Tag:Nigeria oil sector

NUPRC Plans Crude Oil Swap to Boost Supply to Nigerian Refineries

ABUJA — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is exploring a crude oil and gas swap arrangement that could reduce supply costs and...

NUPRC Warns Nigerians Over Fake AI-Generated Recruitment Letters

ABUJA — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned Nigerians against falling victim to a recruitment scam involving fake and artificial intelligence-generated...

PENGASSAN: Nigeria’s Refineries Shut Over Losses, Not Failure to Produce

ABUJA — Nigeria’s state-owned refineries were shut down because their operations were commercially unviable, not because they had completely stopped producing petroleum products, outgoing...

NUPRC Records 97.4% DCSO Performance in Q2

ABUJA — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) recorded a 97.4 percent performance under the Domestic Crude Supply Obligation (DCSO) in the second...

Ogun Joins Oil-Producing States as NNPCL Begins Drilling

Abeokuta, Nigeria — June 25, 2026 — Ogun State has officially joined Nigeria’s league of oil-producing states following the commencement of drilling operations by...

Nigeria targets Q3 2026 oil licensing round as Meren Energy deepens investment commitment”

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the 2026 Oil Licensing Round will commence no later than the third quarter of 2026, following...

Nigeria Must Bridge Oil Sector Skills Gap as Exploration Rebounds — NUPRC Chief Eyesan

Abuja, Nigeria — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned that Nigeria must urgently address the growing skills gap in its upstream...

NUPRC Warns Public Over Fake Eyesan Social Media Accounts

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a public alert warning Nigerians about fraudulent individuals impersonating its Chief Executive, Mrs. Oritsemeyiwa Eyesan,...

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Nigeria to Showcase Jollof, Fashion and Culture to 3,000 WPRF Delegates

ABUJA, August 17, 2026 — Nigeria is preparing to put its food, fashion, music, arts and cultural heritage on...
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Customs Seizes 399 Rifles at Lagos Port, Warns Against Arms Smuggling

The Nigeria Customs Service (NCS) has seized 399 fully assembled pump-action rifles and 535 assorted firearm components intercepted at...

Aiyedatiwa Approves 60% Rise in Subventions for Ondo Tertiary Institutions

AKURE, August 17, 2026 — Ondo State Governor, Lucky Aiyedatiwa, has approved an immediate 60 per cent increase in...

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Nigeria to Showcase Jollof, Fashion and Culture to 3,000 WPRF Delegates

ABUJA, August 17, 2026 — Nigeria is preparing to...

Customs Seizes 399 Rifles at Lagos Port, Warns Against Arms Smuggling

The Nigeria Customs Service (NCS) has seized 399 fully...