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Gbenga Komolafe

Dangote refinery
4 Feb
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
NUPRC
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…
Bola Tinubu
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 2024
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…

Latest

40 mins ago
Men of the Quick Response Team at Agadagba Naval Outpost in the Ese Odo Local Council Area of Ondo State, under the Forward Operating Base (FOB) Igbokoda, intercepted a wooden boat carrying illegally refined petroleum products over the weekend The seized cargo, later confirmed to be 1,400 litres of illegally refined oil, was stored in…
49 mins ago
The Human Rights Writers Association of Nigeria (HURIWA) yesterday urged Nigerian lawmakers named in the alleged $150 million bribe scandal by Binance’s Head of Financial Crime Compliance, Tigran Gambaryan, to approach a United States court to clear their names. This follows Gambaryan's insistence that his allegations—that three Nigerian lawmakers asked for a $150 million bribe…
53 mins ago
The Ogun State Police Command has launched a manhunt for an unidentified woman following the mysterious death of Inspector Haruna Mohammed, an officer serving with the Ishashi Division of the Lagos State Police Command. Mohammed was found dead in a hotel room at Anthony Uzum Estate, Oyeyemi Akute, Ogun State, after checking in with the…
56 mins ago
Senator Ali Ndume, representing Borno South, has urged the Federal Government to investigate allegations by U.S. Congressman Scott Perry that the United States Agency for International Development (USAID) funded Boko Haram and other terrorist organizations. Perry, a Republican from Pennsylvania, made the claims during a congressional hearing on government efficiency last Thursday, alleging that $697…
58 mins ago
Papal thriller "Conclave" and immigrant epic "The Brutalist" on Sunday emerged neck-and-neck at the BAFTA awards with each film picking up four coveted gongs. "Conclave", directed by German-born Edward Berger, won the BAFTA for the best film with its tale of the intrigue and horse-trading behind the scenes during the election of a new pope.…
58 mins ago
Tottenham won the battle of the Premier League's underachievers 1-0 on Sunday to inflict another dismal result on Manchester United boss Ruben Amorim. James Maddison scored the only goal on 13 minutes as Spurs moved above United in the table into 12th thanks to a third win over the Red Devils this season. Victory eased…
1 hour ago
  Barcelona coach Hansi Flick accused Jude Bellingham of being "disrespectful" after the Real Madrid star was sent-off in the 1-1 La Liga draw with Osasuna. The England international was dismissed for dissent after just 39 minutes on Saturday following a heated exchange with referee Jose Munuera Montero. Bellingham insisted it had been a "misunderstanding"…
1 hour ago
Columns of M23 fighters allied with Rwandan troops on Sunday entered the centre of another key city in the eastern Democratic Republic of Congo as the African Union highlighted growing fears that the strife-torn country could break up. Scores of people have fled since the fighters reached outlying districts of Bukavu, capital of South Kivu…
1 hour ago
  Israel's security cabinet was set to discuss on Monday the next phase of the ceasefire in Gaza, after top US diplomat Marco Rubio and Israeli leader Benjamin Netanyahu presented a united front on their approach to Hamas and Iran. Rubio was in Israel on his first Middle East trip as President Donald Trump's secretary…
1 hour ago
Liverpool's lead at the top of the Premier League remains seven points after a nervy 2-1 win over Wolves on Sunday responded to Arsenal's 2-0 victory at Leicester 24 hours earlier. Manchester City were the big winners in the race for a place in next season's Champions League with a 4-0 demolition of Newcastle, while…