The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says international oil companies (IOCs) ready to divest can obtain prompt approval if they compensate host communities. Gbenga Komolafe, chief executive officer (CEO),
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says international oil companies (IOCs) have proposed transferring 26 oil blocks to local firms. NUPRC said it has engaged the services of two
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s oil and condensate reserves stood at 37.50 billion barrels as of January 1, up from 37.046 billion barrels in May
The Nigerian Upstream Regulatory Commission (NUPRC) has issued new rules requiring oil producers to sell crude to domestic refineries before attending to foreign demands. The commission, on March 27, had
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given its enforcement committee 48 hours to produce a template for the
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigeria is gradually reversing the investment decline in the oil and gas
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it plans to relocate some of its units from Abuja to Lagos.
Nigeria’s oil production increased to 1,426,574 barrels per day in January 2024. The country’s drilling performance was published in the
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) proposed N50.42 billion for welfare packages in 2024. This is contained in the
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled a three-year plan (2024 to 2026) for operations in the oil
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