It has been revealed that despite a reported increase in gas utilisation, Nigeria’s oil and gas companies flared an estimated 203.9 billion standard cubic feet (scf)...
The Dangote Petroleum Refinery has reaffirmed its capacity to supply fuel volumes significantly more than Nigeria’s estimated domestic consumption. According to the refinery, it can supply...
Nigeria earned an average of N55.5tn from crude oil sales in 2025, an analysis of official production figures released by the Nigerian Upstream Petroleum Regulatory Commission...
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...
