Nigerian Upstream Petroleum Regulatory Commission (NUPRC)
22 Oct
Oil and gas stakeholders have called for clear roadmap, synergy and pipeline infrastructure replacement to spur oil production. The stakeholders spoke at the inauguration of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Project One Million Barrels Oil Per Day (1MMBOPD) Initiative and third anniversary on Monday in Abuja. The project is an initiative of NUPRC…
23 May
On Wednesday, the House of Representatives commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), led by its Chief Executive Officer, Gbenga Komolafe, for establishing comprehensive guidelines for decommissioning and abandonment procedures in the oil sector. The commendation was followed by a resolution to investigate the ongoing divestment of assets by international oil companies (IOCs) operating…
22 May
The House of Representatives has directed the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Minister of State for Petroleum to withhold consent for international oil companies (IOCs) involved in the divestment of assets in the Niger Delta region until they comply with the Petroleum Industry Act (PIA) and NUPRC decommissioning guidelines. The lawmakers instructed…
5 Dec 2023
The Federal Government is planning to revoke unused oil exploration leases that companies were granted but have not been able to carry out any exploration activities on them. The Chief Executive Officer of, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe disclosed this while speaking to Reuters on Monday. Komolafe said that the Federal Government…