NUPRC

Nigeria may import more crude as 1.67b barrels reserve remain undeveloped

There are indications that Nigeria may import more heavy crude oil from U.S. and other places as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said only five per cent of Nigeria’s heavy

5 days ago

by Kingsley Jeremiah

FG retools oil bidding process, focuses on production bonus

The Federal Government has re-engineered Nigeria’s oil bidding process with emphasis on production bonuses, targeted at enabling investors to channel their scarce resources into development needs and early production. In the past,

1 week ago

Business

Dangote accuses IOCs of manipulating crude oil prices, plotting refinery’s failure

Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused international oil companies (IOCs) in Nigeria of doing everything to frustrate the survival of Dangote Oil Refinery and

1 week ago

News·Slide

Nigeria’s oil licence auction attracts huge interest

Nigeria is expanding the number of oil blocks slated for auction in its 2024 licensing round as well as extending the deadline for ending the exercise amid keen interest in the offer,

2 weeks ago

Business

Gbenga Komolafe is the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)

Oil block licensing: NUPRC extends deadline for pre-qualification exercise

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the extension of the deadline for the registration and submission of pre-qualification documents for the 2024 oil block licensing round. Chief Executive Officer

2 weeks ago

News·Nigeria

Nigeria harmonises bid criteria for upcoming oil and gas licensing rounds

The Federal Government of Nigeria has harmonised the criteria for the 2022/23 Mini Bid Round and the 2024 Licensing Rounds to attract fresh investments into the upstream oil and gas sector. This

2 weeks ago

Business

Cost of revenue collection gulps N214.29b in Q1 2024

Sparks calls for revenue collection harmonisation Revenue collecting agencies, the Federal Inland Revenue Service (FIRS), Nigeria Customs Service (NCS), and Nigerian Upstream Petroleum Regulatory Commission (NUPRC) shared N214.29 billion as logistics cost in

2 weeks ago

News

FG to increase oil blocks for bid round, assures transparency

The Federal Government has unveiled plans to increase the number of blocks to be auctioned in the 2024 oil licensing round, assuring transparency in the bidding process.

3 weeks ago

National·News·Nigeria

Coalition passes vote of confidence on NUPRC

A Coalition of Civil Society Organisations For Good Governance yesterday passed a vote of confidence on the chairman of the Nigerian Upstream Petroleum Regulatory Commission

4 weeks ago

National·News·Nigeria

Gbenga Komolafe’s performance at NUPRC gains civil society accolades

A coalition of Civil Society Organizations has commended Gbenga Komolafe, the chief executive officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for his transparency, efficiency and developmental strides in the growth

4 weeks ago

Metro·News·Nigeria

Marginal Field Bid Round: HOSTCOM lauds transparent process by NUPRC

The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) has commended the Nigerian Upstream Regulatory Commission (NUPRC)

1 month ago

National·News·Nigeria

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NUPRC

Nigeria may import more crude as 1.67b barrels reserve remain undeveloped

FG retools oil bidding process, focuses on production bonus

Dangote accuses IOCs of manipulating crude oil prices, plotting refinery’s failure

Nigeria’s oil licence auction attracts huge interest

Oil block licensing: NUPRC extends deadline for pre-qualification exercise

Nigeria harmonises bid criteria for upcoming oil and gas licensing rounds

Cost of revenue collection gulps N214.29b in Q1 2024

FG to increase oil blocks for bid round, assures transparency

Coalition passes vote of confidence on NUPRC

Gbenga Komolafe’s performance at NUPRC gains civil society accolades

Marginal Field Bid Round: HOSTCOM lauds transparent process by NUPRC

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