Tag: Crude Oil Production

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced Friday, June 12, 2026, as the final deadline for companies participating ...

Nigeria's efforts to improve the competitiveness of its oil and gas industry received a boost as the Nigerian Upstream Petroleum ...

Nigeria’s oil and gas sector attracted approximately $460,000 in capital inflows during the first three months of the year, according ...

Nigeria recorded a significant revenue shortfall from petroleum profit tax and gas tax collections, missing its target by N17.4 trillion ...

Nigeria is preparing to open a new round of oil and gas licensing opportunities in 2026 after receiving presidential approval ...

Nigeria’s national oil company, the Nigerian National Petroleum Company Limited (NNPC), recorded a major rise in earnings in April 2026, ...

Nigeria’s oil revenue fell N7.88 trillion short of the federal government’s budget target, underscoring mounting fiscal pressures on Africa’s largest ...

Nigeria’s oil revenue recorded a significant shortfall of N7.88 trillion against budget expectations, underscoring the persistent fragility of Africa’s largest ...

Nigeria’s Federation Account Allocation Committee (FAAC) is set to receive 100% of revenues generated from Production Sharing Contracts (PSCs) following ...

The Nigerian National Petroleum Company Limited has reported a profit after tax of N276 billion for March 2026, a significant ...