The regulator says the trusts are helping channel oil companies’ statutory contributions into schools, hospitals and other projects, despite disputes over some boards
NUPRC records show 12 Petroleum Prospecting Licences and seven Oil Prospecting Licences with stated expiry dates in 2026 as the regulator pushes investment and its “drill...
NNPC reforms attract over $20bn in gas agreements as Nigeria’s crude production rises to 1.71m bpd, boosting investor confidence
Proposed NUPRC framework could cut logistics costs for local refiners by up to $4 per barrel
NUPRC says June production exceeded OPEC’s quota as stable operations lifted crude and condensate output for a fourth straight month
NUPRC upstream oil investment reforms unlocked over $10bn in oil and gas funding, says CEO Oritsemeyiwa Eyesan at Abuja forum
Nigeria oil and gas reserves update shows crude oil falling to 37.01bn barrels while natural gas rises to 215.19TCF, NUPRC confirms
The Nigerian Senate begins screening Taiwo Oyedele for Minister of State for Finance, following President Bola Tinubu’s nomination
Nigeria’s oil sector loses N1.76tn after missing OPEC production quota from Jan 2025 to Jan 2026, highlighting structural and operational challenges
Nigeria crude oil earnings rose to N55.5tn in 2025 as higher prices offset production shortfalls, official NUPRC and CBN data show
