Trendbrio.com

News and Entertainment Update

Live
Entertainment
Lion King Star, Imani Dia Smith Killed In New Jersey Stabbing, Boyfriend Charged 01
02
Politics
Six Zamfara Lawmakers Leave PDP For APC
03
Entertainment
Peggy Ovire Shares Christmas Cheer Without Husband Frederick Leonard, Sparking Fans’ Speculation
04
Soccer
Sports
Mohamed Salah Continues Christmas Tradition With Daughters While Leading Egypt At AFCON 2025
05
News
Sanwo-Olu Visits Great Nigeria Insurance House Fire Site, Confirms Partial Collapse And Demolition Plans

Tag: NUPRC

Senate Confirms Oritsemeyiwa Eyesan As NUPRC CEO, Saidu Mohammed As NMDPRA CEO

Wale busari02 mins

The Nigerian Senate has approved the appointments of Oritsemeyiwa Amanorisewo Eyesan as Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and Engineer Saidu Aliyu Mohammed as CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The nominations, made by President Bola Tinubu, were expedited by the upper chamber to ensure uninterrupted regulation of Nigeria’s petroleum sector. Eyesan, a petroleum economist, has over 30 years of experience in the oil and gas industry, having served in various capacities within the Nigerian National Petroleum Company Limited (NNPCL) and its subsidiaries, with a strong focus on upstream operations. Mohammed, a chemical engineer, is well-regarded for his expertise in refining, gas management, and policy formulation, having held several senior leadership roles in the sector. The appointments come amid recent leadership changes in the regulatory agencies, part of broader efforts to enhance oversight and improve efficiency across the upstream, midstream, and downstream petroleum segments under the Petroleum Industry Act (PIA). Both CEOs are expected to strengthen investor confidence, ensure strict regulatory compliance, and advance Nigeria’s domestic refining and gas development initiatives.

Read More

Nigeria Meets 96% of OPEC Quota In August

Fola Badmus03 mins

By Prince Iroka Nigeria’s upstream oil sector recorded a year-on-year increase in output, averaging 1.63 million barrels per day (bopd) of crude oil and condensates in August 2025, up from 1.58 million bopd in the same period last year. This is based on Crude Oil and Condensate Production for August 2025, released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) at the weekend. A breakdown of August 2025 production comprises 1.43 million bopd of crude oil, which grew 5.47 per cent compared to August last year, which posted a daily crude oil average of 1.36 million bopd. This reflects a steady recovery and improved operational performance across the industry. Daily condensate production in August stood at 197,229 bpd, reflecting a slight decline from 220,435 bpd in August 2024. Notably, Nigeria’s crude oil output in August met 96 per cent of its OPEC quota, which is set at 1.5 million bopd. This demonstrates the country’s capacity to meet its production targets under the OPEC agreement. On a month-on-month basis, there was a slight 4.7 per cent drop in combined crude oil and condensate production from 1.71 million bopd in July. Similarly, crude oil production itself declined by 4.8 per cent, down from 1.5 million bopd in July 2025. The month-on-month drop was driven by a single day unscheduled maintenance at an oil facility. In the month of August, the lowest and peak combined crude and condensate production were 1.59 million bopd and 1.85 million bopd respectively. In the review month, Forcados Terminal topped the production charts, delivering a total of 8.99 million barrels, including 8.08 million barrels of crude oil and 915.2k barrels of condensates. Following closely was Bonny Terminal, which produced a combined 6.26 million barrels, consisting of 5.8 million barrels of crude and 418.27k barrels of condensates. Meanwhile, Qua Iboe Terminal recorded a total of 4.99 million barrels, with 4.94 million barrels of crude and 50.5k barrels of condensates. Escravos Oil Terminal also made a solid contribution, producing 4.18 million barrels, comprised of 4.08 million barrels of crude oil and 107k barrels of condensate.

Read More