NUPRC News
Latest articles and news about NUPRC on AXL Media.
Latest Articles
- NUPRC Urges Independent Petroleum Producers to Prioritize Corporate Governance and Human Capital
Published: Apr 23, 2026
Section: Africa
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on the Independent Petroleum Producers Group (IPPG) to maintain high industry standards and strengthen huma...
- NUPRC Urges Independent Producers To Elevate Corporate Governance And Human Capital Standards
Published: Apr 22, 2026
Section: Africa
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on the Independent Petroleum Producers Group (IPPG) to prioritize human capital development and strict indu...
- Niger Delta Stakeholders Threaten Resistance Over Eni Plan To Divest Five Percent Renaissance Stake
Published: Apr 20, 2026
Section: Africa
Youth groups and regional stakeholders in the Niger Delta are demanding Federal Government intervention to halt Eni’s proposed sale of its minority stake in the Renaissance Joint V...
- Nigerian Upstream Petroleum Regulatory Commission Reforms Secure Over $10 Billion In Strategic Oil And Gas Investments
Published: Apr 10, 2026
Section: Africa
NUPRC Chief Executive Oritsemeyiwa Eyesan announced that recent regulatory reforms have unlocked $10 billion in new upstream investments across Nigeria. Speaking at the 2026 Oloibi...
- ExxonMobil Eyes Final Investment Decision On Eight Billion Dollar Owowo Deepwater Field Development By Early Next Year
Published: Apr 10, 2026
Section: Africa
Energy giant ExxonMobil has signaled a strategic recommitment to Nigeria’s upstream sector, targeting a final investment decision for the one billion barrel Owowo project in 2027....
- NUPRC Chief Demands Shift From Paper to Performance to Secure Nigeria’s 37 Billion Barrel Oil Reserves
Published: Apr 9, 2026
Section: Africa
Oritsemeyiwa Eyesan, Chief Executive of the NUPRC, warned Thursday that Nigeria’s petroleum reforms must transition from theoretical regulations into disciplined execution to unloc...
- ExxonMobil Nears $10 Billion Investment Milestone to Boost Nigerian Deep-Water Production
Published: Apr 9, 2026
Section: Africa
Energy giant ExxonMobil is finalizing a major $10 billion investment strategy aimed at expanding its deep-water operations in Nigeria to reach 180,000 barrels per day. The multi-bi...
- Minister Of Finance Commends NUPRC As Nigeria’s Daily Oil Production Hits 1.84 Million Barrels
Published: Apr 4, 2026
Section: Africa
Finance Minister Wale Edun has lauded the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for increasing daily crude output to 1.84 million barrels. This recovery follows...
- Nigeria’s Gas Reserves Climb to 215 Trillion Cubic Feet as Crude Oil Levels Face Marginal Decline
Published: Apr 1, 2026
Section: Africa
The Nigerian Upstream Petroleum Regulatory Commission has officially declared the nation’s petroleum reserves position for 2026, revealing a 2.21% increase in gas resources. While...
- Nigeria Launches First New Crude Terminal in 50 Years as FSO Cawthorne Exports 950,000 Barrels of ‘Cawthorne Blend’
Published: Apr 1, 2026
Section: Africa
The Nigerian National Petroleum Company Limited (NNPCL) has reached a major milestone with the first lifting of 950,000 barrels of the new Cawthorne Blend crude from the ultramoder...
- NUPRC Mandates Oil Block Development or Forfeiture Under New Petroleum Industry Act Regulatory Framework
Published: Mar 30, 2026
Section: Africa
The Nigerian Upstream Petroleum Regulatory Commission has implemented a strict "drill-or-drop" policy to prevent the long-term hoarding of exploration assets. Under Section 94 of t...
- Nigerian Regulators Slash Approval Wait Times From Weeks To Hours To Revive Idle Oil Wells Amid $100 Prices
Published: Mar 26, 2026
Section: Africa
The Nigerian Upstream Petroleum Regulatory Commission has implemented a fast-track permit system to restart dormant oil wells, reducing processing times to mere hours. This aggress...