We have met crude supply obligations to domestic refineries – NUPRC
Contrary to insinuations from some operators in the refinery business in Nigeria that the continued failure to supply local refineries with crude oil is capable of destroying members’ investment…
Court to deliver judgment in Mobil’s suit against NMDPRA Oct 25
July 27, 2023 A Federal High Court, Abuja, on Thursday, fixed Oct. 25 for judgment in a suit filed by Mobil Producing Nigeria Unlimited against the Nigerian Midstream and Downstream…
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…
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…
FG considering how best to achieve subsidy removal without disrupting livelihoods – Aduda
April 21, 2023 The Federal Government says it is considering how best to achieve subsidy removal without disrupting livelihoods in Nigeria. Amb. Gabriel Aduda, Permanent Secretary, Ministry of Petroleum Resources,…
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…
Buhari inaugurates oil exploration in Nasarawa
March 28, 2023 President Muhammadu Buhari on Tuesday inaugurated the first oil drilling of the Ebenyi-A Exploration Well located in the Middle Benue Trough in Obi Local Government Area of…
NUPRC gazettes 5 oil industry regulations, completes 6 others
Feb. 7, 2023 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says five petroleum industry regulations have been gazetted while six others have been finalised and ready for gazetting. Mr. Gbenga…
NUPRC shortlists 139 firms for commercialised gas flare programme
By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shortlisted 139 firms that applied for Nigerian Gas Flare Commercialisation Programme (NGFCP). About 300 companies applied to the gas…