NUPRC Raises Oil Production to 1.84 Million Barrels, Eyes Two Million Target
The Nigerian Upstream Petroleum Regulatory Commission has raised daily oil production to 1.84 million barrels, a development that aligns fully ...
Tag: NUPRC
Niger Delta Group Demands Decentralisation of Pipeline Surveillance Contracts
The Niger Delta Roundtable has called for the decentralisation of pipeline surveillance contracts across states and communities in the region, ...
Nigeria Slashes Permit Timelines to Boost Oil Output
Nigeria is accelerating oil production by slashing approval timelines for well permits from several weeks to just hours, as global ...
Court Orders Final Forfeiture of $13 Million Linked to Oceangate, Achimugu
The Federal High Court in Abuja has ordered the final forfeiture of $13 million linked to industrialist Aisha Achimugu and ...
NUPRC Approves Applicants for Next Phase of 2025 Oil Block Auction
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has concluded the pre-qualification phase of Nigeria’s 2025 oil licensing round, with successful ...
President Tinubu Requests Senate Confirmation for Taiwo Oyedele in Major Policy Shift
President Bola Tinubu has formally asked the Senate to screen and confirm Taiwo Oyedele as the Minister of State for ...
Foreign Oil Firms Face 90-Day Incorporation Rule
In a decisive move to strengthen local participation in the energy sector, the Nigerian government has issued a mandatory 90-day ...
Nigeria Earns N55.5tn from Crude Oil Sales in 2025 Despite Output Shortfalls
Nigeria generated an estimated N55.5 trillion from crude oil sales in 2025, supported largely by favourable oil prices, even as ...
Nigeria’s 2025 Oil Production Averages 1.64 Million Barrels Daily Amid Fluctuations
Throughout the first 11 months of 2025, Nigeria's combined crude oil and condensate production averaged a steady 1.64 million barrels ...
Nigeria Cuts 2025 Oil Licensing Signature Bonus to $3–$7 Million
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a major adjustment to the financial terms for the 2025 petroleum ...
