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NUPRC
The Dangote Refinery has secured a license to refine over 300,000 barrels of crude per day.
NUPRC emerged as the primary contributor to the 2020-2021 mineral revenue, accounting for a significant N2.71 trillion of the total N6.40 trillion, according to the NEITI.
President Bola Tinubu has approved the appointment of 3 new Executive Commissioners to serve in the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the redeployment of one current Executive Commissioner, pending their confirmation by the senate.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it will enforce crude supply obligations to local refineries.
The other agencies summoned to appear before the House are the Rural Electrification Agency (REA), Nigeria Export Promotion Council (NEPC), and the Federal University of Petroleum Studies in Effurum, Delta State.
According to the latest monthly report from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s average oil production hit a 20-month high in September reaching 1.57mbpd.
The Nigerian Government revealed that the total annual upstream capital expenditure in Nigeria’s oil and gas industry decreased from 27 billion dollars in 2014 to less than six billion dollars in 2022.
Ms. Olu Verheijen, the Special Adviser to President Tinubu on Energy has unveiled groundbreaking initiatives to boost oil and gas investments. She has also secured $13 billion worth of energy investments.
The 2022 Nigerian Gas Flare Commercialization Programme reached a milestone on Wednesday with the Federal Government issuing letters of award to 42 participating firms.
Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shown that the country produced 1. 4 million barrels per day of crude oil.
NUPRC on Thursday denied allegations by the local branch of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) that it misappropriated N14 billion.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has introduced four new regulations for oil and gas operators in the Nigerian petroleum industry.