The latest figures on Nigeria's crude Oil and Gas reserves have been released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The Commission's Chief Executive, Engr Gbenga Komolafe, gave the breakdown on Monday during a press briefing at the Commission's Headquarters in Abuja. Engr Komolafe revealed that as of January 1, 2024, the combined reserves of Crude Oil an...

The 2024 Society of Petroleum Engineers Oloibiri Lecture Series and Energy Forum kicked off in Abuja on Thursday, March 28, 2024, with the theme: "Stability in the Energy Sector: Integrated Strategies for Infrastructure, Transportation, and Security," The pivotal event brought together prominent stakeholders from Nigeria's oil and gas industry who are united in their mission to assess...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has instructed its enforcement committee to develop a template for the seamless implementation of the Domestic Crude Oil Supply Obligation (DCSO) within 48 hours. This directive was given by the Commission Chief Executive, Engr Gbenga Komolafe, at a meeting to review the DCSO, as provided in Section 109 (2) of the Petroleum...

In a bid to revitalise Nigeria's oil and gas industry, stakeholders convened at the annual sector retreat to deliberate on strategies aimed at fostering synergy for enhanced development.   Government agencies and private companies are poised to collaborate, pooling resources and expertise for joint investment in infrastructure development, exploration, and production activitie...

The Nigerian Upstream Petroleum Regulatory Commission and New Energy Transfer Group(NET) Poland have forged a promising avenue for collaboration aimed at advancing research, promoting sustainable energy solutions, and addressing environmental challenges on a global scale. This collaboration marks a significant moment not only for Nigeria but also for the international community. Th...

A 3-DAY PARLEY BETWEEN NUPRC AND GGGI ON NGFCP IMPLEMENTATION AND PROJECT EXECUTION In an effort to drive the successful implementation of the NGFCP and expand financing options for Awardees, the NUPRC is deepening collaboration and partnerships with development agencies and multi-lateral institutions such as the Global Green Growth Institute (GGGI) - A South Korean Government Funded...

The Honorable Minister of State Petroleum Resources (Oil) inaugurates Nigerian Content Development Monitoring Board (NCDMB) Governing Council Members The Honorable Minister of State Petroleum Resources (Oil) Sen. Heineken Lokpobiri has inaugurated the Nigerian Content Development Monitoring Board (NCDMB) Governing Council Members on Thursday 29th February 2024. The inauguration whi...

The Director General, Petroleum Commission of Gambia, Mr. Jerreh Barrow, paid a courtesy visit to the Commission Chief, Engr. Gbenga Komolafe, alongside his colleague at the NUPRC headquarters, Jabi on Wednesday, 28th February 2024, to establish and foster strategic alignment and collaboration between Nigeria and Gambia in the Upstream petroleum sector, as well as other West African coun...