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NUPRC Rakes in N28bn from Oil Licensing Fees

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has generated a total sum of N28.11bn in miscellaneous oil revenue tied to licensing fees and renewals within the first five months of 2025.

Oil Producers Blocked Crude Supply to Dangote, Other Refineries – NUPRC

Oil Producers Blocked Crude Supply to Dangote, Other Refineries - NUPRC   Efforts of the Nigerian government to mandate upstream oil producers to allocate a portion of their output to domestic refineries were resisted by several companies last year, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)...

FG Secures $16bn Gas Investments in Two Years – NUPRC

FG Secures $16bn Gas Investments in Two Years - NUPRC The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has stated that the Gas sector attracted investments worth $16bn in the past two years. Speaking during the sidelines of the Nigerian Oil and Gas Week in Abuja, NUPRC’s...

Oil Companies Remit N57bn to Host Communities

Oil and gas companies operating in Nigeria remitted a total of N57.07bn to Host Community Development Trusts in 2024, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed.

Nigeria Exports 82% of Crude Oil as Local Refineries Struggle

Nigeria Exports 82% of Crude Oil as Local Refineries Struggle   Amid cries of crude shortage by local refineries in Nigeria, the country exported 82 per cent of its crude oil in the first quarter of 2025. According to a report published by the Nigerian Upstream Petroleum...

NUPRC Requests $5,000, Other Conditions to Extend Oil Licence

NUPRC Requests $5,000, Other Conditions to Extend Oil Licence The Nigerian Upstream Petroleum Regulatory Commission has written to holders of over 40 Petroleum Prospecting Licences, informing them of their PPL tenure expiration and the conditions for extension. According to the NUPRC, any holder who wishes to...