Nigerian Upstream Petroleum Regulatory Commission

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Senate probes alleged illegal oil field re-allocation by NUPRC

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Tinubu appoints three new Executive Commissioners for NUPRC By Cross Udo, Abuja President Bola Tinubu has approved the appointment of three new Executive Commissioners to serve in the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the redeployment of one current Executive Commissioner, pending their confirmation by the Nigerian Senate. The appointment was made public via a statement issued by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale in Abuja last night. According to the statement, Mr Bashir Indabawa, representing North-West is the Executive Commissioner of Exploration and Acreage Management, Dr Kelechi Ofoegbu, representing South-East is the Executive Commissioner of Corporate Services and Administration (Redeployed), Mr Enorense Amadasu, representing South-South, is the Executive Commissioner, Development and Production and Mr Babajide Fasina, representing South-West as the Executive Commissioner, Economic Regulation and Strategic Planning. According to the statement, "The President approves this reshuffling and replacement based on his deeply informed assessment of all factors concerning the sector to establish a regulatory framework and culture that comprehensively dis-incentivises errant behaviour and incentivises diligence and rules-based business practice across the industry."

By Nathaniel Zaccheaus The Senate Committee on Ethics , Privileges and Public Petitions , has mandated the Nigerian Upstream Petroleum…

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Revenue diminishes by N371bn in August, lowest in three months

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NSE

Nigeria’s revenue dropped by N371 billion to N885.5 billion in August 2022, the lowest in three months. In the last…

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Buhari retracts, supports regulator’s rejection of Seplat’s purchase of ExxonMobil asset

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Buhari

President Muhammadu Buhari has reversed his authorisation of Seplat Energy’s takeover of ExxonMobil’s shallow water business in Nigeria, throwing his…

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Senate confirms Buhari’s nominees as NUPRC Commissioners

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Tinubu appoints three new Executive Commissioners for NUPRC By Cross Udo, Abuja President Bola Tinubu has approved the appointment of three new Executive Commissioners to serve in the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the redeployment of one current Executive Commissioner, pending their confirmation by the Nigerian Senate. The appointment was made public via a statement issued by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale in Abuja last night. According to the statement, Mr Bashir Indabawa, representing North-West is the Executive Commissioner of Exploration and Acreage Management, Dr Kelechi Ofoegbu, representing South-East is the Executive Commissioner of Corporate Services and Administration (Redeployed), Mr Enorense Amadasu, representing South-South, is the Executive Commissioner, Development and Production and Mr Babajide Fasina, representing South-West as the Executive Commissioner, Economic Regulation and Strategic Planning. According to the statement, "The President approves this reshuffling and replacement based on his deeply informed assessment of all factors concerning the sector to establish a regulatory framework and culture that comprehensively dis-incentivises errant behaviour and incentivises diligence and rules-based business practice across the industry."

The Senate has confirmed President Muhammadu Buhari’s four nominees as Executive Commissioners of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).…

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Marginal oilfields: NUPRC withdraws offers over signature payment failure

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Oilfields

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has withdrawn the offer letters issued to awardees in the 2020 Marginal Field…

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NUPRC boss seeks strategies for sustainability of Nigerian content in oil, gas sector

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Oil Rise

Mr. Gbenga Komolafe, Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has called for the development of strategies for…

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NUPRC lists action plans for Santa Barbara oil spill in Balyesa

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Oil thieves

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Tuesday outlined action plans to deal with the recent oil spill in…

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Upstream petroleum commission seeks support of Armed Forces to tackle Crude oil theft

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OPEC oil NSCDC

By Dennis Mernyi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is seeking collaborative efforts with Nigeria’s armed forces to tackle…

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