Oil-producing communities across Nigeria have received a combined ₦358.6 billion under the Host Community Development Trusts (HCDTs) framework established by the Nigerian Upstream Petroleum Regulatory Commission...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unlocked nearly $40 billion in new oil and gas investments through the approval of 79 Field Development Plans...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved the $510 million divestment of TotalEnergies Exploration and Production Nigeria Limited’s 12.5 percent contractor interest in Oil...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Monday signed a Production Sharing Contract (PSC) for Petroleum Prospecting Licences (PPL) 2000 and 2001 with NNPC Limited...
Nigeria is moving to lift crude output to 2.5 million barrels per day by 2026, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). NUPRC Chief...
A fresh report has revealed that oil production in Nigeria is rebounding. The data, from the upstream regulator showed that the country’s oil production has been...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rejected Shell International Plc’s $1.3 billion bid to sell its onshore assets to the Renaissance Consortium. This decision,...
Africa’s largest oil refinery, the Dangote Refinery, has raised concerns over the Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) failure to enforce domestic crude supply obligations. This...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced a notable increase in daily crude oil production. As of July 23rd, production levels have surged to 1.61...
Nigeria pumped 236.2 million barrels of crude oil in the first half of 2024, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). This figure represents...