Nigeria’s oil production grows marginally by 4% to 1.28mbpd
Nigeria’s crude oil production in the month of April, 2024, rose marginally…
NUPRC invites investors to bid for 12 oil blocks, seven offshore assets
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has invited investors to bid for 12 oil…
Oil bloc: FG removes signature bonus to woo investors
In a bid to attract fresh investments and ramp up oil output,…
IOCs propose transfer of 26 oil blocks to local firms, says NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says international oil companies (IOCs)…
Compensate host communities for prompt approval of divestment – NUPRC tells IOCs
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says international oil companies (IOCs)…
FG launches new fiscal policies for oil, gas sector, targets $10bn investments
The federal government has launched new fiscal incentives to revitalise the oil…
We’re on the verge of approving ExxonMobil-Seplat deal, says FG
The federal government says it is on the verge of approving the…
Dangote, modular refineries to pay naira for crude
The Federal Government has eventually complied with the demands of domestic crude…
NUPRC demands oil producers meet local supply obligations before exporting
The Nigerian Upstream Regulatory Commission (NUPRC) has issued new rules requiring oil…
Audit report indicts NUPRC, Customs for non-remittance into federation account
A report by the Office of the Auditor-General of the Federation (OAuGF) has…