Gbenga Komolafe
1 Mar
With clear mandates - ensuring compliance with petroleum laws, regulations and guidelines, monitoring of operations at drilling sites, producing wells, production platforms and flowstations, crude oil export terminals...
29 Feb
Nigeria, yesterday, said about $17.64 billion worth of oil field development plan was approved last year to deliver oil and gas recovery estimated at 2.12 billion barrels and 13.13 trillion cubic feet respectively in the next five years.
21 Feb
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that the sub-sector attracted capital expenditure (capex) running into billions of dollars.
13 Feb
Mr Gbenga Komolafe, the Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says Nigeria has the potential to produce 2.2 million bpd as against the current production of between 1.5 million and 1.6 million.
3 Feb
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified that Oil and Gas assets in Nigeria can only be transferred in accordance with the requirements of the Petroleum Industry Act (PIA 2021). NUPRC said that assets could be transferred in accordance with PIA (where applicable), the Guidelines and Procedures for Obtaining Minister’s Consent to the…
17 Jan
Fresh crises are brewing over Shell’s planned exit from the onshore segment of Nigeria’s oil and gas industry while Nigerian firms scout $4.5 billion to buy out the assets of the company and those of ExxonMobil and Nigerian Agip Oil Company Limited (NAOC).
19 Oct 2023
The Federation of Informal Workers’ Organisations of Nigeria (FIWON) has called on the Federal Government to create a Ministry of Informal Economy.
16 Oct 2023
NIGERIAN Upstream Petroleum Regulatory Commission (NUPRC), led by Gbenga Komolafe, recently granted RusselSmith approval to deploy its industrial non-metallic additive manufacturing solution in the Nigerian oil and gas industry. Speaking on the approval, RusselSmith’s Chief Executive Officer (CEO), Kayode Adeleke, said: “This is a new milestone in the Nigerian energy sector, and we are excited…
14 Oct 2023
Although Nigeria’s oil production remains dismal at 1.3 million barrels per day amidst theft and vandalism, Nigerian Upstream Regulatory Commission (NUPRC), yesterday, said the production would hit two million barrels by the end of this year.
11 Oct 2023
Nigeria, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is considering seven regulations that would aid the implementation of some fragments of the Petroleum Industry Act, especially contracts, commercials, revocation of oil and gas licenses.
11 Oct 2023
The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) is optimistic that oil and gas production in Nigeria will experience a significant increase in the coming months.
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