NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that it remitted a total of ₦8.79 trillion to the Federation Account between January and October 2025, reflecting sustained revenue inflows from the…

The Federal Government has embarked on 536 community development projects across the Niger Delta region as part of efforts to improve the welfare of oil-producing communities, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)…

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that oil rig count in the country rose from eight in 2021 to 69 as of October 2, 2025, representing a 762.5% increase in barely four years. A statement by the…

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engineer Gbenga Komolafe, has said Nigeria is applying lessons from costly global divestment cases to safeguard its oil and gas sector, securing over $400…

The Nigerian Upstream Petroleum Regulatory Commission has stated that the country’s rig count will reach 50 by the end of 2025. It noted that Nigeria’s rig count had increased from eight in 2021 to 40 in 2025. The Chief Executive of…

Nigeria’s crude oil production, including condensate, increased by 4% month-on-month (MoM) to 1.737 million barrels per day (bpd) in January 2025, up from 1.667 million bpd in December 2024, according to the Nigerian Upstream Petroleum…

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a ban on the export of crude oil allocated for domestic refining, warning that oil companies must meet local refinery demands before considering foreign markets.…

Nigeria’s revenue from crude oil reached approximately N50.88 trillion in 2024, according to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The commission reported that Nigeria produced 408,680,457 barrels of…

 Management of Dangote Petroleum Refinery has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), to enforce the domestic crude supply obligation as specified in the Petroleum Industry Act (PIA), insisting that refineries…

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has presented two options to parties involved in the divestment transactions for 26 oil blocks, in a bid to quicken the conclusion of the transactions between four International…