NUPRC Boss identifies inconsistent regulations as bane of the oil and gas

The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, has emphasized the need for consistent and harmonized regulatory policies as a critical tool for attracting investments into the petroleum industry. According to Eyesan, investors are not deterred by African geology, but by inconsistent rules. Eyesan who was represented by Edu…

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Supreme Court strikes out N1.4bn award against Mobil, ends 29-year-old legal battle

The Supreme Court held that the Federal High Court lacked jurisdiction to entertain claims arising from land disputes.. The Supreme Court on Thursday brought to a close a 29 years long dispute by dismissing an appeal challenging the decision of the Court of Appeal, Calabar Division, on a jurisdictional issue and nullifying a N1.4 billion…

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Nigeria launches second phase of Gas Master Plan, targeting 10bcf/day production

The Nigerian National Petroleum Company Limited has unveiled its Gas Master Plan 2026, targeting 10 billion cubic feet of daily gas production to drive industrialisation and strengthen Nigeria’s energy security. The plan was launched on Friday at the NNPC Towers in Abuja, according to a statement issued by the company’s Chief Corporate Communications Officer, Andy…

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Court Recalls NMDPRA workers suspended by PENGASSAN

The National Industrial Court of Nigeria (NICN) in Abuja has overturned the suspension of some staff members of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). The court also ordered the dissolution of the caretaker committee constituted by the Central Working Committee…

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NUPRC Prioritises Technical, Financial Capacity in Licensing Round Guidelines

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has provided further clarification for the ongoingi licensing round, especially for bidders interested in the 50 oil and gas blocks on offer. According to the Commission’s Chief Executive, Mrs. Oritsemeyiwa Eyesan, only applicants with strong technical and financial credentials will proceed to the critical stage of the bidding…

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NNPCL affirms oil output boom over pipeline securityNNPCL

The Nigeria National Petroleum Corporation Limited (NNPCL) has affirmed that the collaboration between host communities of the Trans Niger Pipeline (TNP) and Pipeline Infrastructure Nigeria Limited (PINL) has led to Increasing oil production and contributing to greater revenue for the country. The Head, Field Operations, Eastern Corridor, Project Monitoring Office, Akponime Omojevwhe, (PMO NNPCL), made…

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