In its avowed bid to drive and grow sustainable investments in Nigeria’s upstream for energy security and national economic development and in the process return value to all stakeholders, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Thursday met in Lagos with members of the Oil Producers Trade Section (OPTS) and Independent Petroleum Producers of Group (IPPG) to fine...

Mr Gbenga Komolafe, the Chief Executive Officer, NUPRC, made the clarification in a statement issued on Friday in Lagos. Komolafe said the commission would, therefore, not respond to allegations of non-remittance of funds into the Consolidated Revenue Fund by the defunct PEF. He said the clarification was necessitated by reports in the media indicating that the Senate Commi...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Thursday confirmed the successful stoppage of the Santa Barbara Oil spill at Nembe Creek in Bayelsa State. The Commission is a statement by its CEO Engr. Gbenga Komolafe, explained that oil well operated by Aiteo Eastern Exploration and Production Company  has been ‘killed’ through the professional deployment of appropriate...