Nigeria — Nigerian Upstream Petroleum Regulatory Commission & NNPC
23 shared events · Importance 7 · Last updated Aug 21, 2026
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Regulatory
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: The NUPRC is the regulator overseeing the sector, projecting significant investment and approving field development plans. The framework enhances its ability to attract investment.
NNPC: NNPC is authorized to amend production sharing contracts, playing a key role in implementing the framework. The reform aligns with its strategy to boost production and attract investment.
Mar 09, 2018 · 80 articles
Domestic
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: NUPRC is implicated for not providing financial records to the Ministry, and is expected to appear before the committee to explain its role.
NNPC: NNPCL is the main subject of the audit queries, including the $3 billion loan and $722.6 million dividends. It is accused of not providing financial records, which could damage its reputation and raise governance concerns.
Aug 13, 2026 · 7 articles
Business
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: NUPRC announced the investment and awarded licences, facilitating regulatory approvals.
NNPC: NNPC is the state partner under the production-sharing contract for OML 138.
Jul 08, 2026 · 7 articles
Business
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: Regulator that organized and executed the licensing round, awarding 37 blocks and enforcing drill-or-drop policy.
NNPC: Raised crude oil prices by $7 per barrel, separate from licensing round.
Jul 20, 2026 · 28 articles
Regulatory
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: Regulator whose data triggered the dispute; faces criticism over DCSO implementation and transparency.
NNPC: State oil company; term contracts mentioned, but not directly involved in this dispute.
Aug 11, 2026 · 6 articles
Business
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: The commission is mentioned in relation to tax incentives for deep offshore projects, which are intended to boost investment and production.
NNPC: NNPC is TotalEnergies' partner in the Ubeta gas project, cited as a successful example of collaboration. Its role is central to Nigeria's oil and gas development.
Aug 19, 2026 · 8 articles
Regulatory
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: NUPRC reported Nigeria's crude oil production rose to 1.56 million bpd in June 2026, the highest since April 2020, reflecting improved security and reforms.
NNPC: NNPC is the state oil company and concessionaire, estimating the project will produce 150,000 bpd and attract $20 billion in investment, boosting Nigeria's production capacity.
Jul 14, 2026 · 6 articles
Regulatory
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: Nigeria — Nigerian Upstream Petroleum Regulatory Commission is the regulator responsible for approving the sale of the oil asset and verifying Vaaris's technical and financial expertise, but its focus on environmental remediation is questioned.
NNPC: NNPC holds a 55% stake in the Renaissance asset, making it a significant partner in the oil operations in Nigeria.
Jul 01, 2026 · 6 articles
Business
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: NUPRC's commission chief witnessed the signing, indicating regulatory oversight of the upstream aspects of the agreements.
NNPC: NNPC is the lead entity, signing all six agreements to advance its gas-based industrialisation agenda, enhancing its role as a key driver of Nigeria's energy security and economic transformation.
Jul 07, 2026 · 8 articles
Domestic
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: NUPRC is involved in investigating the seepage, reporting no pipelines in the immediate area, and is expected to provide briefings to the committee.
NNPC: NNPC was involved in preliminary investigations but has not been linked to the seepage source.
Aug 13, 2026 · 6 articles
Domestic
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: Collaborated with RMAFC on oil and gas production monitoring.
NNPC: Collaborated with RMAFC on revenue monitoring and oil production data.
Aug 15, 2026 · 6 articles
Domestic
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: Regulatory body present at the meeting, its role in upstream petroleum regulation affects fuel supply for power generation.
NNPC: Represented at the meeting, NNPC's involvement is crucial for gas supply to power plants, impacting electricity generation in Lagos.
Aug 20, 2026 · 14 articles
Domestic
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: The Nigeria — Nigerian Upstream Petroleum Regulatory Commission was commended by Bola Tinubu for its contribution to achieving the settlement, reinforcing its role in predictable regulation.
NNPC: NNPC was commended by Bola Tinubu for its contribution to achieving the settlement.
Mar 05, 2026 · 8 articles
Domestic
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: The Nigeria — Nigerian Upstream Petroleum Regulatory Commission is undergoing a leadership change with Oritsemeyiwa Eyesan taking over, aiming to reposition the upstream oil and gas sector and become a business enabler.
Dec 18, 2025 · 13 articles
Domestic
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: The Nigeria — Nigerian Upstream Petroleum Regulatory Commission is one of the two key petroleum regulatory agencies for which Bola Tinubu nominated 21 board members, aiming to enhance its governance and regulatory functions in Nigeria's oil and gas sector.
Jan 05, 2026 · 10 articles
Domestic
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: Nigeria — Nigerian Upstream Petroleum Regulatory Commission prepared the document detailing the debt cancellation and played a role in the reconciliation work between NNPC Limited and the Federation Account.
Dec 29, 2025 · 6 articles
Domestic
Nigeria — Nigerian Upstream Petroleum Regulatory Commission: The Nigeria — Nigerian Upstream Petroleum Regulatory Commission administers the Environmental Remediation Fund, which overlaps with the Midstream and Downstream Gas Infrastructure Fund, and will serve as the interface with licensees and lessees for integrated petroleum operations.
Feb 18, 2026 · 25 articles
Regulatory
Dec 08, 2025 · 7 articles
Domestic
NNPC: NNPC announced a significant increase in crude oil production due to improved pipeline security, restoring investor confidence in Nigeria's oil and gas sector.
Apr 08, 2026 · 7 articles
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