Oracle Intelligence

Online newspaper platform

NUPRC

Komolafe bags SERVICOM award for outstanding leadership

The Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has received the SERVICOM Outstanding Leadership Award. The award was presented to the Commission’s boss during the 2025 NUPRC Customer Service Week celebration held…

NUPRC declares N373 bn for HCDTs, 536 Host Community projects

Sopuruchi Onwuka Government’s intervention in development of petroleum industry host communities have continued to generate greater dividends for the people as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) declares that the Host Community Development Trusts (HCDT) managing industry intervention in…

NUPRC woos investors ahead of licensing round

Players stake $18.2 bn to produce 600kbd Sopuruchi Onwuka Nigerian is pushing determined programmes to aggressively rebuild oil and gas production capacity from an industry that suffered acute investment drought and consequent plunge in production volumes in the past decade….

Nigeria pumps 47.43 mbd of oil in September

Output impacted by PENGASSAN-Dangote spar Sopuruchi Onwuka Production of petroleum liquids from Nigeria’s oilfields totalled significant 47.43 million barrels in the month of September, indicating a slight drop from the August volumes. Official production data released by the Nigerian Upstream…

NUPRC restates commitment to stable operating environment

As Eni posts 20% output growth at Abo Sopuruchi Onwuka Nigeria’s upstream petroleum industry regulator and administrator of oil licenses, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has restated its commitment to providing stable operating environment for commercial players in…

Integrated field development should include gas fractionation plants

Sopuruchi Onwuka Players seeking to optimize resource value from stranded oilfields must not only adopt integrated field development model for onsite crude oil processing, but also include gas-to-liquid plants in order to curb flares and capture marginal values from associated…

PIA: NUPRC counts over $4.9bn investments in 25 NAG FDPs

Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has declared that it is working to unlock over 55 trillion cubic feet of uncommitted gas reserves and attract billions of dollars in new investments into the country’s gas industry. The…

NUPRC’s 4-year scorecard indicates significant industry growth

Surpassed targets by over 84% Approved 79 FDPs with $39.98 bn investment profile Rig count jumps by 762.5% HCDTF mops up N358.67 bn Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has declared that the Nigerian petroleum industry in…

Komolafe reveals new strategy to curb oil theft

Sopuruchi Onwuka The Commission Chief Executive (CCE) of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Engr Gbenga Komolafe, has declared that the successes recorded in combating crude oil losses in the country was the result of presidential  directive on agencies…

Dangote’s crisis with PENGASSAN deepens as NUPRC urges rapid resolution

Sopuruchi Onwuka The lingering confrontation between Dangote Refinery and senior oil industry union, Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) may lead to industrial action, even though the company has indicated that it is prepared to run…