Upstream

(r) Group Chief Executive Officer, NNPC Ltd., Mr. Mele Kyari presents a souvenir to the Chief Executive Officer of Schlumberger (SLB), Mr. Olivier Le Peuch, during the signing ceremony of a technical partnership agreement on bolstering…
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Data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) revealed that Nigeria’s crude oil production surged to 159,158,191 barrels in the initial four months of 2024, showcasing a significant uptick compared to…
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By Adaobi Rhema Oguejiofor The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) revealed that the assets and liabilities of Shell Petroleum Development Company of Nigeria Limited (SPDC) are available for sale to the most…
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The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has said that the Nigerian upstream sector is facing severe pressures because of the low crude oil production and lack of…
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TotalEnergies has said, Thursday that oil production is not affected by the Egina field leak, assuring that it is actively managing an oil spill that occurred on November 15 during loading operations. It was reported that Charles…
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Nigeria and other oil and gas-producing countries in Africa may face serious economic problems in 2024 as the African Energy Chamber (AEC) projects a drastic reduction in the continent’s crude oil production. While Nigeria is…
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By Adaobi Rhema Oguejiofor The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that Nigeria’s crude oil output rose to an all-time high of 1.35 million barrels per day in September 2023. The latest figures…
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By Patience Chat Moses The Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Gbenga Komolafe, has listed key policy initiatives which the Commission has identified as major drivers…
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Nigeria’s crude oil revenue suffered a setback in July, with the country losing approximately N249 billion due to a significant drop in oil output. The latest oil production data, seen on Sunday, revealed that the nation’s oil…
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Nigeria’s oil output could improve as Shell Petroleum Development Company (SPDC) says it has resumed loading on Nigeria’s Forcados crude oil after a months-long outage over a pipeline leak at the export terminal. Exports from…
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