CSOs Demand Halt to IOC Divestment in Niger Delta A coalition of local and international CSOs urged President Bola Tinubu to pause all divestment plans by International Oil Corporations (IOCs) in the Niger Delta. They insisted that Shell, Total, ENI, and other IOCs address environmental and social issues tied to their operations before exiting. The … Read more
The House of Representatives has directed the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) to provide detailed records on oil production, crude sales, and other upstream petroleum operations in the country. This mandate was issued during a joint session of the House Committee on Finance and the Committee on National Planning, held in Abuja on Friday … Read more
A mild drama unfolded in the House of Representatives on Monday as Gboyega Oyetola, the Minister of Blue and Marine Economy, claimed that a multi-billion-dollar cargo tracking agreement involving the federal government and the International Cargo Tracking Notes (ICTN) was flawed. Oyetola made this assertion while being questioned by a House investigative panel examining the … Read more
Dangote Refinery has stated that it has not yet received the 29 million barrels of crude oil that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) claimed to have allocated to the refinery. EKO HOT BLOG reports that the company expressed its desire for Nigerian refineries to be allowed to purchase crude oil directly from local … Read more
Reps Probe Alleged Collusion Against Dangote Refinery Over Crude Oil Supply Withholding House of Representatives is investigating claims of crude oil supply obstruction to Dangote Refinery by NUPRC and IOCs. EKO HOT BLOG reports that the House of Representatives has initiated an investigation into claims that the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) and International Oil … Read more
Eko Hot Blog reports that in a bid to empower host communities and ensure smoother implementation of the Petroleum Industry Act (PIA), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has launched the Host Community Development and Administration Trust Board of Trustees (BOT) Forum. Editor’s pick: Tinubu Storms Abia, Set To Commission Governor Otti’s Projects El-Rufai’s … Read more
Eko Hot Blog reports that President Bola Tinubu has approved the appointment of three new Executive Commissioners to serve in the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The president’s spokesperson, Ajuri Ngelale, made the disclosure in a statement on Tuesday evening. He also disclosed that Tinubu had approved the redeployment of one current Executive Commissioner, … Read more