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Tag "NUPRC"

FG offers 7 deepwater oil blocks in new bid round

    FG offers 7 deepwater oil  blocks in new bid round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the commencement of the 2022 mini-bid round. The landmark development is the first bidding round after the passage of the Petroleum

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Reps to probe NEITI, NUPRC over ‘lopsided’ recruitment 

    Reps to probe NEITI, NUPRC over ‘lopsided’ recruitment 

The house of representatives has resolved to investigate allegation of lopsided recruitment in the Nigeria Extractive Industries Transparency Initiative (NEITI), and Nigeria Upstream Petroleum Regulatory Commission (NUPRC). The motion was passed

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At 972,394 bpd, Nigeria’s oil output drops to record low

    At 972,394 bpd, Nigeria’s oil output drops to record low

More worries for the Nigerian government as crude oil production dropped below the one million mark in August 2022. Checks by TheCable showed that oil output averaged 972,394 barrels per

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Indigenous companies contribute 40% of Nigeria’s oil reserves, says NUPRC

    Indigenous companies contribute 40% of Nigeria’s oil reserves, says NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says local operators currently contribute 40 per cent and 32 per cent of oil and gas reserves, respectively. Oil reserves are estimates of

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Petrol scarcity to continue as NNPC is hit by low share of crude oil

  Petrol scarcity to continue as NNPC is hit by low share of crude oil

Nigeria may be inching towards another round of petrol scarcity as available statistics point toward extreme low crude oil production.

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Nigeria needs effective regulations to harness PIA benefits, says Sylva

  Nigeria needs effective regulations to harness PIA benefits, says Sylva

Timipre Sylva, minister of state for petroleum resources, has said effective regulations are needed to harness the benefits of the

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NUPRC: We’ll deploy electronic system to curb oil theft

  NUPRC: We’ll deploy electronic system to curb oil theft

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is upgrading and deploying the National Production Monitoring System (NPMS) facility

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Earnings to take a hit as Nigeria’s oil production drops to 1.25m bpd

  Earnings to take a hit as Nigeria’s oil production drops to 1.25m bpd

Nigeria’s oil production dropped in February to an average of 1.25 million barrels per day (bpd) from 1.39 million the

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NUPRC commences investigation into SEPCOL vessel explosion

  NUPRC commences investigation into SEPCOL vessel explosion

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has commenced investigations into the explosion of a floating production, storage

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Komolafe: 33 firms lost marginal field awards over non-payment of signature bonuses

  Komolafe: 33 firms lost marginal field awards over non-payment of signature bonuses

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says 33 companies failed to pay the required signature bonuses for the 2020

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