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Tag: Nigerian Upstream Petroleum Regulatory Commission (NUPRC)

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Oil Theft: As Nigeria Bungles OPEC Quota, Niger Delta Minister Meets Tompolo, Ijaw Monarch

By Ayo Yusuf The serial failure of Nigeria to meet its daily quota of about 1.8 million barrels per day has necessitated a meeting between...

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Nigeria’s Annual Upstream CAPEX Drops To $6bn- NUPRC

By Agency Report The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s total annual upstream capital expenditure decreased from 27 billion dollars in 2014...

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SERAP Urges Tinubu to Probe Missing $15bn In Oil Revenue, N200bn For Refinery Repairs From 2020-2021

By Ayo Yusuf The Socio-Economic Rights and Accountability Project, SERAP, has urged President Bola Tinubu to “set up a presidential panel of enquiry to promptly...

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Nigeria Secures $13 Billion In Investment Pledges From Big Oil

By Tsvetana Paraskova Nigeria has secured a total of $13 billion in investment commitments in its oil and gas sector from major international energy companies,...

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FG, States, Local Govts Share N3.06tn As Naira Dips Further to 990/$1 At Parallel Market

By Louis Achi Nigeria's Naira continues in its weak form on Wednesday as it depreciated to N990 to a dollar at the parallel market as...

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Nigeria’s Oil Production Plunges By 15.5% In July

By Charles Kennedy Oil production in Nigeria slumped by 15.5% in July from June, marking the third month-on-month decline since April, according to data from...

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