Gbenga Komolafe
2 hours ago
Dangote Refinery and other local refiners may continue to import crude oil, as the implementation of the Domestic Crude Supply Obligation (DCSO) law totters on complex industry crises.
29 Jan
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said it’s targeting to generate N15 trillion in revenue by 2025.
14 Dec
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has renewed its commitment to tackling corruption in the upstream petroleum sector. The Chief Executive, NUPRC, Gbenga Komolafe, who disclosed this at the celebration of International Anti-Corruption Day
11 Dec
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has pledged support for oil workers’ welfare, stressing that a unified, motivated, and productive workforce is critical to the realisation of the country’s economic goals.
27 Nov
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has outperformed expectations by exceeding its 2024 revenue target by an impressive 49%. This achievement, according to reports, comes amidst global challenges in the hydrocarbon industry, where producers are grappling with declining royalties and tight profit margins due to the accelerating energy transition. The revenue performance, per the…
19 Nov
Workers in the informal economy have demanded the expansion of social protection and other rights to achieve decent work for all.They argued that globally, informal economy workers are the most visible workers
25 Oct
Contrary to reports in some section of the media about the alleged revenue leakages by the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), the Public Accounts Committee of the House of Representatives is yet to reconcile figures with all the parties involved. The Chairman of the Public Accounts Committee, Hon Salam Bamidele, disclosed this to newsmen…
22 Oct
President Bola Tinubu, ministers in charge of oil and gas, the Nigerian Upstream Regulatory Petroleum Commission (NUPRC) and stakeholders in the industry are insisting on adding one million barrels per day
4 Oct
Nigeria is poised to witness a surge in gas demand, with an estimated yearly growth rate of 16.6 per cent.
13 Sep
As Diri insists IOCs relocate headquarters to Niger Delta In its quest to provide quality, efficient, and cost-effective dispute resolution services within the upstream oil and gas industry, the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), has inaugurated a Body of Neutrals for the Upstream Alternative Dispute Resolution (ADR) Centre in Yenagoa, the Bayelsa State capital.…
10 Sep
Matters of disputes have been hampering the effective utilisation of the host community development funds, which was estimated at N200 billion by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
15 Aug
President Bola Tinubu is facing growing pressure to sack heads of the nation’s oil and gas regulatory agencies over alleged failure to effectively manage the sector and address the myriads of challenges facing the industry. Stakeholders within the All Progressives Congress (APC), known as the Tinubu Legacy Coalition (TLC), in a private letter to…
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46 mins ago
Former governor of Kaduna State, Nasir El-rufai, has confirmed a rift with his successor, Governor Uba Sani, saying it is fueled by a conditional cash transfer from President Bola Tinubu. El-Rufai made this known as Sani dismissed any rift with his predecessor when he appeared on TVC on Monday. According to Sani, their relationship is…
50 mins ago
The Nigeria Labour Congress (NLC) said it suspended its planned one-day protest against a 50 per cent hike in telecom tariffs to allow further dialogue. The NLC was set to begin the protest this morning across the 36 states of the federation, including Abuja. However, following a meeting with government officials at the Office of…
54 mins ago
In the aftermath of the announcement on January 28, 2024 by Burkina Faso, Mali, and Niger Republic denouncing the Revised Treaty of the Economic Community of West African States (ECOWAS) and leaving the regional bloc “without delay”, reactions spanned the spectrum from hubris to hyperbole.
1 hour ago
The imposition of between 10 and 25 per cent tariffs on importation from Canada and Mexico and Chinese goods by the United States has heightened fears of a global trade war, causing global stock markets to witness a significant decline yesterday.
1 hour ago
The Rivers State Police Command has dismissed reports of a gun duel between rival political groups at the Peoples Democratic Party (PDP) secretariat on Aba Road, Port Harcourt.
1 hour ago
Jonathan was highly skilled in operations but struggled with people leadership and strategic visioning. He found himself constantly micromanaging and firefighting issues rather than empowering his team to take ownership.
1 hour ago
The continued stay of Ondo State Deputy Governor, Olayide Adelami, in hotels one year after his inauguration, has raised concerns in the state. The state government was alleged to have spent over N130 million on hotel bills.
1 hour ago
Transparency and Accountability Network (TAN) and the Afenifere Youth Council (AYC) have kicked against call by a group, Arewa Accountability Network, demanding the immediate resignation of the Group Chief Executive Officer
1 hour ago
The Government of Denmark has expressed its eagerness to expand the European nation’s business interests in Enugu State, expressing enthusiasm at partnering the state in key sectors of the economy and other areas of mutual benefits.