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NUPRC
PENGASSAN has written to President Bola Ahmed Tinubu through the office of the Chief of Staff, demanding a reversal of a decision to split 4% cost collection from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
The National Upstream Petroleum Regulatory Commission (NUPRC) reported that Nigeria’s crude oil production came in at 1.48mbpd in June 2023 (inclusive of 55,088bpd and 176,030bpd of its blended and unblended condensates respectively).
President Bola Ahmed Tinubu has provided instructions on the operations of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
All Nigeria's major crude oil terminals, including Bonny, Brass, Qua Iboe, Forcados, Escravos, Odudu (Amenam Blend), and Tulja-Okwuibome, experienced production increases between April and May 2023.
The representatives of the federal government and various stakeholders announced that discussions regarding fuel subsidy removal palliatives will be concluded within a span of eight weeks.
NUPRC has addressed the Butane lifting allegations made by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) against ExxonMobil, stating that the operation was approved.
Nigeria has reclaimed its position as the top African crude oil producer for May 2023, producing 1.184 million barrels per day according to OPEC data.
Nigeria's President aims to reach 4 million barrels per day of oil and 12 billion cubic feet per day of gas production capacity by 2030.
The Nigerian Upstream Petroleum Regulatory Commission has issued seven new regulations for the oil and gas industry to promote effectiveness and clarity in operations.
Nigerian National Petroleum Company Limited has announced the signing of a suite of agreements on oil mining license (OML) 130
The numbers agree with his assertion, as Nigeria’s crude production continues to decline according to the latest reports.
Nigeria’s crude oil production for the month, showed a reduction from the 1.2 million barrels per day, it produced in March 2023.