
Nigeria's Crude Oil Production Declines 4% in July
Nigeria's crude oil production experienced a 4% decline in July, falling to 1.67 million barrels per day (mbpd). The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) reported this decrease.
76 stories found

Nigeria's crude oil production experienced a 4% decline in July, falling to 1.67 million barrels per day (mbpd). The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) reported this decrease.

Nigeria's Upstream Petroleum Regulatory Commission (NUPRC) announced that 53.7 million barrels of crude oil and condensate were supplied to local refineries in the second quarter of 2026, achieving 97.4% compliance with the Domestic Crude Supply Obligation.
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has directed the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to dissolve a disputed Host Community Development Trust within 48 hours due to concerns over its constitution and representation.

Nigeria's Upstream Petroleum Regulatory Commission (NUPRC) aims to attract $30-50 billion in offshore oil investments by 2030 through 22 major projects, seeking to boost production and create jobs.
The House of Representatives has condemned the NUPRC and NOSDRA for their inaction regarding the persistent Billy gas leak in Rivers State, which continues to affect residents' health and livelihoods.

The Nigerian Senate has summoned the Central Bank of Nigeria (CBN), the Nigerian National Petroleum Company Limited (NNPCL), and 40 other Ministries, Departments, and Agencies (MDAs). This action is part of a probe into public funds and claims of non-remittance of revenue.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has awarded 37 oil blocks to 31 firms in the 2026 licensing round. This development follows commercial bidding for Nigeria’s deep offshore and shallow water oil assets.

Nigeria is facing various economic and political challenges, including debates over state finances, a dollar sale row affecting fuel loading, and the government raising bonds to clear debts. Political parties are also preparing for the 2027 elections, while concerns about malnutrition and poverty among children persist.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has awarded 19 oil prospecting licenses to 12 firms during the 2024 bid round. NUPRC also commended ExxonMobil's $1 billion deepwater investment, highlighting its significance for the Nigerian oil sector.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has requested deeper collaboration with the Federal Ministry of Defence to enhance the protection of the country's oil and gas infrastructure through non-kinetic security interventions.

Diezani Alison-Madueke, Nigeria's former petroleum minister, has been acquitted of bribery charges by a UK court, but still faces an open corruption case in Nigeria regarding allegations of lavish spending and illicit enrichment during her tenure.
Nigeria's Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has set June 12 as the deadline for bids for the 2025 oil blocks. This deadline applies to companies interested in acquiring new oil exploration licenses.

Nigeria's oil regulator, NUPRC, has announced that the 2026 oil licensing round will be launched by the third quarter of the year. This initiative aims to boost the country's oil exploration and production.

Nigeria's National Upstream Petroleum Regulatory Commission (NUPRC) is meeting with unions to end a strike and assure steady oil and gas production.
Nigeria's oil and gas regulatory bodies, NUPRC and NMDPRA, are collaborating to eliminate regulatory overlaps and enhance investor confidence in the sector. The NMDPRA specifically stressed the importance of regulatory compliance within free trade zones.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is implementing new measures to enhance and increase the domestic supply of natural gas. These efforts are aimed at strengthening the nation's energy sector.

The Nigerian government has inaugurated new board members for the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), with Chairman Magnus Abe pledging stronger leadership and improved oversight.
Nigeria's Upstream Petroleum Regulatory Commission (NUPRC) is challenging a recent court ruling concerning the Dawes Island field. The move aims to protect Nigerian oil investments and ensure regulatory stability for investors in the country's petroleum sector.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced that Nigeria's daily oil production rose by 4.2% to 1.546 million barrels per day in March 2026, marking an increase from the 1.483 mbpd recorded in February.

Nigeria's oil output has rebounded to 1.84 million barrels per day, a development praised by Minister Edun and aligning with President Bola Tinubu's mandate to increase production.

Nigeria's Upstream Petroleum Regulatory Commission (NUPRC) has signed a three-year agreement in Abuja aimed at boosting offshore exploration activities.

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has reiterated its commitment to approving oil asset divestments only if they meet established regulatory requirements, ensuring adherence to strict standards.

Nigeria’s 2025 oil licensing round advances to the competitive bidding stage after the NUPRC completed its pre-qualification process for 50 oil blocks. Read More: https://punchng.com/nuprc-advances-2025-oil-licensing-round-to-bidding-stage/

The Nigerian Senate has cleared Magnus Abe for appointment as Chairman of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) board. Learn more. Read More: https://punchng.com/senate-clears-magnus-abe-as-nuprc-board-chair/

PREMIUM TIMES had reported that PSC invited seven AIGs for promotion interviews earlier on Friday morning. The post PSC approves promotion of seven AIGs to DIGs appeared first on Premium Times Nigeria.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Extractive Industries Transparency Initiative (NEITI) have reiterated their commitment to enhancing transparency and accountability in the ongoing 2025 oil licensing round. The post NUPRC, NEITI strengthen push for transparency in 2025 oil licensing round appeared first on Vanguard News.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disowned fake, AI-generated employment letters circulating, stating no recruitment is currently ongoing and reporting the matter to law enforcement.
Dangote Refinery in Nigeria has received 52.6 million barrels of crude oil, as the country's Domestic Crude Supply Obligation (DCSO) performance reached 97.4% in Q2 2026.
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has given the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) 48 hours to dissolve a disputed Host Community Development Trust due to concerns about its constitution and representation.

A Nigerian Senate Committee's planned investigation into the Nigeria Extractive Industries Transparency Initiative (NEITI) Oil and Gas Industry Audit Reports for 2021, 2022, and 2023 was delayed after key agencies failed to appear.

INGENTIA Energies has inaugurated the PML 66 Host Community Development Trust (HCDT) board, with Kingsley Ehiaguina of NUPRC pledging transparency. Under the PIA, 163 HCDTs have been incorporated, managing billions of naira.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has awarded 37 oil and gas blocks to 31 companies, cautioning the winners against delays in meeting post-award conditions.

Nigeria's NUPRC announced the return of 13 oil blocks to the government's licensing basket after they failed to attract bids, despite 196 firms qualifying for commercial bids.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on new oil license holders to accelerate field development. This initiative aims to help Nigeria achieve its target of 2 million barrels per day oil production.

The Nigerian Content Development and Monitoring Board (NCDMB), Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDRA), among others, will conduct a joint industry capacity audit to identify service providers for major capital projects, including seven deep-water projects.

Senator Magnus Ngei Abe, Chairman of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has urged Nigerians to maintain confidence in the country’s electoral process. He also commended INEC on the Rivers bye-election.
A NUPRC report indicates that Nigeria's natural gas production rose to 7.93bcf/d in May 2026, with domestic sales reaching 2.18bcf/d, driven by growing local demand.

Civil society organizations (CSOs) and communities in Nigeria are protesting at the NUPRC office, demanding strong accountability safeguards ahead of possible Senate approval for state police and over $270 million in gas flare penalties. They are calling for transparency and proper management of these funds.

Nigeria is facing significant challenges including widespread insecurity, economic hardship, and calls for state police, while also pursuing prison reforms and attracting foreign investment.

Nigeria's oil and gas regulatory operations are under threat nationwide due to a strike by workers of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), organized under PENGASSAN.

Over 100 people have reportedly died following a military airstrike in Nigeria. This incident is a significant development amidst other national news, including government plans for housing and education, and political discussions.
Nigeria is experiencing a surge in domestic gas demand, prompting Nigeria LNG to commit 100% of its LPG production to the local market. The NUPRC is also intensifying reforms to boost supply and meet the growing needs.
The newly inaugurated NUPRC board resumes duties, pledging to strengthen oversight and attract investment amid global oil market uncertainty. Read More:…

The Central Bank of Nigeria (CBN) has issued multiple alerts warning the public about a surge in fake emails, online scams, and fraudulent messages targeting bank accounts.

Nigeria may begin delivering natural gas to Abuja through the AKK pipeline by July, signalling progress in its long-delayed gas infrastructure drive. The post Nigeria to deliver gas to Abuja through…

Nigeria's oil and condensate reserves saw a slight decrease of 0.74% to 37.01 billion barrels as of January 1, 2026, while gas reserves increased by 2.21%.
NUPRC has signed a new exploration licence with SeaSeis to acquire 3D seismic data, aiming to advance offshore exploration in Nigeria’s Niger Delta.

Preliminary investigations into the gas bubbling incident in Bille Community indicate that the seepage may be linked to subsurface geological activity, the Nigerian Upstream Petroleum Regulatory…

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has notified successful applicants to proceed to the next phase of the 2025 licensing round process.

Nigeria’s NUPRC now enforces a drill-or-drop rule under the Petroleum Industry Act, compelling operators to develop oil blocks or relinquish them. Read More:…

Nigeria's NUPRC has overseen the transfer of the OLO oilfield Host Community Development Trust, ensuring project continuity in line with the Petroleum Industry Act.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has cautioned job seekers about fake employment letters and scammers demanding money, clarifying that there is no ongoing recruitment exercise.

Nigeria's Upstream Petroleum Regulatory Commission (NUPRC) reported an 88.4% increase in crude oil and condensate supply to local refineries, reaching 53.7 million barrels in the second quarter of 2026.

Nigeria's upstream petroleum regulator, NUPRC, has approved more than $57 billion worth of Field Development Plans since 2024, anticipating between $30 billion and $50 billion in investments for 22 major offshore projects.
Nigeria's daily gas supply reached 2.05bcf in H1 2026 but missed targets by 35%. The NUPRC has introduced a Gas Swap Framework to boost supply.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that over 1,100 host community projects are currently underway in the Niger Delta, operating under the Petroleum Industry Act’s Host Communities Development Trust framework. These projects aim to boost local development.
Investors have declined to bid on 13 oil blocks offered in Nigeria’s 2025 Licensing Round. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) plans to conduct fresh bids after further geological studies to reduce the perceived risks of these assets.

Nigeria's Upstream Petroleum Regulatory Commission (NUPRC) will hold a commercial bid conference for 50 oil and gas blocks, with evaluations based on signature bonus, work programme commitment, and performance security.

Former Nigerian House of Representatives member Mark Terseer Gbillah has filed Freedom of Information requests with 11 federal institutions, seeking statutory justification for a presidential directive splitting the NUPRC cost of collection.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the federal government will address gas contamination in Rivers State's Bille community, where preliminary assessments indicate the first aquifer has been polluted by nearly a year of toxic gas seepage.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has expressed confidence that Nigeria can increase its crude oil production to 1.9 million barrels per day (bpd), following recent gains.
Nigeria's oil production has surpassed its OPEC quota, reaching a 15-month high. This increase comes as OPEC data also showed a significant slump in Iran's oil production last month.

The Nigerian government has cleared five-month allowance arrears for lecturers and is deploying surveillance aircraft to combat insecurity, while a court voided a N110bn vote for National Assembly vehicles and allowances. Equity investors also experienced significant losses as the market uptrend reversed.
Workers at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have suspended their one-day strike over welfare concerns, leading to the full resumption of work at the commission.
Oil workers at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have initiated an indefinite strike, leading to the shutdown of offices nationwide due to an ongoing welfare dispute.
A coroner has suspended the inquest into the death of Nigerian author Chimamanda Adichie's son, amid allegations of interference by the Lagos Attorney General. The court halted proceedings as the Attorney General denied any involvement.
The new NUPRC board has formally resumed its duties, committing to implement oil reforms under the Petroleum Industry Act to boost Nigeria’s upstream sector.

Nigerian opposition parties are reportedly uniting to present a single candidate against the ruling APC in the 2027 general elections. This move comes amidst ongoing political maneuvering and discussions about presidential endorsements.

Nigeria is grappling with a range of issues, including charges related to an alleged plot to overthrow President Tinubu, ongoing political maneuvering for future elections, and efforts to address economic challenges and security incidents.
Nigeria's Upstream Petroleum Regulatory Commission (NUPRC) has introduced technology-driven reforms aimed at increasing crude oil production, restoring investor confidence, and accelerating regulatory approvals.

Nigeria's oil exploration activities saw a significant 45% month-on-month drop in February 2026, attributed to reduced upstream operations, according to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed a significant 3D seismic deal to acquire new data, aiming to reduce risks in Nigeria’s oil investments and attract exploration in the Niger Delta.

•As NUPRC shortlists investors for 50 oil blocks By Udeme Akpan, Energy Editor Nigeria’s oil output, including Condensate, has dropped month-on-month, MoM, by nine per cent to 1.483 million barrels per day, bpd in February 2026 from 1.627 million bpd in January 2026. The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, disclosed this yesterday in its report – […] The post Nigeria’s oil output drops 9% to 1.483m bpd appeared first on Vanguard News.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shortlisted firms for the 2025 Nigeria oil auction, moving the 50-block licensing round into the competitive bidding stage.

Nigeria's 2025 oil bid round is attracting strong investor interest, with new Petroleum Industry Act (PIA) rules like 'drill or drop' designed to boost development and prevent asset hoarding.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that registration and submission of applications for pre-qualification under the Nigeria 2025 Licensing Round will close at 4:30 p.m. on Friday, February 27, 2026. The post NUPRC closes 2025 Licensing Round Pre-Qualification Friday appeared first on Vanguard News.