13 Oct 2025

The Host Community Development Trust (HCDT) has risen to N373bn as of October 13, 2025, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said, adding that at least 536 community projects are ongoing simultaneously. The NUPRC said in a statement that the fund comprises N125bn and $168.9m. Section 235 of the Petroleum Industry Act of 2021, mandates settlors (oil comp...

05 Oct 2025

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has published a list of 16 high impact achievements four years since its establishment. The Commission in a statement called on Nigerians to take note of the myriad high impact achievements of the Commission in the last four years despite the legacy challenges it inherited from the pre-Petroleum Industry Act era. The NUP...

27 Sep 2025

The Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has called for dialogue between Dangote Petroleum Refinery and Petrochemicals and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) as well as the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), urging all parties to find c...

25 Sep 2025

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed off on a Sales Purchase Agreement (SPA) by TotalEnergies Exploration and Production Nigeria Limited to assign its entire 12.5% contractor interest in Oil Mining Lease (OML) 118 to Shell Nigeria Exploration and Production Company (SNEPco) and Nigerian Agip Exploration Limited (NAE). According to the details of the...

25 Sep 2025

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued an official clarification on the status of the TotalEnergies and Chappal Energies deal which first received a ministerial consent on October 28, 2024. The clarification has become imperative due to a series of media enquiries. Recall that the NUPRC had on October 28, 2024 conveyed a grant of ministerial consen...

24 Sep 2025

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has faulted a report titled, ‘N8.41tn oil theft drains economy, fuels investors’ doubts’ published on the front page of The PUNCH on Wednesday September 24, 2025. The report in question was based on a misinterpretation of crude loss statistics between 2021 and July 2025 which had been released by the NUPRC in the spirit of ...

18 Sep 2025

…AFRIPERF Charter To Promote Investments, Harmonisation of Petroleum Regulations Nigeria has once again demonstrated leadership in Africa’s oil and gas sector by spearheading the signing of a charter to birth the African Petroleum Regulators Forum (AFRIPERF). The landmark signing ceremony, chaired by the Commission Chief Executive (CCE) Of the Nigerian Upstream Petroleum Regulatory...