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Petroleum Industry Act

  • Oil & Gas

    Shell Urges FG to Address Oil Theft, Illegal Refineries

    by Adedotun Oyeniyi November 21, 2024
    by Adedotun Oyeniyi November 21, 2024

    Shell urges FG to tackle oil theft and illegal refineries to protect resources, safeguard the environment, and enhance energy security

  • In the News

    Nigeria’s Oil Reserves Drop by 50 Billion Barrels in 14 Years

    by Adedotun Oyeniyi November 20, 2024
    by Adedotun Oyeniyi November 20, 2024

    Nigeria’s oil reserves declined by 50 billion barrels in 14 years due to reduced investment and exploration challenges, says NUPRC

  • Oil & Gas

    NUPRC to Capture 250 Million Cubic Feet of Gas Flares Daily

    by Adedotun Oyeniyi November 13, 2024
    by Adedotun Oyeniyi November 13, 2024

    NUPRC aims to capture 250 million cubic feet of flared gas daily, reducing emissions and supporting Nigeria’s energy security and sustainability goals

  • In the News

    NNPC, Chevron JV Targets 165,000 BPD with Assets Conversion Deal

    by Adenike Adeodun September 10, 2024
    by Adenike Adeodun September 10, 2024

    NNPC and Chevron have signed a deal to convert five JV assets to Petroleum Industry Act terms, aiming to boost oil production to 165,000 barrels per day by 2024.

  • In the News

    Dangote Refinery Urges NUPRC to Enforce Domestic Crude Supply Obligation

    by Ikeoluwa Juliana Ogungbangbe August 12, 2024
    by Ikeoluwa Juliana Ogungbangbe August 12, 2024

    Dangote Refinery calls on NUPRC to enforce the domestic crude supply obligation under the PIA to optimize operations.

  • AnalysisEnergy Transition

    NUPRC Unveils Game-Changing Regulation to Safeguard Billions

    by Oluwatosin Racheal Alabi February 19, 2024
    by Oluwatosin Racheal Alabi February 19, 2024

    NUPRC’s innovative measurement regulation is set to prevent revenue loss and enhance transparency in Nigeria’s petroleum sector, promising billions in savings.

  • Oil & Gas

    Dangote Refinery to Start Producing Petrol from Nigerian Crude Soon 

    by Motoni Olodun November 13, 2023
    by Motoni Olodun November 13, 2023

    Africa’s richest man, Aliko Dangote, has revealed that his refinery has obtained a licence to refine more than 300,000 barrels of Nigerian crude oil per day and will begin to …

  • In the News

    NNPC to Supply 6M Barrels to Dangote Refinery in December

    by Adenike Adeodun November 3, 2023
    by Adenike Adeodun November 3, 2023

    The NNPC will supply the Dangote refinery with six million barrels of crude in December. This move is for test runs, sources say. The NUPRC has pressed for adherence to …

  • Energy TransitionIn the News

    NUPRC: Supply Local Refineries Before Exporting

    by Adenike Adeodun November 2, 2023
    by Adenike Adeodun November 2, 2023

    The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has actively engaged crude oil producers to ensure steady feedstock for local refineries, including the soon-to-launch Dangote refinery. NUPRC’s Chief Executive, Mr. Gbenga …

  • Oil & Gas

    Federal Government Owes Gas Producers $1.3 Billion, Claims Oil Traders

    by Oluwatosin Racheal Alabi October 31, 2023
    by Oluwatosin Racheal Alabi October 31, 2023

    The Oil Producers Trade Section (OPTS), affiliated with the Lagos Chamber of Commerce and Industry, revealed Nigeria’s outstanding $1.3 billion debt to gas producers for supplied products. They urged the …

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