Oil Theft Drops, Nigeria’s Production Hits 1.75 Million BPD Downstream Sector February 17, 2025 There’s some good news for Nigeria’s oil industry the amount of crude oil being stolen has dropped significantly to just…
NUPRC to Producers: Supply Locally or Lose Export Licence Downstream Sector February 7, 2025 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a strong warning to crude oil producers, mandating strict compliance with…
NUPRC Bans Crude Diversion Meant for Local Refineries Downstream Sector February 4, 2025 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that it will no longer grant export permits to oil companies…
NUPRC Targets 2.1 Million Barrels of Oil Per Day in 2025 Downstream Sector January 29, 2025 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set an ambitious goal raising Nigeria’s daily crude oil production to 2.1…
FG Approves Licence for 10,000bpd Refinery in Delta State Downstream Sector January 22, 2025 The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has granted a licence to MRO Energy…
Nigeria Generated ₦8.6 Trillion from Gas in 2024 Downstream Sector January 22, 2025 Nigeria earned around ₦8.6 trillion from natural gas production in 2024, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).…
NUPRC Targets 367.5 Million Barrels of Crude Oil in H1 2025 Downstream Sector January 3, 2025 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a goal to produce 367.5 million barrels of crude oil in…
Host Communities Demand 3% Royalties from Oil Companies Downstream Sector December 23, 2024 The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) have urged international oil companies (IOCs) to comply with the…
Seplat Energy Set to Revitalise 400 Oil Blocks in Nigeria Downstream Sector December 14, 2024 Seplat Energy Plc, one of Nigeria’s leading independent oil companies, has outlined plans to revitalise 400 idle oil wells across…
Reps Orders NUPRC to Reveal Details of Oil Production and Sales Economy December 13, 2024 The Nigerian House of Representatives has instructed the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) to provide a detailed account of…
