Nigerian Oil Firms Accelerate Production Expansion Amid Middle East Tensions
Oil producers in Nigeria are accelerating production expansion plans as escalating geopolitical tensions in the Middle East tighten global crude ...
Tag: Upstream Sector
Nigeria’s Oil Drilling Activity Drops Sharply as Rig Count Falls 41.7% in April 2026
Nigeria’s oil and gas exploration activities experienced a steep decline in April 2026, as upstream drilling operations slowed significantly across ...
Nigeria Imported 61.7m Barrels of US Crude Despite Being Major Producer
Nigeria imported about 61.7 million barrels of crude oil from the United States between January 2024 and January 2026, highlighting ...
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 ...
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 ...
NUPRC Targets 600,000 Barrels Daily Boost from $18.2 Billion New Field Investments
Nigeria’s upstream oil regulator expects the country’s crude output to rise by as much as 600,000 barrels per day (bpd) ...
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