Nigeria's upstream oil and gas sector is riding a wave of renewed investor confidence, with the country's petroleum regulator announcing that a fresh licensing round is already in the pipeline ...
Nigeria has failed to meet its OPEC-mandated crude oil production target, raising fresh alarms about the structural rot at the heart of Africa's largest oil economy and casting a long ...
Nearly 300 companies are vying for just 50 oil blocks in Nigeria's 2025/2026 licensing round, signaling a powerful rebound in investor confidence. The figures were disclosed on Monday by Oritsemeyiwa ...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that sweeping regulatory reforms have unlocked more than "$10 billion" in fresh investments. Mrs. Oritsemeyiwa Eyesan, the Commission Chief Executive of ...
Nigeria’s crude oil production has staged a dramatic rebound, surging to approximately 1.84 million barrels per day (bpd) in recent days — a sharp 40.5% increase from the 1.31 million ...
Nigeria's latest reserve audit reveals a slight dip in crude oil and condensate reserves, offset by record-breaking natural gas figures — a mixed yet cautiously optimistic outlook for the upstream ...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially signaled the end of the "window-shopping" phase for the country’s 2025 oil and gas licensing round, transitioning from administrative screening to ...
Nigeria's upstream oil and gas sector has entered a new chapter, with the country's chief petroleum regulator drawing a firm line under decades of licence hoarding that critics say robbed ...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has made significant strides in rolling out the Petroleum Industry Act (PIA), incorporating 155 Host Community Development Trusts (HCDTs) across oil-producing communities in ...
Nigeria's oil sector is off to a troubled start in 2026, with output falling short of both budget and OPEC targets despite favorable oil prices. Figures released by the Nigerian ...
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