Nigeria’s crude oil production climbed to 1.38 million barrels per day (bpd) in March 2026, according to the latest monthly oil market report released by Organization of the Petroleum Exporting Countries. The report, published on Monday, shows a modest recovery in the country’s oil output,
The Nigerian National Petroleum Company Limited has officially introduced a new crude oil grade, Cawthorne, into the global market, marking a major step in Nigeria’s drive to boost production and diversify its export portfolio. The company confirmed that the maiden cargo of the Cawthorne blend was exported on Sunday, April 5, 2026, aboard the MT […]
By Tunde Odesola (Published in THE PUNCH, on Friday, February 27, 2026) Bordered to the west, east and north by Benin, Niger, Chad and Cameroon, Prodigal Land sits southwardly on the banks of the Atlantic Ocean, thrashing its dirty feet in saltwater. There are four gigantic dairy farms spread across Prodigal Land. One is in […]
By Nick AguleEmail: nick.agule@yahoo.co.ukX: @NickAguleFacebook: Nick Agule, FCA26 February 2026 A public statement attributed to the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), NNPCL Branch, requires a factual response. The statement is riddled with contradictions, misinterpretations, and outright falsehoods that risk misleading the public.
The Nigerian National Petroleum Company Limited and Dangote Group have reaffirmed their commitment to a strategic partnership aimed at strengthening Nigeria’s energy security and driving economic prosperity. This renewed alliance was cemented during a high-level visit by the Group Chief Executive Officer of NNPC Ltd, Bashir Bayo Ojulari, and his management team to the
By Olumide Bajulaiye The Nigerian oil and gas industry is undergoing one of its most significant fiscal restructurings in recent years, following sweeping directives that fundamentally alter revenue flows and operational oversight. Announced by the Presidency, these reforms have far-reaching implications for operators, regulators, and the country’s broader fiscal










