Nigerian Upstream Petroleum Regulatory Commission

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Monday, said the nation’s oil and gas reserves has risen to 37.50 billion barrels as at January 2024, as against 37.046 billion it announced in May 2022. …

Nigeria lost about N720 billion in revenue as a result of the consecutive monthly decline in its crude oil production in February and March 2024, The Punch reports. Also, the country’s…

The Senate has confirmed the nominations of four Executive Commissioners of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The confirmation of the nominees followed the consideration of a report by the Committee on…

The House of Representatives ad-hoc Committee on the recovery of outstanding N2.6 trillion debts owed the Federal Government by Oil and Gas companies has demanded evidence of taxes, royalties and levies paid by the companies. Hon.…

The Senate, on Tuesday, amended the Senate Standing Rules 2015, and approved a simple majority for the election of presiding officers. The upper chamber also retained a closed ballot system of voting for the election of the President of…

The Federal Government has shut down operations at Santa Barbara oilfields. The Federal Government’s action was contained in a statement issued, on Tuesday, by the Director, Press and Public Relations, Ministry of Environment, Saghir…