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Tag "Nigerian Upstream Petroleum Regulatory Commission (NUPRC)"

NUPRC: We’ll issue marginal oil field licences to winners Tuesday

    NUPRC: We’ll issue marginal oil field licences to winners Tuesday

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it will issue petroleum prospecting licences (PPL) to successful awardees of marginal fields in the 2020 bid round. Marginal fields are smaller

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NUPRC inaugurates committee to revive inactive oil well

    NUPRC inaugurates committee to revive inactive oil well

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has inaugurated a project committee on the reactivation of inactive oil wells in Nigeria to spur production. The development comes as oil production

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Nigeria’s oil production slumps to 1.02m bpd — lowest in over two years

    Nigeria’s oil production slumps to 1.02m bpd — lowest in over two years

Nigeria’s oil production dropped in May to an average of 1.02 million barrels per day (bpd) from 1.22 million in April 2022. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed

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NUPRC: By June, we expect marginal field awardees to begin drilling for oil

    NUPRC: By June, we expect marginal field awardees to begin drilling for oil

Gbenga Komolafe, chief executive officer (CEO) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says it is targeting June for marginal field awardees to begin the field development plan (FDP).

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NUPRC: Nigeria lost $3.3bn crude oil to theft in 14 months

  NUPRC: Nigeria lost $3.3bn crude oil to theft in 14 months

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country lost about $3.27 billion worth of crude oil to theft

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NUPRC sets up panel to investigate crude loss claims by operators

  NUPRC sets up panel to investigate crude loss claims by operators

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has set up a panel to audit activities of operators in

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Reps ask oil companies to provide evidence of N2.6trn tax, royalty payments

  Reps ask oil companies to provide evidence of N2.6trn tax, royalty payments

The house of representatives has asked oil and gas companies with outstanding debts owed to the federal government to present

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