The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has identified 50 oil blocks that will be offered to interested investors during the 2025 petroleum licensing round. The Commission had earlier announced that the 2025 petroleum licensing round would take effect from December 1, 2025. It also clarified that the exercise, which is being conducted …
Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr Gbenga Komolafe, has expressed optimism that Nigeria’s oil production will soon experience an upsurge as the Emem Floating Production Storage and Offloading (FPSO), is set for its final voyage to Nigeria. Komolafe stated this on Tuesday during an inspection of the EMEM FPSO at …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has raised the alarm about fake social media accounts purportedly bearing the name and photo of the Commission’s Chief Executive, Engineer Gbenga Komolafe. In a statement released on Saturday, the NUPRC specifically declared that Engineer Komolafe has no account on X (formerly Twitter), Facebook, Instagram or TikTok …
Nigeria's crude oil and condensate production dropped to an average of 1.581 million barrels per day in September 2025. This was revealed in the oil production data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Saturday, October 11. According to a statement signed by Eniola Akinkuotu, head of Media and Strategic Communication, NUPRC, …
Tension gripped the headquarters of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in Abuja this morning as workers were locked out of the premises. As of 8:45 a.m., scores of employees were seen milling around outside the building after security personnel shut the main gates, barring both entry and exit. The reason for the closure …
The Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, has extended felicitations to the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, on the occasion of his 62nd birthday. In a congratulatory message issued on Friday through his Chief Press Secretary, Leke Olatunji Baiyewu, Abbas described Engr. …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stated that with steady progress made in combating the menace of crude oil theft, the country can now produce above two million barrels per day (bpd). The commission refuted a media report that said the country lost about N8.41 trillion worth of crude oil in four years …
Nigeria's oil and gas sector reforms have delivered 28 Field Development Plans with $18.2 billion worth of investment commitments in 2025 alone, says Engr. Gbenga Komolafe, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Komolafe said these commitments are also expected to unlock 1.4 billion barrels of oil and 5.4 trillion cubic feet (TCF) …
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has refuted recent allegations claiming that a company was improperly awarded oil blocks just days after its incorporation during the 2024 Oil Block Licensing Round. Komolafe in response to a report suggesting that the NUPRC had violated its guidelines by …
By Sunday Michael Ogwu Given the 575.5 million barrels produced throughout 2024, Nigeria’s oil industry could have generated an estimated $46.04 billion in revenue from crude oil sales in 2024. According to the most recent reconciled production data for the year by the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Nigeria, one of the top oil …
