Tinubu’s Deep Offshore Tax Incentive Could Unlock $50bn Investment, Add 1m bpd, NUPRC Says
President Bola Tinubu’s new tax incentive for deep offshore oil and gas projects could unlock about $50 billion in investments ...
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Tag: #NUPRC
Nigeria Exceeds OPEC Quota for Third Month Despite July Oil Output Drop
Nigeria exceeded its Organisation of the Petroleum Exporting Countries (OPEC) crude oil production quota for the third consecutive month in ...
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Dangote Refinery Rejects Claim It Turned Down 15.5m Barrels of Nigerian Crude
Dangote Petroleum Refinery has challenged claims that it rejected 15.5 million barrels of crude oil offered by local producers in ...
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Nigeria’s Crude Oil Output May Hit 1.9mbpd as Production Recovery Gains Momentum – NUPRC
Nigeria’s crude oil production could rise to 1.9 million barrels per day in the near term following recent improvements in ...
Read moreNigeria Crude Oil Output Surpasses OPEC Quota, Hits 15-Month High in May 2026
Nigeria’s crude oil production rose above its Organisation of the Petroleum Exporting Countries (OPEC) quota in May 2026, reaching its ...
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Nigeria Exceeds OPEC Quota as Crude Oil Production Hits 11-Month High
Nigeria’s crude oil production surpassed its Organisation of the Petroleum Exporting Countries (OPEC) quota in May 2026, reaching its highest ...
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Nigeria’s Active Oil Rigs Surge 41% in March as Upstream Activity Rebounds
Nigeria's oil and gas industry recorded a strong rebound in drilling activity during the first quarter of 2026, with the ...
Read moreNUPRC, NNRA Move to Harmonise Regulations, Strengthen Radiological Safety in Oil Sector
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has begun efforts to harmonise regulatory processes with the Nigerian Nuclear Regulatory Authority ...
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Tinubu Approves 2026 Oil Licensing Round as NUPRC Targets Fresh Upstream Investments
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has secured presidential approval to commence the 2026 oil licensing round before the ...
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Nigeria’s Oil Output Rises to 1.663 Million bpd in April
Nigeria recorded a strong rebound in oil production in April 2026, with combined daily average crude oil and condensate output ...
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