The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that Africa’s capacity to meet rising global energy demand will depend on increased investment, technology adoption and stronger local expertise across the oil and gas sector. The Director of Sub-Surface Development at the commission, MeEmmanuel Mac- Jaja, said this at the 2026 Original Equipment Manufacturers (OEMs)…
By Olakunle Oke Local refineries in Nigeria received just 28.5 million barrels of crude oil in the first quarter of 2026, despite higher volumes offered by producers under the Domestic Crude Supply Obligation (DCSO), data released by the Nigerian Upstream Petroleum Regulatory Commission has shown. The Commission disclosed that while 61.9 million barrels were allocated…
By Adeyemi David The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has strongly opposed President Bola Tinubu’s Executive Order directing the Nigerian National Petroleum Company Limited (NNPC) Limited to remit oil and gas revenues directly into the Federation Account. At a press conference in Lagos on Thursday, PENGASSAN President, Festus Osifo, described…
