Nigeria’s crude oil production has increased to more than 1.8 million barrels per day (bpd), according to the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri. The minister disclosed this on Tuesday while declaring open the 25th Nigerian…
OPEC is Fracturing – But Nigeria’s Real Problem is at Home
By Sola Adebawo For decades, Nigeria’s engagement with OPEC has followed a familiar script: quotas, compliance, and the politics of collective supply management. Today, that script is under strain. Much of the current commentary focuses on exits, fractures, and…
NUPRC Enforces Drill-or-Drop Rule For Oil Blocks
The Nigerian Upstream Petroleum Regulatory Commission has declared that the era of oil companies holding on to exploration licences for years without developing the assets is officially over, as new provisions under the Petroleum Industry Act compel operators to either…
NUPRC Sets Strict Criteria, Reassures Investors as Nigeria Offers 50 Oil and Gas Blocks in 2025 Licensing Round
NUPRC lowers entry barriers for bidders, expects higher performance 50 Blocks up for grabs Nigeria has formally opened 50 oil and gas blocks to investors under its 2025 Oil and Gas Licensing Round, with the Nigerian Upstream Petroleum Regulatory…
NAPE @ 50: Nigeria’s Oil & Gas at a Turning Point as Komolafe Outlines Bold Regulatory Shift
“IT IS NO LONGER BUSINESS AS USUAL” – Engr Gbenga Komolafe. The Chief Commission Executive (CCE) of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), delivered this strong message at the 50th Anniversary celebration of the Nigerian Association of Petroleum Explorationists…
NOG 25: Nigeria’s Oil Future–Lokpobiri Calls for Revived Production, Flags Dormant Wells
At the 2025 Nigeria Oil and Gas Conference, Minister Heineken Lokpobiri reaffirmed the government’s drive to boost crude production, revive dormant oil wells, and strengthen local content and investor confidence.
NUPRC Refutes Claims of Irregularities in 2024 Oil Block Licensing Round, Reaffirms Compliance with PIA
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has firmly dismissed recent allegations of irregularities in the 2024 oil block licensing round, affirming that the process adhered strictly to the Petroleum Industry Act (PIA) 2021 and established licensing guidelines. In a…
Fresh Oil Spill Hits Rivers State as Communities Cry Out for Accountability
Barely two weeks after the oil spill that ravaged Ogale community in Eleme Local Government Area of Rivers State, another devastating environmental incident has struck—this time in Ikata community, Ahoada-East Local Government Area. The fresh spill, which occurred in the…