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NNPC Ltd Settles $29m Royalty To FG- Report

A report on the payment of royalties by operators in the oil and gas industry submitted by the Nigerian Upstream Petroleum Regulatory Commission shows...

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...

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...

How Partnership With NNPCL, NUPRC Raised Oil Production At Our $1.2bn Asset- Elumelu

The Chairman of Heirs Holdings, Tony Elumelu, has said that the production at OML 17 has mad a big rebound to 51,000 barrels per...

Allegations Of N32bn Revenue Leakage, Non-Compliance With TSA Protocol Baseless- NUPRC

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has described the allegation of N32.15bn revenue leakage as unfounded and baseless, adding that there were no...

NUPRC Disburses N200bn To 137 Host Community Trusts For Development Projects

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disbursed a total of N200bn to 137 Host Community Trusts for the execution of 198 projects.This...

NUPRC Vows To Transform Oil, Gas Sector After Receiving Best Digital Innovation Award

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has bagged the best Best Federal Ministry, Department and Agency (MDA) in Digital Transformation.The NUPRC bagged the...

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...

NUPRC Conducting 2024 Licencing Round Transparently, Says Komolafe

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has assured investors that it is conducting the 2024 licencing...

EFCC To Probe Oil & Gas Firms Over Failure To Comply With NEITI Audit

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC) has threatened to investigate oil & gas companies and government agencies over their failure...

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