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
FG warns investors in the 2025 oil licensing round that all risks are borne by bidders, with no refunds or exchanges allowed under the law
NNPCL urges NUPRC to strengthen investment facilitation, especially in deepwater projects, to keep Nigeria competitive in the global energy market
Nigeria Losing Billions to Oil Theft daily due to sabotage and outdated systems. Experts call for urgent digitalisation and policy enforcement
Nigeria crude oil theft reduction reaches 50% in 2025, with losses falling to lowest since 2009, according to the Nigerian Upstream Petroleum Regulatory Commission
Oil firms resist DCSO policy, rejecting Nigerian government’s push to supply local refineries like Dangote despite regulatory pressure and engagements