Oil spills and oily wastewater have become a major environmental problem in recent years, directly impacting the environment and biodiversity. Several techniques have been developed to solve this problem, including biological degradation, chemicals, controlled burning, physical absorption and membrane separation. Recently, biopolymeric aerogels have been proposed as a green solution for this problem, and they possess superior selective oil absorption capacity compared with other approaches. Several modification strategies have been applied to nanocellulose-based aerogel to enhance its poor hydrophobicity, increase its oil absorption capacity, improve its selectivity of oils and make it a compressible and elastic magnetically responsive aerogel, which will ease its recovery after use. This review presents an introduction to nanocellulose-based aerogel and its fabrication approaches. Different applications of nanocellulose aerogel in environmental, medical and industrial fields are presented. Different strategies for the modification of nanocellulose-based aerogel are critically discussed in this review, presenting the most recent works in terms of enhancing the aerogel performance in oil absorption in addition to the potential of these materials in near future.