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Nigeria’s oil reserves increased to 37.5bn barrels in January, says NUPRC

    Nigeria’s oil reserves increased to 37.5bn barrels in January, says NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s oil and condensate reserves stood at 37.50 billion barrels as of January 1, up from 37.046 billion barrels in May

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Report: NUPRC asks oil producers to meet local supply obligations before exporting

    Report: NUPRC asks oil producers to meet local supply obligations before exporting

The Nigerian Upstream Regulatory Commission (NUPRC) has issued new rules requiring oil producers to sell crude to domestic refineries before attending to foreign demands. The commission, on March 27, had

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NUPRC to provide template on domestic crude oil supply to refineries

    NUPRC to provide template on domestic crude oil supply to refineries

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given its enforcement committee 48 hours to produce a template for the implementation of domestic crude oil supply obligation (DCSO) in Nigeria.

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NUPRC: We’re reversing investment decline in upstream sector… Nigeria now has 30 oil rigs

    NUPRC: We’re reversing investment decline in upstream sector… Nigeria now has 30 oil rigs

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigeria is gradually reversing the investment decline in the oil and gas upstream sector. Gbenga Komolafe, chief executive officer (CEO) of the

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Like CBN, NUPRC to relocate some workers from Abuja to Lagos

  Like CBN, NUPRC to relocate some workers from Abuja to Lagos

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it plans to relocate some of its units from Abuja to Lagos.

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Nigeria’s oil production rises to 1.42m bpd — first since March 2021

  Nigeria’s oil production rises to 1.42m bpd — first since March 2021

Nigeria’s oil production increased to 1,426,574 barrels per day in January 2024. The country’s drilling performance was published in the

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SPOTTED: NUPRC plans to spend N50bn on welfare packages in 2024

  SPOTTED: NUPRC plans to spend N50bn on welfare packages in 2024

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) proposed N50.42 billion for welfare packages in 2024. This is contained in the

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‘Retain existing investments, 2.6m bpd output’ — NUPRC unveils three-year plan for oil sector

  ‘Retain existing investments, 2.6m bpd output’ — NUPRC unveils three-year plan for oil sector

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled a three-year plan (2024 to 2026) for operations in the oil

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ICYMI: FG to reduce contract costs to attract oil, gas investments, says NUPRC

  ICYMI: FG to reduce contract costs to attract oil, gas investments, says NUPRC

Gbenga Komolafe, chief executive officer (CEO), Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says the country will introduce incentives to attract

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NUPRC: Crude oil production dropped by 7% to 1.25m bpd in November

  NUPRC: Crude oil production dropped by 7% to 1.25m bpd in November

Nigeria’s oil production dropped to 1,250,299 barrels per day in November 2023. The country’s drilling performance is contained in the

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