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Business

NUPRC Directs Oil Producers, Refiners To Provide Monthly Price Quote On Crude Supply

The Nigerian Upstream Petroleum Regulatory Commission has directed oil producers and refiners to provide a monthly update of price quote on crude oil supply...
Business

Names Of Pre-Qualified Companies For Oil Blocks Licensing Round Out In August- NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that technical bid evaluation and publications of pre-qualified companies for the 2024 oil block licensing...
Business

Nigeria’s Push To Attract Investments May Be Frustrated By CBN’s Cash Repatriation Restriction- Analyst

Regulatory authorities in the Nigerian oil and gas sector have up their games in scouting for new investors in the country’s oil-rich economy but...
News

NUPRC: Coalition Unveils 11 Ways Komolafe Is Driving Tinubu’s Renewed Hope Agenda, Transforming Oil Sector

Nigeria’s crude oil production has surged from barely 1 million barrels per day to over 1.6 million, marking a significant boost to the nation’s...
Business

INTERVIEW: NUPRC’s Strategic Marketing Of 19 Oil Blocks Will Unlock Robust Exploration Activities In Nigeria- Senator Umeh

For 10 days beginning May 6 2024, the Nigerian Upstream Regulatory Commission (NUPRC) advertised 12 new marginal oil field and seven old fields at...
Business

PHOTOS: NUPRC Markets 19 Oil Blocks In Miami Road Show

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has moved its investors’ call for its 12 new oil blocks and 7 existing blocks to International...
Business

UPDATED: NNPCL Reveals Plans To Participate In Licensing Bid For 12 Oil Blocks

Miami: The Nigerian National Petroleum Company Ltd says it is planning to participate in the licensing bid round for the 12 oil blocks as...
Business

‘Check Your Pocket Before Bidding’- Petroleum Minister Reveals Plans To Revoke Unutilised Oil Blocks

HOUSTON: Nigerian government says it will withdraw unutilised oil blocks as it opens the licensing rounds for 19 blocks in its oil-rich regions.The Minister...
Business

IOCs Divestment: Only Competent Indigenous Companies Will Take Over 26 Oil Blocks- NUPRC

The Nigerian Upstream Regulatory Commission (NUPRC) has ramped up efforts to ensure that only competent companies will take over the 26 oil blocks that...
Business

Our Conduct Of Licensing Rounds, Gas Commercialization Demonstrates Transparency, Accountability— NUPRC

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has said that how it conducts licensing rounds and gas commercialisation shows its level of transparency and...
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