Nigeria’s oil revenue performance deteriorated sharply in the third quarter of 2025 and missed budget expectations by a wide margin of 62 percent. This reinforced concerns...
Data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) shows that Nigeria’s gas production rose by about 3 percent in the first quarter of 2026,...
As ongoing geopolitical tensions in the Middle East, driven by the US-Israel conflict with Iran, have removed an estimated 10 million barrels of oil per day...
Nigeria’s local refiners could not take up an estimated $3.13bn worth of crude oil offered to them in Q1 2026. This was gleaned from data released...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has reiterated commitment to enabling a business-friendly environment and advancing the federal government’s gas agenda. The Commission’s Chief Executive...
The Secretary to the Government of the Federation (SGF), Senator George Akume, on Tuesday charged members of the Board of the Nigerian Upstream Petroleum Regulatory Commission...
One of Nigeria’s domestic refineries, Waltersmith Petroman Oil Limited, has marked a major milestone in the drive for local energy self-sufficiency, with the successful expansion of...
A call has gone to South African investors, banks, and policymakers to take direct stakes in Nigeria’s upstream oil sector to guarantee crude supply for their...
A call has gone to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) the members of the Crude Oil Refinery Owners Association of Nigeria (CORAN) to start...
