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NUPRC warns of fake social media accounts impersonating CEO
Ziggy Ojiegbe The Nigerian Upstream Petroleum Regulatory Commission has alerted the public to the activities of fraudsters impersonating the Commission Chief Executive, Oritsemeyiwa Eyesan, across multiple social media platforms. In a disclaimer issued by the Commission, NUPRC said it had…
NNPCL, NUPRC remit over N322bn, $116.9m To Federation Account in two months
Nigerian National Petroleum Company Limited (NNPCL) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) remitted more than N322 billion and $116.9 million into the Federation Account within two months following the implementation of Executive Order 9. According to documents presented…
Domestic refiners undersubscribe allocated Q1 crude oil feedstock
Ziggy Ojiegbe Refiners in Nigeria’s emerging downstream sector declined to purchase a significant portion of crude oil allocated to them in the first quarter of 2026, despite increased supply from producers, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)….
NUPRC: Nigeria’s energy policy goals align with decarbonization
Gas agenda to generate 3 GW of power, support fuel diversification Frank Okon Nigeria’s oil and gas industry may be entering a new phase of growth, as sweeping reforms, rising investor interest, and a stronger push toward energy transition begin…
Magnus Abe promises stronger leadership as NUPRC Board begins work
Frank Okon The newly inaugurated board of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially resumed duties, pledging to strengthen the Commission’s capacity to deliver on its mandate. Chairman of the board, Senator Magnus Abe, gave this assurance on…
Nigeria’s 2025/26 licensing round unfolds Africa’s global energy role
Sopuruchi Onwuka Nigeria’s planned 2025/26 licensing round is shaping up to be one of the most closely watched upstream opportunities in recent years, both for the scale of assets expected and for what it signals about Africa’s evolving role in…
ExxonMobil engages NUPRC on over $25bn deepwater development plans
Sopuruchi Onwuka ExxonMobil, the world’s largest publicly traded oil company by market capitalization, has unveiled plans to invest more than $25 billion in a series of deepwater oil developments and enhanced recovery projects in Nigeria. The company’s Senior Vice President…
NUPRC says Nigeria has recovered oil output to 1.84m
Channels more oil revenue from NNPC slush funds to federal account Sopuruchi Onwuka Commission Chief Executive of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, has declared that country has rebuilt available oil production capacity to some1.84 million…
Nigeria’s Oil Reserves Stand at 37.01bn Barrels, Gas at 215.19TCF – NUPRC
Sopuruchi Onwuka Nigeria’s total oil and condensate reserves stood at 37.01 billion barrels as of January 1, 2026, while total natural gas reserves reached 215.19 trillion cubic feet (TCF), the Nigeria Upstream Petroleum Regulatory Commission has declared. The Commission Chief…
Renaissance Targets 15 FDPs Annually, Hits 2.2bcf Gas Output
Sopuruchi Onwuka Renaissance Africa Energy Company Nigeria Ltd has outlined plans to ramp up development activity across its asset base, targeting up to 15 Field Development Plans (FDPs) annually, as it scales up gas production and expands operations. The company’s…
