05 Jun 2025

Rebuts report on expiration of 40 Oil Block Licences The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has firmly stated that no violations of oil licensing guidelines occurred during the 2024 Oil Block Licensing Round, refuting recent allegations made in an online newspaper that suggested otherwise. The Commission clarified that the entire process was conducted in stri...

27 May 2025

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), led by Commission Chief Executive Engr. Gbenga Komolafe, hosted a delegation from NNPC Energy Services (ENSERV) at its Abuja headquarters. The visit introduced ENSERV’s new management team, headed by Managing Director Sotonye Pinnick. ENSERV expressed a strong commitment to collaboration with the Commission, particularly in e...

21 May 2025

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled a sweeping agenda for deepening indigenous capacity and strengthening investor confidence as part of a wider push for transformation and sustainability in Nigeria’s Upstream Petroleum sector. The Commission Chief Executive, Engr. Gbenga Komolafe, represented by the Executive Commissioner for Health, Safety, Env...

06 May 2025

ExxonMobil has affirmed its long-term commitment to Nigeria’s oil and gas sector with a planned investment of 1.5 billion dollars in deepwater exploration and development. This significant financial commitment, which will be implemented between Q2, 2025 - 2027 focuses on revitalizing production in the Usan deepwater oil field. The company proposed FID in late Q3 2025 subject to final Fie...

30 Apr 2025

Petroleum industry regulators on the African continent, under the auspices of the African Petroleum Regulators Forum (AFRIPERF), have brought to the fore an agenda for cooperation, investment, and economic development in the African petroleum sector. The forum, during its third meeting held virtually and attended by 17 member nations, was chaired by the interim chairman, the Commissio...