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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...
News

Crude oil demand from Dangote, local refineries hits 597,700bpd daily

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled crude oil producers’ production forecast for the second half (H2) of 2024.In a report yesterday,...
Business

We Facilitated 29 Million Barrels Of Crude To Your Refinery, NUPRC Counters Dangote’s Claims

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has refuted claims by the Dangote Petroleum Refinery and Petrochemicals and other players in the industry that...
Business

NUPRC Inaugurates Team To Deliver Metering Project, Sets 4 Months Deadline

The Chief Executive, Nigeria Upstream Petroleum Regulatory Commission, Engr. Gbenga Komolafe has inaugurated a nine-man team to deliver both the recently approved audit of...
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