The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stressed that an abundance of opportunities still remained to be harnessed in the country’s oil and gas sector despite the current global energy transition to net-zero carbon emission. The NUPRC stated that it would drive the exploitation of these opportunities by addressing key issues that would facilitate growth, stab...

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has said that the goal of the global change to move completely away from fossil fuels has its implications. The Chief Executive, NUPRC, Gbenga Komolafe, said this on Thursday in Abuja at the ongoing fifth Nigeria International Energy Summit (NIES 2022) with the theme “Revitalising the Industry: Future Fuels and Energy Transi...

The Nigerian Upstream Petroleum Resources Commission (NUPRC) is considering collaboration with key government agencies to fight crude oil theft in Nigeria. On the average, Nigeria Extractive Industries Transparency Initiative (NEITI) indicated that in 2019 alone, Nigeria lost 42.25 million barrels of crude oil to theft. The product is valued at $2.77 billion. While the country is a...

Stakeholders in Nigeria’s oil and gas industry have been charged to deploy new technologies to leverage big data in order to optimize hydrocarbon recoveries and achieve maximum returns investments. The Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, made the call at this year’s Nigeria International Energy Summit (NIES), in Abuja...

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) says the goal of the global change to move completely away from fossil fuels has its implications. Mr Gbenga Komolafe, the Chief Executive, NUPRC, said this on Thursday in Abuja at the ongoing fifth Nigeria International Energy Summit (NIES 2022) with the theme “Revitalising the Industry: Future Fuels and Energy Transition.”...

Peter Uzoho writes on how the Nigerian Upstream Petroleum Regulatory Commission is methodically addressing bottlenecks around the 2020 marginal fields bid round in order to bring the process to a closure. This is expected to translate to oil production optimisation and strengthening of local capacity. One of the major responsibilities inherited by the Nigerian Upstream Petroleum Regul...

Mr Gbenga Komolafe, Chief Executive, NUPRC   By Solomon Asowata Mr Gbenga Komolafe, Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigeria can utilise mass data to meet its energy needs and increase its hydrocarbon reserves. Komolafe spoke at a panel session on "Data to Barrel” at the ongoing 5th Nigeria International Energy Summit in Abuja. ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has said developments in the global energy space calls for collaboration among stakeholders to enable the country to achieve higher productivity and attract the desired investments. The Commission Chief Executive, Gbenga Komolafe, said this yesterday, in his welcome remark at the opening of the 5th Nigeria International En...

In compliance with section 216 {1} of the Petroleum Industry Act 2021 on consultation with Stakeholders prior to finalising any Regulations, the Nigerian Upstream Petroleum Regulatory Commission (Commission) hereby invites inputs from the lessees, licensees, permit holders, Host Communities, and other Stakeholders in the Nigerian upstream petroleum sector, within Twenty-one {21} days fro...