Tag: NUPRC

HomeNUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stepped up efforts to achieve Nigeria’s 60 per cent methane emissions reduction target by 2035 with the deployment of a digital tracking platform designed to strengthen emissions monitoring, reporting and regulatory enforcement across the oil and gas industry. The platform, known as the Nigerian Oil and Gas …

NUPRC Falls Short of Revenue Target in August despite Improved Crude Output

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said 22 recent oil block awardees are expected to contribute at least 250,000 barrels per day (bpd) to Nigeria’s crude oil production within five years. The Commission also disclosed that domestic refineries received more than 127 million barrels of Nigerian crude oil and condensate between January and …

Nigeria Eyes 500 Million Barrels from New Oil Assets

The Federal Government has called for sustained investment in Nigeria’s oil and gas industry, identifying policy stability, regulatory certainty, security and faster project execution as critical to keeping the sector competitive amid the global energy transition.    The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, made the call on Thursday at the 2026 …

FG Seeks Sustained Oil, Gas Investment as NUPRC Reports Over $57bn Approved Projects

Nigeria and Indonesia are deepening cooperation in the energy sector, with Indonesia’s state-owned oil company, Pertamina, signalling interest in investment opportunities under Nigeria’s 2026 upstream licensing round. The development followed discussions between the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Chief Executive, Mrs. Oritsemeyiwa Eyesan; Indonesia’s Vice Minister of Foreign Affairs, Arif Havas Oegroseno; and Pertamina’s …

Nigeria, Indonesia Deepen Energy Ties as Pertamina Eyes 2026 Oil Bid Round

The Commission gives idle oil licence holders October 31 deadline to clarify work impediments or face revocation   The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to enforce the “Drill-or-Drop” provisions of the Petroleum Industry Act (PIA) 2021 by revoking licences awarded for oil exploration that have remained dormant and failed to meet …

NUPRC Lists 50 Oil Blocks, Slashes Signature Bonus to Between $7m

‎Nigeria’s crude oil and condensate production rose marginally to 1.68 million barrels per day (mbpd) in August 2026, as improved operations at key assets helped the country sustain its recent production gains. ‎According to a statement signed by the spokesperson of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Eniola Akinkuotu, the August output of 1,677,777 …

Nigeria Loses ₦24.47trn Oil Revenue in 2 Years 

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned that companies awarded flare gas sites under the Nigerian Gas Flare Commercialisation Programme (NGFCP) risk losing their permits if they fail to make meaningful progress in developing the sites. The Commission Chief Executive, Mrs Oritsemeyiwa Eyesan, issued the warning on Tuesday in Abuja during a working …

NUPRC Threatens Revocation over Inactive Flare Gas Sites

Nigeria plans to hold at least one oil licensing round every year, with the possibility of twice-yearly auctions, as the Federal Government steps up efforts to revive upstream activity and raise crude production to three million barrels per day by 2030. The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, …

New NUPRC CEO Assumes Office, Assures Robust Reforms in Upstream Oil, Gas Sector

The Crude Oil Refinery Owners Association of Nigeria (CORAN) has called on the Federal Government to adopt urgent measures to improve the supply of crude oil to domestic refineries on commercially sustainable terms, warning that inadequate feedstock could undermine Nigeria’s refining ambitions. CORAN made the call in a position paper titled “Position Paper on the …

Refinery Owners Seek Better Crude Supply to Boost Domestic Refining

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the Federal Government retains the $300 helicopter levy for air navigational services. In a circular signed by the Commission Chief Executive, Mrs. Oritsemeyiwa Eyesan, the NUPRC confirmed that the $300 helicopter levy remains payable to the Nigerian Airspace Management Agency (NAMA). The Commission said the …

NUPRC Falls Short of Revenue Target in August despite Improved Crude Output

Enjoy Unlimited Digital Access

Read trusted, award-winning journalism.

Already a subscriber? Log in