The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe has stated that the current oil block bid for 2024 is meant for investors with financial capacity and technical competence.
Nigerian crude moderately decreased but maintained its premium status as industry data showed a buildup in both crude and fuel inventost economyries in the world's large.
The federal government through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has proposed to expedite the exit of major oil companies like Shell and Exxon Mobil from the Niger Delta region, on the condition that they accept responsibility for oil spills and finance the cleanup efforts.
The Federal Government may approve ExxonMobil’s asset sale to Seplat in less than two weeks if parties agree...
The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has established a divestment framework to oversee the evaluation of applications for ministerial consent regarding the Shell Petroleum Development Company of Nigeria Ltd. (SPDC) divestment process.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the initiation of a new bid round for marginal oil fields in Nigeria in 2024.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified that ownership of oil and gas assets in Nigeria...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it will enforce crude supply obligations to local refineries.
Oil major, TotalEnergies has fully funded its host community development trust with $15 million.
The Chief Executive Officer of the NUPRC has confirmed that President Buhari's directive to take over all crude oil export terminals is being carried out.
President Muhammadu Buhari has directed the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to take over the supervision of all crude oil export terminals in the country.
Buhari has approved new dates for the deadline of the submission of bids and conclusion of activities under the deep offshore oil block.
