In a bid to arrest the daunting challenge of oil theft in Nigeria’s petroleum sector, which has plagued the nation’s oil and gas industry, the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Engr. Gbenga Komolafe has sought an enhanced collaboration with the Police. Komolafe emphasised the urgent need for a united front against the escalating challenges posed by …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rolled out its action plan for 2024 and near term 2024 to 2026, highlighting in broad terms the regulatory approach and actions to be implemented in furtherance of its mandate as the apex regulatory agency established to supervise upstream petroleum operations in Nigeria. In a statement on New Year’s eve, the commission …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has waded into the dispute between Chevron Nigeria Limited and some communities within the company’s Warri exploration and production area in Delta State, over the composition and naming of the Host Communities Trust Fund. Both parties in the dispute have been urged to maintain the peace pending the resolution of the matter. The …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Tuesday in Abuja read the riot act to producers in the oil and gas industry that it would not hesitate to apply measures on erring/deviant producers/operators whose activities constitute a hindrance to the effective implementation of the Nigerian Gas Flare Commercialisation Programme (NGFCP), the country’s climate action plan. NUPRC’s Chief Executive, Engr …

The Nigerian oil official mentioned in the $800,000 fraud case involving wind turbine energy giant Nordex, Dr Kelechi Ofoegbu has denied any wrongdoing. He has therefore urged both Nigeria’s Inspector General of Police (IGP) and INTERPOL to investigate the matter further to prove his innocence. Hackers used their email access to Mountain Crane and sent an invoice totalling $1.75 million …

President Bola Tinubu on Tuesday approved the appointment of three new Executive Commissioners to serve in the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the redeployment of one current Executive Commissioner, pending their confirmation by the Nigerian Senate. The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, revealed this in a statement on Tuesday titled ‘President Tinubu …

In compliance with the provisions of Section 71 (1) – (10) of the Petroleum Industry Act (PIA) 2021, the Nigerian Upstream Petroleum Commission (NUPRC) has granted a Petroleum Exploration Licence (PEL) to TGS-PetroData Offshore Services Limited (TGS-PD). The PEL is the first under the PIA 2021 and is under the licence agreement which the commission and TGS-PD executed for a …

Forty two companies and entities have been awarded 49 flare sites after their successful bid in the 2022 Nigerian Gas Flare Commercialisation Programme (NGFCP) auction process, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). In a statement, NUPRC management said on Tuesday 38 of the companies/entities were awarded 40 flare sites for standalone single flare site development, while 4 others …

Nigeria has resumed the export of about 220,000 barrels of crude oil per day at the Forcados terminal The terminal was shut for maintenance on 12 July 2023, after workers saw ‘fumes’ near a single buoy mooring where oil was being loaded onto a vessel. The development contributed partly to the inability of Nigeria to meet the quota of the …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has countered the allegation by its sister regulator, the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s (NMDPRA) that ExxonMobil was lifting butane illegally at Bonny River Offshore Terminal (BRT). In letters to the Ministry of Petroleum Resources and Chief of Defence Staff, General Lucky Irabor, NMDPRA had alleged that ExxonMobil Corporation was involved …