The 2025 licensing round has seen the Nigerian Upstream Petroleum Regulatory Commission (NUPRC ), throw up 50 oil and gas blocks across five sedimentary basins for...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that Nigeria’s oil output recorded a significant growth in July 2025, averaging 1.71 million barrels per...
New data from the Organization of the Petroleum Exporting Countries’ (OPEC) August 2025 Monthly Oil Market Report (MOMR) indicate that Nigeria was able to sustain its...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) aims to unlock 5.13 billion barrels of deepwater oil reserves, with a goal to boost Nigeria’s oil production...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has generated a total sum of N28.11bn in miscellaneous oil revenue tied to licensing fees and renewals within...
The crude-for-naira policy of the President Bola Ahmed Tinubu administration remains in force, and it is not being considered for review, given the numerous advantages it...
The Shell Companies in Nigeria (Shell) has pledged support for the recent reforms in the oil and gas industry in Nigeria, describing them as a...
In a significant stride towards supporting Nigeria’s commitment to reducing greenhouse gas emissions by 20 percent unconditionally and 47 percent conditionally, as stipulated in...
The $550 million upstream gas project between the NNPC Ltd and TotalEnergies on the development of the Ubeta field has taken off, the Presidency announced...
The reluctance of International Oil Companies (IOCs) operating in Nigeria to shift from exporting Nigeria’s crude to supplying the newly inaugurated 650,000-barrel-capacity Dangote Refinery has been...
