nuprc
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Nigeria NUPRC Addresses Concerns Over Oando Acquisition
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed that the Oando-NAOC divestment followed the Petroleum Industry Act. NUPRC addressed concerns regarding transparency, emphasizing that both the Oando acquisition and the Equinor-Chappal transaction complied with established...- Nigeria News
- Article
- 2 min read
- divestment deal naoc nuprc oando oil and gas petroleum industry act
- Category: Business
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Nigeria Dangote Refinery Counters NUPRC: We’ve Only Received One Crude Cargo
Dangote Refinery disputes NUPRC's claim of allocating 26 million barrels of crude, stating it has only received one cargo. The refinery urges NUPRC to allow direct crude purchases from Nigerian producers as per the Petroleum Industry Act, highlighting ongoing challenges in Nigeria's oil and gas...- Nigeria News
- Article
- 1 min read
- dangote refinery nuprc pia
- Category: Business
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Nigeria Dangote Urges NUPRC to Enforce PIA, Criticizes Reliance on International Middlemen
Dangote Petroleum Refinery urges NUPRC to enforce the Petroleum Industry Act's domestic crude supply obligation, allowing direct purchases from Nigerian producers. The refinery's management highlights the financial burden of buying crude from international traders and calls for the enforcement...- Nigeria News
- Article
- 1 min read
- dangote refinery nuprc petroleum industry act
- Category: Business
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Nigeria NUPRC Joins FAAN and CBN, Plans to Relocate Departments from Abuja to Lagos for Streamlined Operations
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a significant shift in its operational base, planning to relocate certain units from Abuja to Lagos. This decision mirrors recent moves by the Central Bank of Nigeria (CBN) and the Federal Airports Authority of Nigeria...- Nigeria News
- Article
- 1 min read
- cbn faan faan and cbn relocation nuprc
- Category: Metro
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