The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called for synergy and collaboration among stakeholders in the nation’s oil and gas sector. This, it stressed was critical to achieving the objectives of the Petroleum Industry Act (PIA). The Chief Executive Officer of NUPRC, Mr. Gbenga Komolafe, made the call yesterday in a statement issued in Abuja and signed by th...

Notice to all Potential Awardees in the Marginal Field Bid Round, 2020  Notice is hereby given to all recipients of Potential Awardee Letter in the Marginal Field Bid Round, 2020 that the Forty-five (45) days allowed for payment of the requisite Signature Bonus has since lapsed in line with the extant rules and guidelines governing the 2020 Marginal Field Bid Round.   Signe...

Today, the Armed Forces Remembrance Day Celebration Emblem 2022 was launched at the NUPRC headquarters office in Abuja with the decoration of the Commission Chief Executive, Engr. Gbenga Komolafe with the commemorative emblem by Secretary General, Nigerian Legion, Group Captain Kayode Richard Abe Rtd.
We Salute our fallen heroes and God bless Nigeria !

Criminals using anonymous companies are the major obstacle in the fight against money laundering and corruption in Nigeria, the Federal Government said on Tuesday. The Minister of Finance, Budget and National Planning, Zainab Ahmed, said this at the Nigerian inauguration of Opening Extractives in Abuja, which focused on revealing the beneficial owners of companies in the extractive in...

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has announced that it will work with Nigeria Extractive Industries Transparency (NEITI) to deepen Nigeria’s implementation of contract transparency and beneficial ownership disclosures in Nigeria. Chief Executive Officer of NUPRC, Gbenga Komolafe disclosed this on Tuesday in Abuja at the National launch of the Opening Extrac...

•NEITI, Upstream commission move to enforce compliance in the oil sector The Federal Government, through the recently established Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday, said it would become compulsory for oil and gas companies operating in the country to disclose their owners under the Beneficial Ownership (BO) Reporting system. The Minister of Finance...

The Nigerian Upstream Petroleum Regulatory Commission, one of the two new regulators in the nation’s oil and gas industry, has told oil and companies operating in the country to pay their royalties as and when due. The Commission Chief Executive, NUPRC, Mr Gbenga Komolafe, while addressing a group of indigenous producers on Friday, stressed the need to optimise oil and gas production ...

Emmanuel Addeh in Abuja and Peter Uzoho in Lagos In continuation of his ongoing engagements with critical stakeholders in the Nigerian oil and gas industry, the Chief Executive Officer of the Nigerian Upstream Regulatory Commission (NURC), Mr. Gbenga Komolafe, yesterday met with oil majors operating in the country on the aegis of Oil Producers Trade Section (OPTS). At the meeting h...