NUPRC |

NUPRC Launches 2025 Licensing Round To Boost Oil Production

Kingsley Chukwu4 days ago4 days ago02 mins

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the start of the 2025 Licensing Round, effective Dec. 1, 2025, following approval from President Bola Tinubu, who also serves as Minister of Petroleum Resources. NUPRC Chief Executive, Gbenga Komolafe, made the announcement at the Project One Million Barrels Per Day (1MMBOPD) Additional Production Investment Forum…

NUPRC: Nigeria Attracted $16bn Oil Sector Investment Commitments in Two Years

Nathaniel Chinemerem Chinemerem5 months ago08 mins

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that Nigeria attracted investment of as much as $16 billion in the two years spanning 2023 to 2025. The Commission Chief Executive (CCE), Gbenga Komolafe, stated this in an address themed: “Strategic Imperatives for Advancing Investments Through Upstream Petroleum Regulations“ at the Nigeria-China Sustainable Bilateral Business,…