Nigeria earned about N2 trillion from the latest round (2020/2021), as each of the awardees paid a total of N48 billion for fees and bonuses to earn the licence.

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Santa Barbara oil spill: NUPRC to begin post assessment

fisherman - December 9, 2021 0

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed the successful stoppage of the Santa Barbara Oil spill at Nembe Creek in...

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What we are doing to tackle AITEO’s Nembe oil spills – NUPRC

fisherman - December 3, 2021 0

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reiterated its commitment to tackle oil spills in the Nigerian oil and gas sector...

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Our further response to SBAR oil spill- AITEO

energy times - November 22, 2021 0

Excerpts from Aiteo’s management statement on further response to oil leak in its Santa Barbara, Southwest field, in Nembe Local Government Area...

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The Ghana’s oil production set for decline in 2022

energy times - November 14, 2021 0

written by Kayode Ekundayo November 9, 2021 38 views 5 mins read The Ghana’s oil production is set to decline in 2022 as a...

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NUPRC keen on increasing Nigeria’s crude oil production

Kayode Ekundayo - October 27, 2021 0

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says its target is to increase Nigeria’s crude oil production from the current level of...

Upstream

NUPRC elevates 195 staff

energy times - June 14, 2021 0

written by Kayode Ekundayo November 2, 2021 74 views 5 mins read NUPRC elevates 195 staff: The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has promoted...

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OPEC+ ease production cuts return 2mb/d to the market

Kayode Ekundayo - June 1, 2021 0

OPEC and its non-OPEC partners agreed on Tuesday to gradually ease production cuts with return of 2 million barrels a day (mb/d)...

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Buhari restores ownership of OML 123, others to NNPC

Kayode Ekundayo - April 23, 2021 0

President Muhammadu Buhari has approved the restoration of the leases on OMLs 123, 124, 126 and 137 to the state-run Nigeria National...

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Total expects first oil from $500m Ikike field before December- Sangster

Kayode Ekundayo - February 14, 2021 0

The Managing Director, Total E&P, Mr. Mike Sangster, has said the company had made significant progress with the development of $500 million...

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Chevron denies oil spill at Funiwa field in Bayelsa

Kayode Ekundayo - January 18, 2021 0

Chevron Nigeria Limited, operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the NNPC/CNL JV), has denied...

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Elumelu’s firm completes acquisition of 30% stake in SPDC’s OML 17

fisherman - January 15, 2021 0

The Shell Petroleum Development Company of Nigeria Limited (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML)...

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