Tag: NUPRC

Oil and Gas

Nigeria can hit 1.9 million bpd crude oil production — NUPRC

The Nigerian Upstream Petroleum Regulatory Commission has expressed confidence that Nigeria can increase crude oil production to 1.9 million barrels per day, following recent gains that saw the country attain a peak production level of 1.86 million bpd in May. According to Vanguard, the Commission Chief Executive of NUPRC, Mrs. Oritsemeyiwa Eyesan, disclosed this on […]

Business

Nigeria’s crude oil output could reach 1.9mbpd – NUPRC

Nigeria’s crude oil production has the potential to increase to 1.9 million barrels per day in the near term, following recent gains in output, according to the Nigerian Upstream Petroleum Regulatory Commission. The Commission Chief Executive of the NUPRC, Oritsemeyiwa Eyesan, made this known on Wednesday during a meeting with the Chairman of the Nigeria […]

Business

NUPRC workers begin indefinite strike, shut offices nationwide

Workers of the Nigerian Upstream Petroleum Regulatory Commission commenced an indefinite nationwide strike on Monday over unresolved welfare concerns, leading to the closure of the commission’s offices across the country. Sources, however, indicated that operational personnel were exempted from the industrial action for now, pending the outcome of ongoing negotiations between the parties, according The […]

Oil and Gas

Refiners fail to lift $3.13bn worth of crude in Q1 — NUPRC

Domestic refiners in Nigeria left an estimated $3.13bn worth of crude oil unlifted in the first quarter of 2026, highlighting deepening inefficiencies in the country’s crude supply framework. Analysis of data released by the Nigerian Upstream Petroleum Regulatory Commission on Wednesday showed that while crude producers made significant volumes available under the Domestic Crude Supply […]

Business featured

NUPRC urges refiners to invest in oil blocks for stability

The Nigerian Upstream Petroleum Regulatory Commission has advised members of the Crude Oil Refinery Owners Association of Nigeria to explore opportunities to acquire oil blocks in future licensing rounds as a sustainable way to address crude supply challenges. The Commission Chief Executive, Mrs Oritsemeyiwa Eyesan, made the recommendation during a recent courtesy visit by CORAN […]

Business

NUPRC heads to appeal court over Dawes Island marginal field ruling

The Nigerian Upstream Petroleum Regulatory Commission has approached the Court of Appeal to challenge a recent Federal High Court judgment concerning the Dawes Island marginal field, in a move reflecting the Federal Government’s effort to safeguard investments and ensure stability in the oil and gas sector. The commission’s application for leave to appeal was filed […]

Oil and Gas

NUPRC reports 4.2% rise in March oil output

The Nigerian Upstream Petroleum Regulatory Commission on Wednesday said that Nigeria’s oil production rose by 4.2 per cent to 1.546 million barrels per day in March 2026, compared to 1.483 mbpd recorded in February. In its oil production status report released yesterday, the Commission said crude oil production (excluding condensate) increased by 5.2 per cent […]

Business

NUPRC unveils reform to boost Nigeria’s oil output

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, has unveiled an ambitious reform agenda to boost crude oil production, restore investor confidence, and position Nigeria as a competitive global energy destination. In her maiden interview published in the latest edition of The Upstream Gaze, the commission’s media publication obtained by […]

Business

Reforms attract over $10bn investment in upstream oil sector – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission says recent reforms have attracted more than $10 billion in upstream oil and gas investment. Chief Executive of NUPRC, Mrs Oritsemeyiwa Eyesan, disclosed this on Thursday in Abuja at the Society of Petroleum Engineers Nigeria Council’s Oloibiri Lecture Series and Energy Forum 2026. She said the reforms, developed with […]

Oil and Gas

Nigeria oil exploration dropped 45% in February 2026 — NUPRC

Nigeria’s oil exploration declined by 45 per cent month-on-month in February 2026, driven by reduced upstream activities. Data from the Nigerian Upstream Petroleum Regulatory Commission showed that the nation’s rig count, a key indicator of upstream oil and gas activity, fell to 22 in February 2026, down from 40 recorded in January 2026. Although the […]