nuprc

Tinubu’s Oil Sector Order Faces Test of Execution, Says Top Energy Lawyer Tominiyi Owolabi

Tinubu’s Oil Sector Order Faces Test of Execution, Says Top Energy Lawyer Tominiyi Owolabi

Nigeria’s bold new policy to cut upstream oil production costs must overcome legal ambiguity, regulatory overlaps, and institutional frictions, warns… Read More

2 months ago

NUPRC and NNPC Spearhead Energy Growth with 2024 Bid Success and Sustainability Focus

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that 10 oil block awardees from the 2024 bid round have… Read More

4 months ago

House of Representatives Recovers $14.2 Million from Oil Companies

The Nigeria House of Representatives Public Accounts Committee (PAC), chaired by Rep. Bamidele Salam, on March 31, 2025, disclosed the… Read More

4 months ago

NUPRC targets 2.1m barrels per day, Nigeria’s oil rig count doubles

  Nigeria’s oil industry is making strides to reclaim its competitive edge on the global stage as the Nigerian Upstream Petroleum… Read More

6 months ago

Will NUPRC Reclaim Underdeveloped Oil Fields in Nigeria?

Nigeria's oil and gas sector regulator in charge of the critical exploration and production segment of the industry, the Nigerian… Read More

7 months ago

Shell to Fight $1.3bn Onshore Sale Block Amid Regulatory Hurdles

Shell's $1.3 billion divestment plan to transfer its onshore oil and gas assets in Nigeria to Renaissance Africa Energy has… Read More

9 months ago

Business File- President Tinubu participates in Emblem Appeal Launch for the 2025 Armed Forces Remembrance Day Celebration

    Business Files With FG, NUPRC, MTN, RMRDC etc. The Macallan Partners TDA Couture for an Exclusive Evening of… Read More

9 months ago

ExxonMobil’s $1.3 Billion Asset Sale to Seplat Approved

In a significant development, Nigeria’s oil and gas sector has reached a milestone with the official approval of ExxonMobil’s $1.3… Read More

9 months ago

NUPRC Should Not “Bend the Rules” for Dangote Oil Refinery – Light Shedrack

The unfolding drama surrounding the crude oil supply to the Dangote Refinery has taken an unexpected turn, as international business… Read More

12 months ago

Crude oil supply: Dangote Refinery couldn’t agree price with IOCs

Gbenga Akomolafe, the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), shared critical insights on Monday regarding… Read More

1 year ago

40% of Crude Oil Theft Due to Metering Error, NUPRC CEO Gbenga Akomolafe Reveals

Key Point Nigeria faces a major challenge with crude oil theft, impacting national revenue and investment. Approximately 40% of the… Read More

1 year ago