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NUPRC Grants First Petroleum Exploration License Since Commencement Of PIA In 2021

The Nigerian Upstream Petroleum Commission (NUPRC) in compliance with the provisions of Section 71 (1) – (10) of the Petroleum Industry Act (PIA) 2021...
Business

Forty-Two Companies Win Bid For Nigerian Gas Flare Commercialisation Programme

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Wednesday announced the outcome of the bidding exercise and issuance of letters of award to 42...
Business

Lokpobiri inspects N68.5bn NUPRC `BARREL’ building, pledges urgent completion

Sen. Heineken Lokpobiri, the Minister of State for Petroleum Resources (Oil), says he will ensure the completion of ongoing construction of the N68.5 billion...
Business

NUPRC Gives Oil & Gas Companies September 30 Deadline To Remit Statutory Fund To Host Communities

The Nigerian Upstream Petroleum Regulatory Commission on Saturday threatened to revoke the licences of oil and gas operators that failed to remit the statutory...
Business

NUPRC issues ultimatum on 3% remittance to oil communities

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has threatened to revoke the licences of oil operators or settlors who failed to remit the three...
Business

Nigeria Can Sustain Africa’s Gas Needs If Adequate Infrastructural Funding Is Provided– Komolafe

The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe has said that Nigeria’s gas deposit is enough to meet the...
Business

PIA: NMDPRA To Roll Out Four Fresh Regulations For Oil & Gas Sector

The Nigeria Midstream Downstream Petroleum Regulatory Authority will in the coming weeks release four more regulations for the midstream and downstream sector of the...
Business

Butane lifting by ExxonMobil at Bonny Terminals duly approved – NUPRC

The NMDPRA had in letters to the Ministry of Petroleum Resources and Chief of Defence Staff, Gen. Lucky Irabor, alleged that ExxonMobil Corporation was...
Business

We ‘ve plan to surpass OPEC’s quota- NUPRC Chief Executive

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says its focus is to exceed the Organisations of Petroleum Exporting Countries (OPEC)’s oil production quota of...
Business

US Court Set To Jail Wife Of Ramirez Who Raised False Alarm That NNPC Sold 48 Million Barrels Of Crude Oil Allegedly Stolen From...

Three days after the House of Representatives absolved the Nigerian National Petroleum Company Ltd and its Group Chief Executive Officer, Mele Kyari and the...
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