KEY POINTS Nigeria’s crude oil reserves fell slightly to 37.01 billion barrels as of January 1, 2026, down from 37.28 billion barrels recorded a year earlier, according to the Nigerian …
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NUPRC
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In the NewsOil & Gas
NNPC Exports 950,000 Barrels of Cawthorne Blend, Boosting Nigeria’s Oil Revenue
KEY POINTS Nigeria is set to record increased oil revenue following the export of 950,000 barrels of the newly introduced Cawthorne Blend crude by the Nigerian National Petroleum Company (NNPC) …
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In the NewsOil & Gas
NUPRC Chief Reaffirms Commitment to Gender Inclusion in Nigeria’s Energy Sectors
KEY POINTS The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, Oritsemeyiwa Eyesan, has reiterated her commitment to promoting gender inclusion and empowering women across Nigeria’s maritime and …
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KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has signed Petroleum Exploration Licence No. 5 with SeaSeis Geophysical Limited to advance offshore exploration activities. The agreement authorises the company, …
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In the NewsOil & Gas
Oil Producers Get Faster Approvals to Revive Idle Nigerian Wells as Output Push Intensifies
KEY POINTS Oil producers operating in Nigeria are now receiving significantly faster approvals to revive idle wells, as authorities move to boost crude output and strengthen the country’s position in …
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KEY POINTS Nigeria recorded a combined crude oil and condensate production shortfall of about 16.6 million barrels in January and February 2026, according to data released by the Nigerian Upstream …
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In the NewsOil & Gas
Nigeria’s Crude Oil Export Earnings Fall to $31.54bn in 2025 Despite Higher Production
KEY POINTS Nigeria earned $31.54 billion from crude oil exports in 2025, according to data released by the Central Bank of Nigeria (CBN). The figure represents a 14.41 percent decline …
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KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has commenced an investigation into a gas bubbling incident reported in the Bille community of Rivers State, raising concerns over public …
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In the NewsOil & Gas
NUPRC Shortlists Bidders for 2025 Oil Blocks, Advances to Competitive Licensing Phase
KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has officially shortlisted bidders for Nigeria’s 2025 oil and gas licensing round, marking a critical transition from pre-qualification screening to the …
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KEY POINTS The Nigerian Senate has officially confirmed former Rivers South-East senator, Magnus Abe, as the Chairman of the Board of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Abe’s confirmation …