7,942 Permits, 49 Licences Approved in Nigeria’s Oil Sector in Q1 – Report   Nigeria issued 7,942 oil and gas industry service permits and 49 upstream monitoring licences in the first quarter of 2026, reflecting sustained activity in the country’s upstream petroleum sector despite a moderation...

Nigeria’s average daily natural gas production rose to 7.93 billion standard cubic feet per day (bcf/d) in May 2026, a slight increase from 7.88bcf/d in May 2025, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

Oil Output Hits 1.53mbpd, Highest in 11 Months   Nigeria’s crude oil production rose to 1.53 million barrels per day (mbpd) in May 2026, the highest level since July 2025, according to the latest OPEC Monthly Oil Market Report. The figure represents a 41,000 bpd increase from...

The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has set Friday, June 12, 2026, as the deadline for submission of technical and commercial bids in the ongoing 2025 Licensing Round.

Nigeria’s oil production rebounded in April 2026, averaging 1.663 million barrels per day (bpd) of crude and condensates, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

2025 Nigeria exported 485.44 million barrels of crude oil in 2025, representing 82% of total production, according to a report by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).