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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 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...
Business

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...
Business

NUPRC warns Nigeria may face gas shortfall by 2030

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Thursday called for the upgrade of the country’s gas infrastructure to meet immediate needs.NUPRC made the...
Business

Oil Production To Rise By 165,000BPD As NNPC/Chevron JV Converts Assets To PIA Terms

In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax into PIA terms, the Nigerian National...
Business

ExxonMobil, Seplat CEOs Meet NUPRC Boss Amidst Divestment Talks

ExxonMobil and Seplat Energy Offshore Limited executives have visited the Nigerian Upstraem Petroleum Regulatory Commission (NUPRC) amidst divestment talks.The visit was announced by the...
Business

Oando-Agip $783m deal followed due process, complied with extant rules – NUPRC replies Atiku

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Monday approved the acquisition of Nigerian Agip Oil Company (NAOC) $783m acquisition by Oando Plc saying...
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...
Business

FG Inaugurates Committee On Naira Sale Of Crude Oil To Local Refineries

In a significant step towards enhancing Nigeria’s refining capacity so as to promote economic growth and development of the country, the federal government has...
Business

Kyari Propels Nigeria Towards $1tn Economy As Strategic Projects Boost Oil Production By 60,000bpd

Mele Kyari, Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd (NNPCL) is spearheading transformative initiatives in Nigeria’s energy sector which have...
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