Tag: NUPRC

Nigeria’s oil regulator plans crude swap to support local refineries

Nigeria crude swap plan aims to boost refinery supply, cut costs and improve domestic crude deliveries under the NUPRC framework.

Timilehin Adejumobi Timilehin Adejumobi

Nigeria eyes up to $50 billion in offshore oil, gas investment by 2030

Nigeria offshore oil investment could reach $50 billion by 2030 as new projects, reforms and licensing rounds drive energy growth.

Timilehin Adejumobi Timilehin Adejumobi

ExxonMobil plans $1 billion Nigeria Oilfield investment   

ExxonMobil Nigeria oilfield investment signals renewed offshore activity as the country seeks fresh energy sector capital.

Timilehin Adejumobi Timilehin Adejumobi

Nigeria’s crude output rises in April 2026, nears OPEC quota as exports expand

Nigeria’s crude oil output climbs to 1.663 million barrels per day in April 2026, edging closer to its OPEC quota as exports and production stability improve.

Omokolade Ajayi Omokolade Ajayi