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Tag: NUPRC

NUPRC: Nigeria’s Oil Reserves Hit 37.28 Billion Barrels, Gas 210.54 TCF in 2025
BusinessNews

NUPRC: Nigeria’s Oil Reserves Hit 37.28 Billion Barrels, Gas 210.54 TCF in 2025

NEWS BAR NGApril 12, 2025April 12, 2025

*Crude stock reduces marginally by 0.60%, gas rises 0.61% The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday announced that Nigeria’s…

NUPRC Writes Oil Producers, Threatens Sanctions over Non-supply to Local Refineries
BusinessNews

NUPRC Writes Oil Producers, Threatens Sanctions over Non-supply to Local Refineries

NEWS BAR NGFebruary 4, 2025February 4, 2025

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has vowed to wield the big stick against crude oil producers in Nigeria…

Niger Delta Stakeholders Write NUPRC, Demand Oil Blocks Allocations’ Reversal
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Niger Delta Stakeholders Write NUPRC, Demand Oil Blocks Allocations’ Reversal

NEWS BAR NGDecember 25, 2024December 25, 2024

•Threaten litigation after seven day ultimatum Some Niger Delta indigene have urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to…

NUPRC Sets Up Teams to Oversee Oil Metering Audit, Advanced Cargo Programme
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NUPRC Sets Up Teams to Oversee Oil Metering Audit, Advanced Cargo Programme

NEWS BAR NGJuly 25, 2024July 25, 2024

Therefore, the project, Komolafe said, had been carefully scoped by the commission to establish reliable and comprehensible baseline data for…

FG, Oil Producers Agree on Viable Crude Supply Framework to Local Refineries
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FG, Oil Producers Agree on Viable Crude Supply Framework to Local Refineries

NEWS BAR NGJuly 12, 2024July 12, 2024

In a bid to resolve the lingering inability of oil producers to adequately supply local refineries crude feedstock, the Nigerian…

NUPRC Moves to Optimise Production of Nigeria’s 1.6bn Barrels Heavy Crude Reserves
News

NUPRC Moves to Optimise Production of Nigeria’s 1.6bn Barrels Heavy Crude Reserves

NEWS BAR NGJune 27, 2024June 27, 2024

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday met with industry operators and service providers on ways to harness Nigeria’s…

NUPRC Offers Additional 17 Deep Offshore Oil Assets for Sale, Extends Pre-qualification Deadline
BusinessNews

NUPRC Offers Additional 17 Deep Offshore Oil Assets for Sale, Extends Pre-qualification Deadline

NEWS BAR NGJune 19, 2024June 19, 2024

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday announced that with the acquisition of additional data on the oil assets…

For Reinvestment in Mobil, Shell, Agip, Equinor Oil Blocks, NUPRC Gives Two-week Ultimatum
News

For Reinvestment in Mobil, Shell, Agip, Equinor Oil Blocks, NUPRC Gives Two-week Ultimatum

NEWS BAR NGMay 4, 2024May 4, 2024

*Offers 10.9m barrels of oil, 90.7 Bcf of gas for sale In a bid to quickly advance the close-out of…

NUPRC Moves to Speed Up Approvals for Divesting IOCs, Raise Oil Production by 700,000bpd
News

NUPRC Moves to Speed Up Approvals for Divesting IOCs, Raise Oil Production by 700,000bpd

NEWS BAR NGMay 2, 2024May 2, 2024

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is moving to speed up the conclusion of regulatory oversight on the ongoing…

NUPRC Begins Fresh Oilfields Bid Round, Offers 17 Blocks for Sale
News

NUPRC Begins Fresh Oilfields Bid Round, Offers 17 Blocks for Sale

NEWS BAR NGApril 30, 2024April 30, 2024

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday announced that it had begun processes for the 2024 oil bid round…

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