Peter Uzoho writes on how the Nigerian Upstream Petroleum Regulatory Commission is methodically addressing bottlenecks around the 2020 marginal fields bid round in order to bring the process to a closure. This is expected to translate to oil production optimisation and strengthening of local capacity. One of the major responsibilities inherited by the Nigerian Upstream Petroleum Regul...

Mr Gbenga Komolafe, Chief Executive, NUPRC   By Solomon Asowata Mr Gbenga Komolafe, Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigeria can utilise mass data to meet its energy needs and increase its hydrocarbon reserves. Komolafe spoke at a panel session on "Data to Barrel” at the ongoing 5th Nigeria International Energy Summit in Abuja. ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has said developments in the global energy space calls for collaboration among stakeholders to enable the country to achieve higher productivity and attract the desired investments. The Commission Chief Executive, Gbenga Komolafe, said this yesterday, in his welcome remark at the opening of the 5th Nigeria International En...

In compliance with section 216 {1} of the Petroleum Industry Act 2021 on consultation with Stakeholders prior to finalising any Regulations, the Nigerian Upstream Petroleum Regulatory Commission (Commission) hereby invites inputs from the lessees, licensees, permit holders, Host Communities, and other Stakeholders in the Nigerian upstream petroleum sector, within Twenty-one {21} days fro...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the activities of the defunct Petroleum Equalisation Fund (PEF) do not fall under the operational purview of the commission. 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 allegat...