By Mathew Dennis The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set ambitious targets to expand the country’s hydrocarbon reserves, aiming for 40 billion barrels of oil and 220 trillion cubic feet of gas. Speaking at the Nigeria International Energy…
President Bola Tinubu is committed to transparency, attracting investment, and fostering sustainable growth in the oil and gas industry. This was revealed by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Chief Executive, Mr Gbenga Komolafe, at the Renewed Hope Global…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a significant reduction in crude oil theft, which has now decreased to 5,000 barrels per day (bopd) due to both kinetic and non-kinetic interventions. The Commission’s Chief Executive, Engr Gbenga Komolafe,…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned that it will deny export permits for crude oil cargoes intended for domestic refining, if oil companies do not fulfill their domestic crude obligations. The Commission Chief Executive (CCE), Mr Gbenga…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says operators will be required to provide evidence of low carbon emissions for applications of oil licences and permits from January 1. Chief executive officer (CEO) of the NUPRC, Gbenga Komolafe said the…
The Nigerian Upstream Petroleum Regulatory Commission has clarified that international oil companies are not exiting Nigeria despite their recent divestments. According to NUPRC CEO, Gbenga Komolafe, these divestments are part of “portfolio rationalisation,” a common practice in other markets. At…
By Matthew Denis The Chief Executive of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has warned that Nigeria could face “an impending gas supply crisis with a potential shortfall of 3.1 bcf/day by 2030” if measures are…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has advocated the establishment of more Alternative Dispute Resolution Centre (ADRC) within the upstream oil and gas sector in oil-producing regions. The Commission Chief Executive, NUPRC, Mr Gbenga Komolafe made the call on…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stated that International Oil Companies (IOCs) are not refusing to sell crude oil to the Dangote refinery. The Chief Executive Officer of the Commission, Engineer Gbenga Komolafe, made this remark during an…
By Esther Agbo In a move aimed at safeguarding Africa’s petroleum industry from exploitation and enhancing its sustainability, the African Petroleum Regulators Forum (AFRIPERF) was launched on the sidelines of the Nigeria Oil and Gas Conference (NOG) 2024 in Abuja…
