The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has exceeded its revenue target by 49%. This revenue growth is attributed to its strategic overhaul of Nigeria’s upstream petroleum sector. Through regulatory reforms, the commission has plugged financial leakages and attracted substantial investments, despite the divestment of some oil and gas assets. The commission, es...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) recently hosted the Defense HQ Joint Monitoring Team (JMT) on crude oil activities, further solidifying their collaborative efforts towards curbing crude oil theft and loss. The Commission Chief Executive of the NUPRC, Engr Gbenga Komolafe welcomed the team and provided an overview of the Commission's activities and initiat...

The Lagos State Commissioner for Energy, Biodun Ogunleye, has solicited the support of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in securing favorable pricing and an adequate supply of gas for power generation. The appeal was made in Abuja when the Commissioner led a team from the Lagos State Ministry of Energy on a visit to the NUPRC. According to Engr. Biodun ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has convened a stakeholder engagement that focused on the application and implications of Section 94 of the Petroleum Industry Act (PIA) 2021. The session, chaired by the Executive Commissioner for Exploration and Acreage Management, Bashari Indabawa, on behalf of the Commission Chief Executive, Engr. Gbenga Komolafe, addre...

Officials from the Ministry of Petroleum Resources visited the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on a technical visit. The Executive Commissioner for Development and Production, Mr. Enorense Amadasu, and the Executive Commissioner for Exploration and Acreage Management, Bashari Indabawa, were present during the visit. During the briefing, the NUPRC highlight...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC)has highlighted the potential of multi client data and technology to drive cost efficiency and reserve growth in Nigeria's upstream sector. The Executive Commissioner of Development and Production at the Commission, Engr. Enorense Amadasu, represented by Engr. Emmanuel Mac-Jaja, explained that this approach, which leverages ...

The African Regulatory Forum (AFRIPERF), chaired by Engineer Gbenga Komolafe, the Commission Chief Executive of Nigeria’s Upstream Petroleum Regulatory Commission (NUPRC), held its second meeting on Tuesday, November 11, 2024. The meeting, which was held virtually was a follow-up to the forum's inauguration on July 1, 2024, at the International Conference Centre in Garki, Abuja. AFRIPER...

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has called for a collective approach to addressing Nigeria's energy trilemma of security, affordability, and sustainability. The CCE was speaking at the opening of the 42nd Annual International Conference and Exhibition of the Nigerian Association of Petroleum Explor...

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has emphasized that claims of a N32 billion revenue leakage from the commission are unfounded. Speaking before the House of Representatives Public Accounts Committee, Komolafe clarified that NUPRC operates within strict guidelines set by the Petroleum Industry Act (P...