The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) marked its third anniversary with the launch of the Project 1 Million Barrels of Oil Per Day (1MMBOPD) initiative. Speaking at the event, the Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission Engr. Gbenga Komolafe, highlighted the NUPRC’s achievements since its formation in 2021, following ...

President Bola Ahmed Tinubu has emphasized the importance of collaboration in achieving the government's targets for the oil and gas sector in the coming year. Represented by the Secretary to the Government of the Federation, Senator George Akume, at the official launch of the Nigerian Upstream Petroleum Regulatory Commission's project to increase oil production by an additional one m...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has been recognized as the Best Federal Ministry, Department, and Agency (MDA) in Digital Transformation , while Engr Gbega Komolafe the CCE of the Commission bagged the distinguish trailblazer award at the 2024 Nigeria GOVTECH Conference and Awards. The event, organized by the Bureau for Public Service Reform, celebrated i...

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe made a significant presentation during the Nigerian National Showcase. The focus of the presentation was on the 2024 Nigerian License Round, an initiative aimed at attracting global investors to Nigeria’s oil and gas sector. Komolafe emphasized Nigeria's commitment to e...

A bilateral meeting between the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the United States Bureau of Energy Resources focused on strategies for methane abatement and emissions reduction, aiming to create a mutually beneficial balance between industrial progress and environmental sustainability. The NUPRC delegation, headed by Commission Chief Executive Engr. Gbeng...

The leadership of Chevron Nigeria Limited (CNL) paid a courtesy visit to the Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission to introduce their newly appointed directors. Chris Jablonski, Director, Commercial & Negotiations, and Mr. Segun Kuteyi, Director, NNPCL/CNL JV, replacing the retired Mr. Cosmas Iwueze, were formally introduced. Dur...

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has noted that gas demand in Nigeria is growing rapidly, outpacing supply, with demand expected to increase at a compound annual growth rate of 16.6% by 2030. There is also the possibility of a 3.1 billion cubic feet per day shortfall in supply. The CCE made this ind...

In line with Section 216 (1) of the PIA 2021, which requires the Commission to consult with stakeholders prior to finalising regulations or amendments to regulations, all stakeholders are hereby invited to attend the consultation forum on the following draft regulations: i. Amendment to the Upstream Decommissioning and Abandonment Regulations 2023 ii. National Data Reposito...

The attention of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has been drawn to a publication in the BusinessDay of September 11, 2024, purporting that the Commission has accepted Shell International Plc’s bid to sell its onshore assets to Renaissance in a transaction worth $1.3 billion. It must be firmly stated that the information contained in the publication did no...