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NUPRC Gives Oil & Gas Companies September 30 Deadline To Remit Statutory Fund To Host Communities

The Nigerian Upstream Petroleum Regulatory Commission on Saturday threatened to revoke the licences of oil and gas operators that failed to remit the statutory...
Business

Nigeria Can Sustain Africa’s Gas Needs If Adequate Infrastructural Funding Is Provided– Komolafe

The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe has said that Nigeria’s gas deposit is enough to meet the...
Business

US Court Set To Jail Wife Of Ramirez Who Raised False Alarm That NNPC Sold 48 Million Barrels Of Crude Oil Allegedly Stolen From...

Three days after the House of Representatives absolved the Nigerian National Petroleum Company Ltd and its Group Chief Executive Officer, Mele Kyari and the...
Business

Finally, Reps Clears NNPC Of Any Wrong Doing In Alleged Loss Of Over $2.4bn Revenue From Illegal Sale Of 48 Million Barrels Of Crude...

An Ad-hoc Committee that was set up by the House of Representatives to investigate the alleged loss of over $2.4bn in revenue from the...
Business

NNPC’s Crude Oil Exploration In Borno Will Create Massive Wealth, Guarantee Energy Security For Nigeria—–Komolafe

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Engr Gbenga Komolafe has said that theofficial Spudding of Wadi-B Appraisal/ Exploratory Well in...
Business

JUST IN: In Aggressive Move To Unlock Additional Value For Stakeholders, NNPC Ltd Seals Five Agreement With Partners For OML 130

The Nigerian National Petroleum Company Ltd on Thursday entered into a deal for the renewal of the OML 130 Production Sharing Contract and conversion...
Business

PIA: NUPRC Signs Seven New Regulations Into Law To Close Metering Gaps, Reduce Environmental impact Of Gas Flaring, Others

The Chief Executive of the Nigeria Upstream Petroleum Regulatory Commission, Mr Gbenga Komolafe on Thursday signed seven regulations into law in line with the...
Business

More Nigerians To Benefit As NUPRC Expands Host Communities Development Trust Funds To 72

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has set up 72 Host Community Host Communities Development Trusts (HCDT) which is one of...
Business

NUPRC Adopts Alternative Funding Mechanism To Optimize Nigeria’s Oil & Gas Production

In a bid to optimize Nigeria’s oil and gas production as energy transition gathers momentum, the Nigerian Upstream Petroleum Regulatory Commission as a business...
Business

PHOTOS: Aduda Opens Nigerian Exhibition Pavilion At OTC Conference

The Nigerian government has opened the Nigerian Exhibition Pavilion at the 2023 Offshore Technology Conference holding at Houston, Texas, USAThe permanent secretary, Federal Ministry...
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