Nigeria Launches 50 Oil Block Licensing Round Worth $10 Billion
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has launched the 2025 licensing round for 50 oil blocks, aiming to attract […]
NUPRC
Nigeria Oil Production Boosted by Reduced Signature Bonus
The Nigerian government has reduced the signature bonus for oil production from $100 million to $10 million, a move aimed
Nigeria Oil Theft Reports Dismissed by NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has refuted claims of oil theft totaling N8.41 trillion. According to the Commission,
Nigeria crude oil production drops 4.7 percent
Nigeria’s crude oil production experienced a decline in August, dropping to 1.63 million barrels per day, down from 1.71 million
Nigeria Oil Investment Surges with $18 Billion Projects
Nigeria is gaining prominence as a prime destination for upstream oil and gas investments globally, according to Engr Gbenga Komolafe,
Nigeria secures $400m in oil sector decommissioning liabilities
Nigeria’s oil and gas sector is taking proactive steps to mitigate the risks associated with divestment, drawing lessons from costly
Stakeholders Demand Transparency on Oil Revenue in Akwa Ibom
Communities and Civil Society Organisations Demand Transparency from Nigerian Upstream Petroleum Regulatory Commission A recent stakeholders’ dialogue in Uyo, Akwa
Nigeria’s Oil Production Fails to Meet Expectations
New Crisis Emerges as OPEC Reports Nigeria’s Oil Output Falls Short of Claimed 1.6million Barrels per Day Nigeria’s oil industry
Nigeria’s NUPRC Defends Approval of Oil Divestment Deals Amid Controversy
Nigerian Upstream Petroleum Regulatory Commission Clears Divestment Deals The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified that the approvals
Malta-Imported Substandard Petroleum Products: Sayyu Dantata, Aliko Dangote’s Half-Brother Exposed as One of the Importers
Substandard Petroleum Products: MRS Oil and Gas Confirms Importation from Malta A recent investigation has uncovered more information about the