Nigeria hits OPEC Quota Again as Production Hits 1.67mbpd Nigeria has met its OPEC crude oil production quota for the third consecutive month, despite a 4 percent month-on-month decline in output in July 2026, latest data from the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has shown. The country produced an average of 1.505 million…
Deep Offshore Incentive Order will Accelerate Investment, Production Growth – Ojulari The Nigerian National Petroleum Company Limited (NNPC Ltd.) has welcomed the Federal Government’s signing of the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, describing it as a landmark reform that significantly enhances Nigeria’s competitiveness for deep offshore investment and…
Nigeria’s Offshore Reset: Can Africa Turn Oil Wealth into Investable Capital? By Sola Adebawo Nigeria has spent decades proving that it can find and produce oil. Its harder problem has been persuading global capital to develop the oil it already knows is there. That is why President Bola Ahmed Tinubu’s latest deep offshore investment framework…
Tegbe Calls for Swift Implementation of Nigeria-China Aquatic Products Protocol The Minister of Power, Joseph Tegbe, has called for swift implementation of the Nigeria-China Aquatic Products Protocol, urging that the landmark agreement be translated into higher exports, foreign exchange earnings and stronger opportunities for Nigerian businesses. The Minister spoke during a courtesy visit and…
NLNG, NCDMB Break Ground on Significant HCD Institutional Strengthening Project at Rivers State University Efforts to expand Nigeria’s indigenous research and technological capacity received a major boost on Thursday as NLNG and the Nigerian Content Development and Monitoring Board (NCDMB) broke ground for the NLNG Research and Innovation Centre for Computer and Electrical Engineering…
With sights restored, NNPC/Shell Vision First outreach makes mark in Badagry Nearly 3,000 people in Badagry Local Government Area of Lagos State benefitted from the latest edition of the Vision First initiative of the Nigerian National Petroleum Company Limited (NNPC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo) which held there last week….
Understanding Febuary 28 Middle East Crisis and Strait of Hormuz Impacts The Centre for Petroleum Information (CPI) recently had its Petroleum Policy Roundtable to focus on current crisis leading to spike in crude oil and pump prices. Although prices have gone down but there are still skirmishes suggesting that the war may likely take…
COMMUNIQUÉ FOR NAICE 2026 49th Nigerian Annual International Conference and Exhibition (NAICE 2026) Theme: Thriving in the Evolving Global Energy Landscape: Collaboration, Growth and Resilience The Society of Petroleum Engineers (SPE) Nigeria Council successfully hosted the 49th Nigerian Annual International Conference and Exhibition (NAICE 2026) from 3–5 August 2026 at Eko Hotels and Suites,…
Dangote Refinery: Domestic Crude Must Be Available and Commercially Viable Dangote Petroleum Refinery and Petrochemicals has clarified its position following recent reports referencing data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which suggested that the refinery rejected 15.5 million barrels of crude oil offered by local producers in the second quarter of…
Over 10,000 benefits from NNPC/Shell Vision First initiative as Badagry hosts latest outreach The Vision First initiative of the Nigerian National Petroleum Company Limited (NNPC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo) has continued to impact lives across Nigeria with more than 10,000 people benefitting from outreaches since its inception in 2022….