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Crude oil supply: NUPRC reads riot Act to producers, refiners

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has vowed to deny export permits for crude oil cargoes intended for domestic refining if oil companies...

NUPRC: Refineries’ demand for crude oil to hit 770,500 bpd in...

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has predicted that local refineries in the country would need an average of 770,500 barrels of crude...

‘N88bn as salaries’: Reps order NUPRC to provide oil production, crude...

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The House of Representatives has directed the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to provide details of all oil production, crude sales, and other...

FG approves ExxonMobil’s $1.28bn assets divestment to Seplat

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The Federal Government has announced the approval of ExxonMobil’s $1.28 billion divestment of its oil and gas assets to Seplat Energy. The Chief Executive of...

NUPRC secures N60bn, $100m for host community devt

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has successfully secured over N60 billion and $100 million for the oil and gas host community development...

Nigeria’s crude oil production hits 1.61mbpd

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that the nation’s average crude oil daily production rose to 1.61 barrels per day (mbpd)...

NUPRC: We can’t remit funds we didn’t receive from licensees

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says there was no way it could remit funds it didn’t receive from licensees to the federation...

Like CBN, FAAN, Petroleum commission to relocate key depts to Lagos

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to relocate some of its units to Lagos. This is contained in a memo signed by...

NUPRC rolls out 2024 plans, targets increased revenue generation

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rolled out its action plan for the year 2024. The NUPRC Chief Executive, Engr. Gbenga Komolafe, in...

Reps probe NUPRC over dwindling revenue in signature bonuses

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The House of Representatives has quizzed the management of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) over dwindling revenues accruing from signature bonuses. The Chairman...
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