Africa’s largest refinery is seeking to expand its capacity to 1.4 million with a goal of becoming the world’s largest ...

Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected to disrupt the oil sector in the continent's largest crude producer.

Growing up in southern Nigeria during the 1970s, Bubaraye Dakolo would easily catch 20 kilograms of fish within minutes.Now ...

U.S. supermajor ExxonMobil plans to invest as much as $1.5 billion in deepwater oil and gas exploration and development offshore Nigeria, the local regulator, the Nigerian Upstream Petroleum ...

Nigeria’s upstream oil sector is showing strong signs of recovery, with a 66% surge in active oil rigs reflecting renewed investor confidence and the impact of sweeping reforms aimed at revitalising ...

Nigerian state-owned oil firm NNPC Ltd is seeking technical equity partners to help revive three of its refineries which have remained idle despite significant investments, its chief executive said on ...

ABUJA (Reuters) -Nigeria's economy expanded 4.23% year-on-year in the second quarter, its quickest pace in four years, driven by a sharp rebound in oil output and steady gains in services, data showed ...

Nigeria’s crude oil rigs have risen astronomically from eight to 69 in the past four years. The 762.5 per cent leap, said Nigerian Upstream Petroleum Regulatory Commission (NUPRC), indicates renewed ...