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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...

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...

BusinessNigeria

Nigeria’s Crude Oil Output Stays Above 1.5mbpd for Third Straight Month Despite July Decline

By Benson Daniel Nigeria’s crude oil production remained above the 1.5 million barrels per day mark for the third consecutive month, despite recording...

BusinessActiveNigeria

FG Considers New Crude Supply Rules as Refiners Battle High Feedstock Costs

By Benson Daniel The Federal Government is considering new measures to improve the supply of crude oil to domestic refineries as operators continue...

BusinessInfrastructure & DevelopmentNigeria

Pipeline Surveillance Crucial for $50bn Upstream Investment – Stakeholders

By Benson Daniel Stakeholders in Nigeria’s oil and gas industry have stressed the need for stronger pipeline surveillance and protection as the country...

NigeriaBusiness

Local Refineries Receive 53.7 Million Barrels of Crude in Q2 2026

By Benson Daniel Local refineries in Nigeria received 53.7 million barrels of crude oil and condensate between April and June 2026, according to...

BusinessNigeria

NUPRC Approves Over $57 Billion in Oil and Gas Development Plans Since 2024

By Benson Daniel Nigeria's upstream petroleum sector has attracted significant investment momentum, with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) approving more than...

BusinessNigeria

NUPRC Awards 37 Oil Blocks, Sets 90-Day Deadline for Successful Bidders

By Benson Daniel The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has concluded the commercial phase of its 2025 Licensing Round, announcing 31 companies...