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Tag : NUPRC

Energy

NCDMB, NUPRC, NMDPRA, others to conduct joint industry capacity audits

Peter Anayo
Elizabeth Vincent, Yenagoa The Nigerian Content Development and Monitoring Board (NCDMB), Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), as well as the Nigerian Petroleum Exchange (NIPEX) and Oil Producers Trade Section (OPTS), comprising all international oil companies, have jointly developed a framework to......
Energy

“Gas Must Be Affordable for All Nigerians”: Ed Ubong Pushes for Commercial Pricing as Demand outpaces supply

Editor
FAVOUR ISHEMBER As Nigeria races to hit 12 billion cubic feet of gas per day by 2030, the Coordinating Director of the Decade of Gas Initiative, Chief Ed Ubong, says the country must prioritize affordability for households and move cooking gas toward a fully commercial, unregulated market. Speaking as a......
Energy

NUPRC, Defence ministry intensify security push to safeguard Oil assets

Peter Anayo
  Favour Ishember, Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called for stronger production assurance measures as Nigeria targets higher crude oil output and seeks to attract fresh investments into the upstream petroleum industry. Speaking during a courtesy visit by officials of the Federal Ministry of Defence to......
Energy

NUPRC, NRS forge stronger alliance to drive transparent Oil & Gas revenue collection as Nigeria eyes 1.9mbpd output

Peter Anayo
  FAVOUR ISHEMBER, Abuja   The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Revenue Service (NRS) have strengthened their partnership to boost openness and accountability in how oil and gas income is collected. The agreement came after a high-level meeting between NUPRC’s Commission Chief Executive, Mrs. Oritsemeyiwa Eyesan,......
Energy

NUPRC, NNRA join forces to lower oil costs, boost safety

Peter Anayo
FAVOUR ISHEMBER, Abuja   The push to fix regulatory overlap is driving a new partnership between Nigeria’s oil and nuclear watchdogs. NUPRC’s Commission Chief Executive, Mrs. Oritsemeyiwa Eyesan, said the industry’s maze of rules is hurting business. “The only way we can safeguard investments is to reduce our cost of......
Energy

NUPRC, NLNG deepen collaboration to increase gas production

Editor
UGO AMADI The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyewa Eyesan, has reaffirmed the NUPRC’s commitment to enabling a business-friendly environment and advancing the Federal Government’s gas agenda.   The CCE reaffirmed this commitment during a recent courtesy visit by the Managing Director of......
Energy

NUPRC, SeaSeis Finalise PEL 5 deal to boost offshore exploration

Peter Anayo
  FAVOUR ISHEMBER, Abuja   The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has formalised a Petroleum Exploration Licence (PEL) No. 5 agreement with SeaSeisGeophysical Limited (SeaSeis), granting the firm, working alongside the Commission and TGS—the mandate to acquire and process fresh 3D seismic and gravity datasets. The agreement, which spans......
Energy

Nigeria remains top investment destination in Africa -NUPRC

Peter Anayo
… Invites Investors to 2025 oil licensing round, promises transparency   FAVOUR ISHEMBER, Abuja The Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engineer Gbenga Komolafe, has argued that with over 37 billion barrels of proven oil reserves as well as its current status as Africa’s largest crude oil......
Energy

Ministry, NUPRC, NNPC unite against new oil decommissioning Commission

Peter Anayo
FAVOUR ISHEMBER, Abuja The Ministry of Petroleum Resources, NUPRC, and NNPC Ltd have collectively rejected the proposed bill to create the National Commission for Decommissioning Oil and Gas Installations, citing concerns over redundancy and potential disruption to investor confidence. A statement issued by Eniola Akinkuotu,Head, Corporate Communications and Media said......
Energy

NUPRC, PTDF reiterate commitment to ethical governance in hydrocarbon sector

Editor
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to promoting ethical governance as the foundation for sustainable growth in Nigeria’s and Africa’s hydrocarbon industry. Mr Gbenga Komolafe, Commission Chief Executive, NUPRC reaffirmed the commitment on Wednesday in Abuja at the 2025 International Conference on Hydrocarbon Science and......
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