6 h. ago NNPCL seeks pipeline communities support to meet 2mbpd 2026 crude oil budget target

…Commends partnership between pipeline protection firm and communities The Nigeria National Petroleum Corporation Limited (NNPCL) has taken its plans to read more NNPCL seeks pipeline communities support to meet 2mbpd 2026 crude oil budget target

Politics

50 h. ago Pipeline security: NNPCL optimistic of 2.06mbpd production in 2026

The Nigerian National Petroleum Corporation Limited (NNPCL) has expressed optimism that with improved security on the Trans Niger Pipeline (TNP), it will easily achieve its crude oil production target of 2.06mbpd for 2026.

Politics

9 d. ago Oil sector urged to streamline operations as Esso E&P flags efficiency gaps

Nigeria’s ambition to increase crude oil production faces a critical test in operational efficiency, with industry leaders warning that policy read more Oil sector urged to streamline operations as Esso E&P flags efficiency gaps

Politics

1 week ago 2026 budget: FG targets 2.06m bpd, $64 crude oil, N1,512/$1 exchange rate

….Targets N34.33t revenue ….As FEC approves 2026–2028 MTEF, Sets Fiscal Policy framework After months of uncertainty surrounding the 2026 budget, read more 2026 budget: FG targets 2.06m bpd, $64 crude oil, N1,512/$1 exchange rate

Politics

1 week ago Nigeria should not be importing fuel, we have capacity to meet local demand —Dangote

•Seeks legislative backing for Nigeria First Policy President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has criticised the crude supply practices of international oil companies, insisting that Nigeria has no justification for importing crude or refined petroleum products if existing laws are properly enforced. Speaking during a visit by the South South Development Commission (SSDC) to […]

Politics

1 week ago OPEC keeps Nigeria’s 1.5m bpd oil quota in place through 2026

The Organisation of the Petroleum Exporting Countries (OPEC) has maintained Nigeria’s crude oil production quota at 1.5 million barrels per read more OPEC keeps Nigeria’s 1.5m bpd oil quota in place through 2026

Politics

2 w. ago PINL adopts traditional communication against crude oil theft in Niger Delta

The company said the sensitisation would help curb the growing menace of drug abuse and addiction amongst youths...

Politics

3 w. ago Soaring palm oil prices lift Presco, Okomu’s profit to a record

Nigeria’s largest palm oil producers are gaining from surging global Crude Palm Oil (CPO) prices, which have seen their net read more Soaring palm oil prices lift Presco, Okomu’s profit to a record

Economics

3 w. ago Nigeria’s U.S. crude imports double in first eight months of 2025

Nigeria’s crude oil imports from the United States more than doubled in the first eight months of 2025, rising 101 read more Nigeria’s U.S. crude imports double in first eight months of 2025

Politics

last month Crude oil supply to domestic refineries increased to 40,000bpd in 2025 – NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced a significant increase in volume of crude oil supplied read more Crude oil supply to domestic refineries increased to 40,000bpd in 2025 – NMDPRA

Politics