Farouk Ahmed, Komolafe Step Down as Tinubu Seeks Senate Approval for New NMDPRA, NUPRC CEOs’

Oritsemeyiwa Amanorisewo Eyesan nominated as Chief Executive of the NUPRC Engineer Saidu Aliyu Mohammed listed as Chief Executive of the NMDPRA   Nigeria’s petroleum regulatory landscape is set for another leadership transition following the resignation of Engineer Farouk Ahmed, Chief…

FG Nets Over $400 Million from 2024 Oil Sector Divestments — NUPRC

The Federal Government has secured more than $400 million in pre-sale decommissioning and abandonment liabilities from divestments in Nigeria’s upstream oil and gas sector in 2024, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced. NUPRC Chief Executive, Gbenga Komolafe,…

SPENAICE 2025: Nigeria’s Upstream Regulator Charts Path to Energy Security, Sustainable Growth

Engr Gbenga Komolafe, the Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) reaffirmed NUPRC’s dedication to stability, growth, and sustainability in Nigeria’s upstream industry, while pledging continued support for collaborative efforts to secure the nation’s energy…

NUPRC Refutes Claims of Irregularities in 2024 Oil Block Licensing Round, Reaffirms Compliance with PIA

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has firmly dismissed recent allegations of irregularities in the 2024 oil block licensing round, affirming that the process adhered strictly to the Petroleum Industry Act (PIA) 2021 and established licensing guidelines. In a…

Nigeria’s Crude Oil Reserves Hit 37.28 Billion Barrels, Gas Reserves Rise to 210.54 Tcf — NUPRC

Nigeria’s crude oil reserves have been officially pegged at 37.28 billion barrels while its gas reserves climbed to 210.54 trillion cubic feet (tcf), according to Engr. Gbenga Komolafe, the Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).…

NUPRC Pushes for 250M Cubic Feet Gas Flare Capture to Slash Emissions, Sets 2 Million BPD Goal for Energy Security

“Nigeria’s Crude Output Now At 1.8 Million Bpd” – Komolafe Engr. Gbenga Komolafe, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has called for a collaborative approach to tackling Nigeria’s energy trilemma—balancing energy security, affordability, and sustainability. Speaking…

“Komolafe Denies N32bn Revenue Leakage, Highlights NUPRC’s Transparency and Investor Confidence”

Engr. Gbenga Komolafe, the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has firmly refuted allegations of a N32 billion revenue leakage within the commission. Testifying before the House of Representatives Public Accounts Committee, Komolafe clarified that NUPRC…

NUPRC CCE, Komolafe wins Champion Newspapers’ Most Outstanding Regulator Award

….Commission is Ever Committed to excellent oversight of Nigeria’s oil, gas sector. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Commission’s Chief Executive, Engr. Gbenga Komolafe has won the Champion Newspapers’ Most Outstanding Regulator of the Year Award. Komolafe was conferred…

OTC 2024: Nigerian Government pledges conducive investment environment for investors

… As Minister applauds PETAN for providing platform for Nigerian companies to showcase their businesses to the world The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Commission Chief Executive,…

PETAN deepens collaboration with NUPRC; pledges to boost Nigeria’s oil production

The Petroleum Technology Association of Nigeria (PETAN) has assured the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and all stakeholders in the oil and gas sector that its members with decades of experience in the industry, have all the equipment required…

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