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In a decisive move to enhance local refining capacity and reduce reliance on imported petroleum products, the Federal Government has banned the export of crude oil...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the winners of the 2022/2023 oil mini-bid round, with Sifax and Royalgate Consortium as well as Oceangate...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially commenced the commercial bid round for 24 oil blocks across the country. This licensing exercise, which was...
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has said the commission has been making efforts to address corruption in the...
The recently released audit report on the Federal Government’s Consolidated Financial Statement for the year ended December 31, 2021, has exposed significant financial irregularities involving the...
The Nigerian National Petroleum Company Limited (NNPCL) has clarified the reason for the seeming discrepancy between its figures on crude oil production and those released by...
The House of Representatives has issued a 96-hour deadline to the Chief Executive Officer of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Engineer Gbenga Komolafe, amid...
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has, on behalf of the Federal Government, assured Governor Usman Ododo of Kogi State of...
The Federal Government has announced an ambitious plan to increase Nigeria’s crude oil production by an additional one million barrels per day within the next 12...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has provided updates on the divestment activities of some International Oil Companies (IOC) in Nigeria. The NUPRC updates were...
Former Vice President, Atiku Abubakar, has warned against forces trying to frustrate the progress of Dangote Refinery. Naija News reports that there have been a series...
Dangote Refinery has said it was yet to receive the 29 million barrels of crude oil the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it allocated...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has refuted claims by the management of the Dangote Petroleum Refinery that it has not properly enforced the domestic...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has expanded the list of available deep offshore oil blocks for the 2024 oil bidding process by adding 17...
The Federal Government has marketed 12 oil blocks and five deep offshore assets up for sale to global oil sector investors. The Chief Executive of the...
The Federal Government has commenced the process for the 2024 oil bid round with 12 oil blocks on offer and seven deep offshore blocks from last...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said Nigeria’s crude oil reserves increased from 36.96 billion barrels (bb) on January 1, 2023, to 37.50 bb...
The federal government of Nigeria has outlined new regulations that will guide the sale of crude oil to refineries in Nigeria. The government, through the Nigeria...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is exploring the possibility of relocating certain units from Abuja to Lagos. According to a memo dated 14th February...
President Tinubu has written to the Senate, seeking the confirmation of some appointees. The Senate President, Godswill Akpabio, made this known while reading the letter on...