Nigeria surpasses OPEC oil quota as production hits 15-month high
With a condensate production of 170,446 bpd included, the commission put Nigeria’s average total hydrocarbon output at 1.7 million bpd.
With a condensate production of 170,446 bpd included, the commission put Nigeria’s average total hydrocarbon output at 1.7 million bpd.
On Wednesday, the Federal High Court in Abuja ordered a permanent forfeiture of a $13 million belonging to Aisha Achimugu.
The commission said successful applicants were notified to proceed to the next phase of the process.
Gas flaring. Nigeria does not need new laws to end gas flaring because it already has them... What it does ...
NNPC Ltd congratulated Chevron Nigeria Limited (CNL) on the successful drilling of the Awodi-07 appraisal and exploration well, noting that ...
Mrs Eyesan said her vision for the upstream sector rests on three pillars–production optimisation and revenue expansion; regulatory predictability and ...
The Nigerian godfathers of oil rent, to paraphrase Yergin, are putting up fierce resistance against the new dynamics that Dangote’s entry is ...
The group filed the suit at the Federal High Court in Abuja before the news of the MDPRA chief executive’s ...
The programme was one of the government’s initiatives to drive the attainment of zero routine gas flaring by 2035 and ...
The Frontier Exploration Fund, established under the Petroleum Industry Act (PIA) 2021, was designed to support new oil exploration efforts ...
The Executive Secretary of the NCDMB, Felix Omatsola Ogbe announced this in a keynote address he delivered at the opening ...
Mr Komolafe said the 2025 block licensing round would last for approximately six months.
Rig activity, he said, has risen from just eight in 2021 to well over 40 in 2025, reflecting renewed investor ...
The House said preliminary findings suggest that several operators in the oil and gas sector failed to repatriate between 40 ...
It is right, and just, to fight for workers’ rights. But the legitimacy of that fight is inextricably linked to ...
The court further directed that the restraining order and suit be served on all the defendants with immediate effect.
Just about this time last year, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced an ambitious programme to increase Nigeria’s ...
The state-owned oil company explained that the contract is the first to comprehensively cover both crude oil and natural gas ...
Nigeria is the largest holder of natural gas reserves in Africa and among the top ten globally.
The NUPRC puts the Reserves Life Index for Nigerian oil at 64 years while that of gas is 93 years.
This commitment, according to the statement, follows the Public Accounts Committee's scrutiny of financial records from the Nigerian Upstream Petroleum ...
The oil wells in Abia have been dormant since 2001.
Performance is the best PR. PR avails not much without the undergirding of substance. PR without the stuff of performance ...
Mr Edun said this initiative, made possible by Mr Tinubu, has enabled market pricing of petroleum products and foreign exchange.
The NUPRC approved four other other divestment applications but rejected Shell's.
All content is Copyrighted © 2025 The Premium Times, Nigeria
