Tag: NUPRC
NUPRC: We can’t remit funds we didn’t receive from licensees
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
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
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
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...
Tinubu appoints 3 NUPRC commissioners, redeploys one
President Bola Tinubu has approved the appointment of three new Executive Commissioners at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) pending their confirmation by...
NUPRC opens bid round for seven offshore oil blocs
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the Mini Bid Round 2022 for new crude oil exploration and drilling activities in the...
NUPRC: 17 marginal oilfields producing, 13 dormant in Nigeria
Seventeen marginal oilfields in Nigeria are currently producing out of 30 fields awarded since its inception in 1999.
Chief Executive of the Nigerian Upstream Petroleum...
Oil deal: NNPC, IOCs target $500bn revenue in 20 years
The Nigerian National Petroleum Company (NNPC) Ltd has sealed five strategic agreements to renew oil production sharing agreements with Oil Majors, with a view...
Seplat: We’re not informed of ExxonMobil deal reversal
Seplat Energy has said it was informed of the reversal of its proposed acquisition of the entire share capital of ExxonMobil.
The company, on Thursday,...
Buhari makes U-turn, reverses sale of ExxonMobil shares
President Muhammadu Buhari has reversed his approval authorising the sale of assets of ExxonMobil to Seplat Energy Offshore Limited.
The Star recalls that the Special...
