Oil Regulators Renew Cooperation to Boost Investments   The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have renewed efforts to enhance regulatory efficiency and foster investment in the country’s oil and gas sector, signalling a new era...

Tinubu Nominates New Boards for NUPRC, NMDPRA President Bola Tinubu has nominated new boards for the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). In a statement, Bayo Onanuga, Special Adviser to the President on Information and Strategy,...

The newly appointed Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, has assumed office.

As the 2025 licensing round gets underway, the Federal Government has reduced the signature bonus from $10m to $3m and $7m.

The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has unveiled an ambitious plan to attract $10bn in new investments and unlock up to two billion barrels of crude oil reserves through the newly commenced Nigeria 2025 Petroleum Licensing Round.

The Commission Chief Executive, Gbenga Komolafe, an engineer, who made this disclosure in a statement by the Commission’s Head of media.