12 stories found
Nigeria's NUPRC has announced preliminary findings linking the gas bubbling incident in Rivers State's Bille Community to subsurface geological activity, as its urgent investigation continues.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has notified successful applicants to proceed to the next phase of the 2025 licensing round process.
Nigeria’s NUPRC now enforces a drill-or-drop rule under the Petroleum Industry Act, compelling operators to develop oil blocks or relinquish them. Read More:…
Nigeria's NUPRC has overseen the transfer of the OLO oilfield Host Community Development Trust, ensuring project continuity in line with the Petroleum Industry Act.
•As NUPRC shortlists investors for 50 oil blocks By Udeme Akpan, Energy Editor Nigeria’s oil output, including Condensate, has dropped month-on-month, MoM, by nine per cent to 1.483 million barrels per day, bpd in February 2026 from 1.627 million bpd in January 2026. The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, disclosed this yesterday in its report – […] The post Nigeria’s oil output drops 9% to 1.483m bpd appeared first on Vanguard News.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shortlisted firms for the 2025 Nigeria oil auction, moving the 50-block licensing round into the competitive bidding stage.
Nigeria's 2025 oil bid round is attracting strong investor interest, with new Petroleum Industry Act (PIA) rules like 'drill or drop' designed to boost development and prevent asset hoarding.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that registration and submission of applications for pre-qualification under the Nigeria 2025 Licensing Round will close at 4:30 p.m. on Friday, February 27, 2026. The post NUPRC closes 2025 Licensing Round Pre-Qualification Friday appeared first on Vanguard News.
Nigeria’s 2025 oil licensing round advances to the competitive bidding stage after the NUPRC completed its pre-qualification process for 50 oil blocks. Read More: https://punchng.com/nuprc-advances-2025-oil-licensing-round-to-bidding-stage/
The Nigerian Senate has cleared Magnus Abe for appointment as Chairman of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) board. Learn more. Read More: https://punchng.com/senate-clears-magnus-abe-as-nuprc-board-chair/
PREMIUM TIMES had reported that PSC invited seven AIGs for promotion interviews earlier on Friday morning. The post PSC approves promotion of seven AIGs to DIGs appeared first on Premium Times Nigeria.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Extractive Industries Transparency Initiative (NEITI) have reiterated their commitment to enhancing transparency and accountability in the ongoing 2025 oil licensing round. The post NUPRC, NEITI strengthen push for transparency in 2025 oil licensing round appeared first on Vanguard News.