Tag:NUPRC

Energy

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...
Akeem Adebayo -
Energy

Nigeria Hits 1.67m bpd, Meets OPEC Quota for Third Straight Month

ABUJA — Nigeria has met and exceeded its OPEC production quota for the third consecutive month, with crude oil and condensate output reaching 1.67...
Akeem Adebayo -
Energy

Tinubu Approves Deep Offshore Framework to Unlock $50bn Investment

ABUJA — President Bola Ahmed Tinubu has approved a new Deep Offshore Investment Framework designed to unlock up to US$50 billion in new investment...
Akeem Adebayo -
Energy

NUPRC Seeks Unified West African Oil Market as Nigeria Boosts Production

ABUJA — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called for an integrated West African crude oil market and harmonised regulations across the...
Akeem Adebayo -
Energy

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...
Akeem Adebayo -
Energy

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...
Toyin Adebayo -
Energy

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...
Akeem Adebayo -
Energy

Nigeria Targets $30bn–$50bn from 22 Offshore Oil Projects — NUPRC

Nigeria is projecting between $30 billion and $50 billion in investments from 22 major offshore oil and gas projects expected between 2026 and 2030,...
Akeem Adebayo -
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Transport

NPERA Begins Port Regulation, Targets Fair Tariffs and Faster Cargo Clearance

The Nigeria Ports Economic Regulatory Agency (NPERA) has commenced operations as Nigeria’s dedicated statutory economic regulator for the nation’s...
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Transport

Lambata Gridlock Deepens as Locals Demand N500 From Trucks, Other Vehicles

Vehicular movement has been disrupted along the Lambata-Suleja road in Niger State after some local residents reportedly barricaded the...
Politics

ADC Says Rising Food Prices Show Tinubu Government Has Run Out of Ideas

The African Democratic Congress (ADC) has criticised the Federal Government over rising food prices, saying the continued increase in...

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Transport

NPERA Begins Port Regulation, Targets Fair Tariffs and Faster Cargo Clearance

The Nigeria Ports Economic Regulatory Agency (NPERA) has commenced...
Transport

Lambata Gridlock Deepens as Locals Demand N500 From Trucks, Other Vehicles

Vehicular movement has been disrupted along the Lambata-Suleja road...

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