oil production, resulting in significant revenue for the Federal Government. Drop in oil theft: PINL hails impact of surveillance in Niger Delta Tribune Online

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