The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says 25 oil bidders emerged at the 2024 oil licensing bid round. The Chief Executive of NUPRC, Mr Gbenga Komolafe, announced the winners at the licensing round commercial bid conference held in Lagos on Wednesday. The winners that emerged after a competitive bidding include Sifax and Royal Gate … Read more
Mr Gbenga Komolafe, Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says a new round of oil licensing bid will take place in 2025. Komolafe made the announcement as the commission approaches the conclusion of the ongoing 2024 Licensing Round Commercial Bid Conference in Lagos on Wednesday. He said that the commission … Read more
The House of Representatives has mandated the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) to provide details of all oil production, crude sales, and other activities in the upstream petroleum industry in the country. The joint sitting of the House Committee on Finance and the Committee on National Planning gave the directive at the … Read more