…Nigeria Upstream Petroleum Host Community Development Trust regulation gazetted The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is in the process finalising seven draft regulations that would impact positively on the upstream oil and gas industry, according to its Chief Executive, Engr. Gbenga Komolafe. Opening a three-day industry stakeholder engagement in Abuja on Monday, Komolafe also announced that the Nigeria Upstream …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has affirmed that the status quo remains in respect of ExxonMobil/Seplat Energy share acquisition. Responding to media enquiries on the latest development about the transaction, NUPRC Chief Executive, Engr. Gbenga Komolafe clarified that,  in line with the provisions of the Petroleum Industry Act 2021, the commission is the sole regulator in dealing with …