21 Oct 2024

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...

09 Oct 2024

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...

08 Oct 2024

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...

03 Oct 2024

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...

14 Sep 2024

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...

11 Sep 2024

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...