The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will host a stakeholder conference in Lagos on Monday, as part of measures to bring interested companies up to speed with the requirements of the 2022 Nigeria Mini Bid round process. In a statement on Wednesday, NUPRC’s Chief Executive, Engr. Gbenga Komolafe said the conference would provide potential applicants with the opportunity to …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Thursday, issued a seven-day ultimatum for all lease and licence holders operating in Nigeria’s oil and gas sector, to disclose the real owners of their companies. In the directive signed by its Chief Executive, Engr. Gbenga Komolafe, the commission demanded that the information to be disclosed must include the identity (ies) of …

The Senate on Tuesday mandated the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to resume full regulatory oversight of all crude oil terminals in Nigeria. This is to curb pipeline vandalism and theft, which has resulted in Nigeria’s failure to meet its OPEC quota between January and July, this year. The major shut-in of well and fields led to lack of …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that it is determined to take bold and revolutionary steps, using a non-kinetic approach, to address the challenges of crude oil theft, improve national crude oil production and save the country’s economy from further degeneration. Although NUPRC is not an operator/producer, it has a statutory responsibility as a regulator to probe …