Photonews: The President, Nigerian Association for Energy Economics (NAEE) Prof. Yinka Omorogbe and the Executive Council visited the Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission, Engr. Gbenga Komolafe in his office. The visit was to acquaint the CCE of the activities of the Association for the year and to seek collaboration with NUPRC toward...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revoked marginal oil field awarded to 33 companies for failing to meet the 45 days deadline required to pay the signature bonus for the fields. Giving an update on the award process at a meeting with the awardees in Abuja, yesterday, the Chief Executive of Officer of NUPRC, Engr. Gbenga Komolafe said of the 161 companies ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to close out the 2020 marginal field bid round programme in line with the Petroleum Industry Act 2021 (PIA). This follows the successful completion of the marginal oilfield bid earlier in the year and the issuance of award letters to successful investors. This was made known in a statement issued by t...

Mr Gbenga Komolafe, Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says the implementation of the Petroleum Industry Act ( PIA) will enable far-reaching reforms and a sustainable overhaul of the industry. Komolafe made the assertion on Tuesday at the virtual Nigerian Gas Association (NGA) 2021 Business Forum and Annual General Meeting. The News ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called for synergy and collaboration among stakeholders in the nation’s oil and gas sector. This, it stressed was critical to achieving the objectives of the Petroleum Industry Act (PIA). The Chief Executive Officer of NUPRC, Mr. Gbenga Komolafe, made the call yesterday in a statement issued in Abuja and signed by th...