Energy major Shell Plc paid $5.34 billion to the Nigerian government in 2024, the largest amount it remitted to any ...

Nigeria's Trans Niger Pipeline, a major oil artery transporting crude from onshore oilfields to the Bonny export terminal, ...

Q3 FID for Nigeria's Usan project as it shifts focus to secure deepwater plays with a $1.5B investment during 2025-2027.

Nigeria is discussing exploration of its deep water oil acreage with Petrobras, years after the Brazilian oil giant exited ...

ExxonMobil expects its final Field Development Plan as well as internal and partner funding approvals to facilitate execution ...

NUPRC plans to increase active oil rigs from 36 to 50 by year-end, boosting Nigeria’s upstream petroleum sector.

ExxonMobil has committed to a $1.5bn investment in Nigeria's deep-water oilfields, demonstrating a strong commitment to the ...

ExxonMobil has confirmed plans to invest $1.5 billion in Nigeria's deepwater exploration and development for the next two ...

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Nigeria’s Minister of Power, Mr. Adebayo Adelabu, has advised the Nigeria Atomic Energy Commission against the plan to build ...

Exxon Mobil Corporation XOM, the U.S. supermajor, is set to invest $1.5 billion in Nigeria’s offshore oil sector, marking a major push to revitalize the country’s deepwater production.