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NUPRC Reveals Strategy To Raise Oil Production To 2.1 Million Barrels Daily

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed plans to upscale Nigeria’s crude oil production to 2.1 million barrels per day in 2025.The...
Business

Senate Joint Committee Commends NUPRC For Surpassing 2024 Revenue Target

The Senate has attributed the level of success recorded in the implementation of the 2024 budget to the performance of the Nigerian Upstream Petroleum...
Business

How NUPRC Reshaped Nigeria’s Oil & Gas Landscape With Six Regulatory Moves

The global shift away from hydrocarbons which heightened in the start of 2024 left the fate of many oil producing countries like Nigeria hanging....
Business

Energy Expert Hails Komolafe, NUPRC’s Transparency In Oil Licensing Round

The recently concluded Nigeria 2024 Oil Licensing Round conducted by the Nigerian Upstream Regulatory Commission (NUPRC) has been described by an energy expert, Mohammed...
Business

JUST IN: Seplat Completes Acquisition Of $1.28bn Mobil Nigeria From ExxonMobil

Seplat Energy Plc completed the acquisition of Mobil Producing Nigeria Unlimited from ExxonMobil two months after the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) cleared...
Business

NUPRC Restates Commitment To Transparency, Accountability In Management Of Hydrocarbon Resources

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that it is at the forefront of managing Nigeria’s hydrocarbon resources transparently and efficiently.The Commission...
Business

NUPRC Is A Transparent Regulator, No Money Missing- Komolafe

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has said that it is a patriotic and transparent regulator and that no money is missing as...
Business

TotalEnergies Submits Fresh Bid For Oil Blocks, Hails Komolafe’s Transparency, Innovations In Upstream Sector

The President and Chief Executive Officer of TotalEnergies worldwide, Patrick Pouyanne, has pledged to raise investment in Nigeria following the Nigerian Upstream Petroleum Regulatory...
Business

NUPRC Offers Competitive Entry Fees For Investors Eyeing Offshore Assets

The Nigerians Upstream Regulatory Commission (NPRC) has said that the entry fees and bonuses for its seven deep offshore assets and 24 acreages are...
Business

NUPRC Pursues Partnership With Infosys To Foster Digital Transformation In Nigerian upstream Petroleum

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it is exploring the use of cutting-edge technological solutions that could support it in achieving its...
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