NNPC Exploration and Production Limited (NNPC E&P Ltd), NNPC Ltd’s flagship upstream subsidiary, and Natural Oilfield Services Ltd (NOSL), a subsidiary of Sterling Oil Exploration &...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) over the weekend confirmed the data from the Organisation of Petroleum Exporting Countries (OPEC), which revealed a decline in...
The Nigeria Upstream Petroleum Regulatory Council (NUPRC) has ordered players to supply around 483,000 barrels per day (bpd) of crude oil to local refineries for the...
The Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says Nigeria will meet and surpass the 2024 crude oil production budget benchmark of 1.7 million...
The National Agency (NOA) has commended Dangote Refining Company and the Federal Government for restarting local production of petroleum products in the country. Its Director General,...
The Organization of the Petroleum Exporting Countries (OPEC) has postponed a high-level ministerial meeting from November 26, 2023 to November 30, 2023. According to OPEC+ sources,...
Nigeria’s oil production in October 2023 has suffered a decline to 1.56 million barrels of crude oil per day (bpd) following an increase earlier in September....
Oil production on a daily basis in Nigeria hit 1.346 million barrels in September according to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The...
The Federal Government of Nigeria has assured stakeholders in the oil and gas industry of its commitment to remove bottlenecks in the industry. The Minister for...
…targets 6 months contract cycle …as active oil rigs hit 31 in 2023 from 10 in 2022 … Regulatory uncertainty drags upstream expenditure by 77.8% in...