Browsing Tag
NUPRC
26 posts
Senate Probe Stalled After Agencies Skip NEITI Audit Hearing
A Senate committee investigation into NEITI audit reports hit a roadblock on Monday after the CBN, NDDC, and NUPRC failed to show up for a scheduled hearing.
House Committee Investigates Lingering Bille Gas Leak Amid Mounting Public Concern
A House committee is investigating a persistent, year-long gas leak in Rivers State, demanding answers from regulatory bodies regarding the environmental crisis and the ongoing suffering of the Bille community.
Nigeria expects 300,000 bpd increase via 2026 licensing bid round
The Nigerian government is targeting a production increase of 300,000 barrels per day through its latest oil block licensing round, with plans already underway for a follow-up 2026 bid phase.
NUPRC Selects 31 Winners for 37 Oil Blocks in Latest Licensing Round
The NUPRC has named 31 companies as winners of 37 oil and gas blocks following a competitive bidding round that drew interest from 143 firms.
31 Companies Secure 37 Oil and Gas Block Licenses in Latest Licensing Round
Nigeria has awarded 37 oil and gas blocks to 31 different companies following the 2025 licensing bid conference in Abuja.
Nigeria Plans 300,000bpd Production Boost Following 2026 Licensing Strategy
The Nigerian government projects a 300,000 barrel per day increase in oil production through the 2025 licensing round, with plans for further expansion in 2026 to reach national output goals.
Nigeria Pulls 13 Oil Blocks After No Bids Received
Thirteen oil and gas blocks are returning to the national licensing pool after failing to receive bids during Nigeria's 2025 Licensing Round.
Revitalizing the Nigerian Oil Sector: NUPRC’s Strategic Transformation
Under the leadership of Oritsemeyiwa Eyesan, the NUPRC is boosting Nigeria's oil sector through regulatory reforms, increased production, and a push for greater transparency and international investor engagement.
Nigeria Suffers 3,100 GWh Power Loss Due to Gas Flaring
Nigeria lost 3,100 GWh of potential power generation in May 2026 as inconsistent data between regulatory agencies highlights the ongoing failure to curb gas flaring despite government initiatives.
Nigeria Surpasses OPEC Oil Output Target with Six-Year Production Peak
Nigeria has outperformed its OPEC oil production quota for the first time in 74 months, hitting an average of 1.56 million barrels per day in June 2026.