NUPRC Chief Executive discloses 2025 bid round attracted nearly 300 applicants competing for about 50 assets Nigeria is advancing an ambitious emissions reduction strategy anchored on eliminating gas flaring by 2030 and achieving net-zero emissions by 2060, according to…
Renaissance Hails NUPRC As Company’s Gas Production Hits 2.2bcf
L-R: CEO of Renaissance Africa, Tony Attah and CE, NUPRC, Oritsemeyiwa Eyesan Renaissance Africa Energy Company Nigeria Ltd has commended the regulatory reforms of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), praising the Commission for driving its recent production…
NUPRC Enforces Drill-or-Drop Rule For Oil Blocks
The Nigerian Upstream Petroleum Regulatory Commission has declared that the era of oil companies holding on to exploration licences for years without developing the assets is officially over, as new provisions under the Petroleum Industry Act compel operators to either…
NUPRC Calls for Global Investors, Unveils 50 Oil & Gas Blocks as Africa Eyes $50bn in 2025 Energy Investments
Africa is projected to attract up to $50 billion in global energy capital in 2025, with Nigeria positioning its upstream reforms to capture a significant share through its latest licensing round. Nigeria is calling on global investors to take…
NUPRC Sets Strict Criteria, Reassures Investors as Nigeria Offers 50 Oil and Gas Blocks in 2025 Licensing Round
NUPRC lowers entry barriers for bidders, expects higher performance 50 Blocks up for grabs Nigeria has formally opened 50 oil and gas blocks to investors under its 2025 Oil and Gas Licensing Round, with the Nigerian Upstream Petroleum Regulatory…
NUPRC’s New Chief, Eyesan Unveils Three-Pillar Reform Agenda to Reposition Nigeria’s Upstream Oil Sector
The sweeping reform agenda is aimed at restoring efficiency, predictability, and sustainable growth in Nigeria’s upstream petroleum sector – Oritsemeyiwa Eyesan. Promises Improved Efficiency, Collaboration Commences 90-day Approval Fast Track for quick-win opportunities Insists on Implementation of Decarbonisation Initiatives…
WIEN Hails Tinubu’s Appointment of Oritsemeyiwa Eyesan as NUPRC Chief Executive
The Women in Energy Network (WIEN) has welcomed President Bola Ahmed Tinubu’s appointment of Oritsemeyiwa Eyesan as Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), describing it as a landmark moment for inclusive leadership in Nigeria’s energy sector.…
