Two key stakeholders in Nigeria’s oil and gas industry have resolved to work closed to unlock three million barrels per day (bpd) of crude oil by...
The 31 companies that emerged winners of 37 oil and gas blocks in the 2025 Licensing Round must pay their signature bonuses within the stipulated period...
Nigeria has mined over 4.6 billion barrels of crude oil from deep offshore assets worth over 5,000 tankers. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), revealed...
Oil industry insiders have described allegations linking the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, to the recent...
Stakeholders in the oil and gas sector have welcomed the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) projection that Nigeria’s upstream oil and gas sector is to...
The desire for a transparent investment framework offering hopes of unlocking up to $50 billion in deep offshore investment and restarting Nigeria’s large, capital-intensive offshore developments...
Nigeria has met and exceeded its Organisation of Petroleum Exporting Countries (OPEC) quota of 1.5mbpd for the third consecutive month. The Nigerian Upstream Petroleum Regulatory Commission...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has dispelled recruitment rumours, cautioning the public against fake and AI-generated employment letters being circulated in its name. It...
Crude oil and condensate supply to local refineries rose by 88.4 percent to 53.7 million barrels in the second quarter of 2026, Q2’26, from 28.5 million...
Following concerns about the constitution and representation of Host Community Development Trust (HCDT), the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has ordered the Nigerian Upstream...
