NUPRC
1 day ago
While routine gas flaring remains a persistent issue for oil and gas-producing countries like Nigeria, the practice not only harms the environment but also presents a missed opportunity to harness a valuable energy source.
1 day ago
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said it’s targeting to generate N15 trillion in revenue by 2025.
2 days ago
President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, in an interview, spoke on the state of refineries and divestments as they impact workers as well as the union’s stance on the tax reform bills currently pending before the National Assembly.
22 Jan
A Federal High Court in Abuja has commenced hearing of a suit filed by Global Gas and Refining Limited, seeking an order restraining Shell Petroleum Development Company of Nigeria Limited (SPDC) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) from selling its onshore asset to Renaissance, a consortium made up of ND Western, Aradel Energy,…
17 Jan
The Federal Government has disclosed that the country would need additional 350,000 barrels per day (bpd) of oil to meet targets for the 2025 budget, translating to 127.7 million barrels or $10.3 billion monetary equivalent.
14 Jan
Chairperson of the Senate Committee on Local Content, Senator Natasha Akpoti-Uduaghan, has challenged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to enforce policies compelling International Oil Companies (IOCs) to prioritize local firms for project execution. At a high-profile meeting involving the Senate Committee on Appropriation, the Nigerian National Petroleum Corporation (NNPC), and the NUPRC, the…
14 Jan
Nigeria’s daily average oil production rose by 152,000 barrels per day last November, according to data sourced from the newly released monthly oil market report by the Organisation of the Petroleum Exporting Countries.
13 Jan
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said the implementation of the Advance Cargo Declaration Solution and the Engineering Audit of Upstream Measurement Equipment and Facilities will enhance transparency and accountability in the oil and gas sector. The initiatives, which will track the movement of crude being exported out of the country, are being…
6 Jan
The cost of revenue collection by Nigeria’s key agencies – the Nigeria Customs Service (NCS), Federal Inland Revenue Service (FIRS) and Nigerian Upstream Petroleum Regulatory Commission (NUPRC) – continued to rise despite improved technology that has aided efficiency, hitting N924.7 billion last year.
5 Jan
The cost of revenue collection by Nigeria’s key revenue-collecting agencies—namely the Nigeria Customs Service (NCS), Federal Inland Revenue Service (FIRS), and Nigerian Upstream Petroleum Regulatory Commission (NUPRC)—has continued to rise despite improved technology that has made revenue collection easier and more efficient. The NCS receives 7 per cent of customs levies and duties, the FIRS…
3 Jan
Stakeholders from the Niger Delta region have cried out to President Bola Tinubu over an alleged breach of the Petroleum Industry Act (PIA), local content laws and the Constitution by the Nigeria Upstream Petroleum Regulatory Commission
1 Jan
Nigeria, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), yesterday, deployed an Upstream Petroleum Decarbonisation Template (UPDT) that will enforce stringent environmental rules on oil companies in the country.
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NOW
One of Nigeria’s best women footballers, United States-based Patience Avre, paid a surprise visit to her former club, The Invisible Leopard in Warri, Delta State, at the weekend.
NOW
Nigeria’s U-19 girls, yesterday, put up one of the best games in recent times when they defeated Republic of Ireland by six runs. But that win was just not enough to take them to semifinals of the ongoing ICC U-19 Women’s T20 World Cup holding in Malaysia.
2 mins ago
The Nigeria Employers’ Consultative Association (NECA) has urged the Central Bank of Nigeria (CBN) to take a proper assessment of the foreign exchange (FX) crisis, which has crippled many businesses to resolve it.
7 mins ago
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has sealed a partnership with Dangote Group and MRS Holdings to enhance the efficiency of petroleum product distribution across the country.
8 mins ago
The Federal Government, through the Ministry of Works, yesterday sensitised motorists and Lagos residents on its plan to install height barriers on the 52-year-old Iddo Bridge to restrict heavy vehicular movement.
8 mins ago
With the 29, January 2025 deadline for their self-imposed exit from ECOWAS, the junta leaders of Mali, Burkina Faso and Niger, the Alliance of Sahel States, AES, have become jittery, deploying every trick, including disinformation
9 mins ago
Director General of the National Sports Commission (NSC), Bukola Olapade, has described the maiden South West Games, billed to hold in Lagos in March, as strategic to NSC’s efforts to develop the country’s sports sector.
11 mins ago
Finchglow Holdings celebrates its Chairman, Kolawole Adesina, who has been awarded an honorary doctorate degree of science (D.Sc) at the 55th Convocation Ceremony of the University of Lagos.
12 mins ago
Justice Muhammad Maina of the Borno State High Court, Maiduguri, has convicted and sentenced Ahmed Saleh Mubi to one year in prison for criminal misappropriation.
17 mins ago
To celebrate its 30th anniversary, the Nasrul-Lahi-L-Fatih Society (NASFAT) has lined up a series of events to make the occasion memorable. To kick-start the celebration, it held a press conference on January 28 at the Lagos State Secretariat Central Mosque