Nigeria’s upstream oil and gas regulator has marked its fourth anniversary with a bold scorecard of achievements, citing billions of dollars in new projects, a surge...
Nigeria’s oil and gas sector is witnessing a wave of fresh capital inflows, with reforms under the Petroleum Industry Act (PIA) unlocking $18.2 billion in investment...
The Federal Government has approved 37 new crude oil evacuation routes and increased the country’s oil rig count from eight in 2020 to 44, as part...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has announced that there will be another oil licensing bid round in 2025 Gbenga Komolafe, NUPRC Chief Executive, made...
The Federal Government on Wednesday, announced the completion of oil assets deals between the Nigerian Agip Oil Company (NAOC), Oando, and Equinor-Project Odinmim divestments. Engr. Gbenga...
Nigeria’s Federal Government, on Tuesday, announced the addition of 17 deep offshore oil blocks to the 2024 Licensing Round for oil fields in Nigeria. The government...
Nigeria’s Federal Government on Monday, announced the removal of the signature bonus requirement in bidding for oil blocks on offer, in a bid to attract fresh...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the commencement of the process for the 2024 oil bid round with 12 oil blocks on offer...
The Nigerian Upstream Petroleum and Regulatory Commission (NUPRC) says the Federal Government will revoke unused oil exploration leases that companies were granted but have not been...