The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has praised the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, for what he …
GBENGA KOMOLAFE
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EconomyEnergyGOVERNMENTINVESTMENTOil & GasRegulation
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EconomyEnergyManufacturingOil & Gas
DICON, Oida Energy to Build Nigeria’s First Oilfield Shaped Charge Factory
The Defence Industries Corporation of Nigeria (DICON) has signed a Memorandum of Understanding (MoU) with Oida Energy Limited to set up Nigeria’s first oilfield shaped charge manufacturing facility. The deal, …
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BusinessEconomyEnergyGovernanceOil & Gas
Nigeria’s Crude Oil Output Falls Below OPEC Quota in August
Nigeria’s crude oil production fell again in August, reversing recent gains that had lifted the country above its OPEC quota for two consecutive months. The drop has raised fresh concerns …
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BusinessEconomyGovernanceOil & GasRegulationSafety
NUPRC Revokes Oritsemeyin Rig Licence Over Safety Breach
An oil and gas industry consultant, Dr. Maurice Ibe, has said the revocation of the operating licence of the Oritsemeyin Rig is a clear warning to upstream operators in Nigeria …
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BusinessEnergyGovernanceOil & GasPower & Energy,Sustainability
Lagos to Host 2025 NAEC Energy Conference on October 9
Ministers, regulators, and top industry leaders are set to gather in Lagos on October 9, 2025, for the Annual NAEC Energy Conference, an event that will bring together policymakers and …
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DevelopmentEconomyEnergyGOVERNMENTOil & Gas
NUPRC Targets 810,000 Barrels Daily from Deep Offshore Oil Reserves
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has intensified efforts to boost the country’s crude oil production, with a renewed focus on unlocking 810,000 barrels per day (bpd) from Nigeria’s …
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BusinessEconomyEnergyGOVERNMENTNigeriaOil & Gas
Nigeria’s Crude Oil Rigs Rise to 46 as NUPRC Pushes for Higher Production
The number of crude oil drilling rigs operating in Nigeria rose to 46 this week, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). This marks a steady increase from …
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DevelopmentEconomyEnergyEnvironmentGOVERNMENTNigeriaOil & GasPolicies
NUPRC Generates N28.11bn from Oil Licence Fees in Five Months
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has generated a total of N28.11 billion in miscellaneous oil revenue between January and May 2025. This amount, which was fully remitted to …
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BusinessEconomyEnergyGOVERNMENTOil & GasPolitics
Oil Companies Oppose Govt’s Order to Supply Dangote, Local Refineries
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that many oil companies in Nigeria opposed the Federal Government’s directive to supply crude oil to local refineries, including the Dangote …
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BusinessEconomyEnergyGOVERNMENTINVESTMENTOil & Gas
NOG Energy Week 2025 to Host Top African Oil and Gas Leaders in Abuja
Some of the biggest names in Africa’s oil and gas industry are preparing to attend the 24th edition of NOG Energy Week, which will take place from June 29 to …