14 Jun 2023

Our attention has been drawn to some publications in the media between June 12 and 13, 2023, alleging illegal lifting of Butane at the Bonny River Offshore Terminal (BRT) by ExxonMobil. The publications quote a sister regulatory agency, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), as the source of the allegation. Being the regulator statutorily en...

25 May 2023

Aims at providing a regulatory environment that assures efficiency, predictability, clarity and effectiveness Seven new regulations aimed at providing a regulatory environment that assures efficiency, predictability, clarity and effectiveness to the Nigerian oil and gas industry have been issued by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). These bring to 12 th...

25 May 2023

The Permanent Secretary, Federal Ministry of Petroleum Resources Ambassador Gabriel Tanimu Aduda superintended the signing of OML 130 lease renewal at NNPC Limited towers, Abuja today.   The Commission Chief Executive Engr. Gbenga Komolafe and the Group Chief Executive Officer NNPCL Mallam Mele Kolo Kyari were among the parties that signed the renewal document.   Th...