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Nigeria’s Oil Production Rises to 1.82 Million Barrels Per Day, Ojulari Says
EconomyNigeria

Nigeria’s Oil Production Rises to 1.82 Million Barrels Per Day, Ojulari Says

Nigeria’s crude oil production has risen to about 1.821 million barrels per day, including condensates, as the country records stronger output from its...

NUPRC Opens 2026 Licensing Round, Puts 40 Oil and Gas Blocks Up for Bidding
EconomyNigeria

NUPRC Opens 2026 Licensing Round, Puts 40 Oil and Gas Blocks Up for Bidding

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has opened the 2026 oil and gas licensing round, offering 40 blocks across land, shallow-water and...

Nigeria’s Gas Flaring Rate Climbs to 7.48% in August
Economy

Nigeria’s Gas Flaring Rate Climbs to 7.48% in August

Nigeria’s gas flaring rate increased to 7.48 per cent in August 2026, reversing several months of improvement and reaching its highest level in...

Nigeria’s August Oil Output Rises 0.4% as Country Meets OPEC Quota for Fourth Month
NigeriaBusinessEconomy

Nigeria’s August Oil Output Rises 0.4% as Country Meets OPEC Quota for Fourth Month

By Benson Daniel Nigeria’s crude oil and condensate production increased marginally in August 2026, reaching an average of 1,677,777 barrels per day, as...

Nigeria Maintains 1.5 Million Barrels Daily Crude Output in August
NigeriaBusinessEconomy

Nigeria Maintains 1.5 Million Barrels Daily Crude Output in August

By Benson Daniel Nigeria produced an average of about 1.5 million barrels of crude oil per day in August 2026, maintaining production around...

172 Host Community Development Trusts Incorporated Under PIA – NUPRC
BusinessNigeria

172 Host Community Development Trusts Incorporated Under PIA – NUPRC

By Benson Daniel The Nigerian Upstream Petroleum Regulatory Commission has disclosed that 172 Host Communities Development Trusts have so far been incorporated by...

NUPRC Plans Crude Oil Swap to Boost Supply to Local Refineries
Business

NUPRC Plans Crude Oil Swap to Boost Supply to Local Refineries

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has commenced consultations with key stakeholders on a proposed domestic crude oil and gas swap arrangement...

NUPRC Proposes Crude Swap Scheme to Boost Supply to Local Refineries
BusinessActiveNigeria

NUPRC Proposes Crude Swap Scheme to Boost Supply to Local Refineries

By Benson Daniel The Nigerian Upstream Petroleum Regulatory Commission has begun consultations with key players in the oil and gas industry on a...