Oil Production: Nigeria has surpassed OPEC’s quota- NUPRC Chief Executive
June 9, 2023 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 1.74 million barrels…
OTC 2023: FG plans to recommend ‘African forum of Regulators’ for upstream operations
May 2, 2023 The Nigerian Upstream Downstream Regulatory Commission (NUPRC) says it will recommend for an establishment of ‘African forum of regulators’, to benchmark and standardise regulatory framework in the…
FG to explore alternative funding model for oil, gas industry development – NUPRC
May 2, 2023 The Nigerian Upstream Downstream Regulatory Commission (NUPRC) says the Federal Government has concluded plans to explore alternative funding models for development of the country’s oil and gas…
Nigeria’s oil, condensate reserves declines to 36.966 bbl in January as gas reserves sees slight increase to 208.83 TCF – NUPRC
April 21, 2023 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s oil and condensate reserves as at Jan. 1, stands at 36.966 billion barrels. This represents 31.060 billion…
FG approves amendment of 2022/2023 deep offshore oil block bid round
April 1, 2023 President Muhammadu Buhari has approved the amendment of the 2022/2023 Deep Offshore oil block mini-bid process to accommodate concerns raised by potential local and international investors. The…
Pipeline Protection: Scale of oil theft has significantly reduced in Niger Delta region -Kyari
October 19, 2022 The Nigerian National Petroleum Company Limited (NNPC Ltd), says the cooperation with Nigerian security agencies has significantly reduced the scale of oil theft in the Niger Delta…
NPDC Well: Efforts ongoing to prevent further gas leak – NUPRC
September 21, 2022 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says efforts are ongoing to prevent further gas leakage on the Nigerian Petroleum Development Company’s (NPDC) Well 6 in Sangama…
Commission promises to gazette Petroleum Industry Act provisions – Komolafe
By Emmanuella Anokam The Nigerian Upstream Petroleum Regulations Commission (NUPRC) says it will ensure that regulations and key policies necessitated by the Petroleum Industry Act (PIA) 2021 are developed and…
NUPRC inaugurates gas flare commercialisation team
August 15, 2022 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has inaugurated a 12-member ‘Gas Flare Commercialisation Programme Team’ to steer the Federal Government’s initiative to end gas flaring by…
Marginal fields: NUPRC awards licences to 161 companies as FG rakes in N2trn
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has awarded Petroleum Prospecting Licences (PPLs) to 161 successful 2020 marginal fields awardees. Each of the awardees was said to have paid a…