Nigeria’s upstream and downstream petroleum regulators have renewed cooperation to boost investor confidence and streamline oversight…
Tag: NUPRC
Nigeria’s Fuel Imports Surge Despite Regulatory Changes
Nigeria’s fuel and crude importation remains high despite renewed regulatory oversight and new board appointments in…
Nigeria’s Oil, Gas Gains Fall Short in 2025
Nigeria’s oil and gas performance in 2025 delivered mixed outcomes across the upstream, midstream, and downstream…
Dangote Row Forces Exit of Nigeria’s Top Petroleum Regulators
Nigeria’s petroleum sector entered a new phase of uncertainty on Wednesday, December 17, 2025. Two key…
Tinubu Nominates New NMDPRA, NUPRC Chief Executives
New oil regulators in Nigeria have become necessary following leadership exits at critical petroleum institutions. These…
NUPRC Sets Record Straight on Frontier Fund Release
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has dismissed claims that it is withholding the Frontier…
Nigeria Cuts Signature Bonuses as 2025 Oil Bid Round Begins
Nigeria has cut the 2025 Licensing Round signature bonus to between $3 million and $7 million.…
NUPRC Launches 50-Block Bid Round to Revitalise Exploration
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has launched the 2025 Petroleum…
Chevron Confirms 2025 Licensing Round Plans
Chevron Nigeria has praised the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) as a key enabler of…
IEA Hails Nigeria’s Upstream Reforms
The International Energy Agency (IEA) has praised the continuing reforms in Nigeria’s upstream petroleum sector. At…