With the commercial bid conference for the 2025 Licensing Round, a major step in the allocation of 50 oil and gas blocks to qualified investors, billed...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has advised the newly awarded holders of Petroleum Prospecting Licences (PPLs) to focus on developing their assets as quickly...
Asharami Energy Limited (AEL), Sahara’s upstream Exploration and Production business, through its subsidiary, Enageed Resources Limited (ERL), has achieved 6 million Lost Time Injury (LTI)-free man-hours...
The Federal Government has approved a special production-linked tax credit for Shell Plc’s Bonga Southwest Aparo deepwater oil project in a fresh move aimed at unlocking...
As part of a strategy to draw more fresh investments into Nigeria’s upstream sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has presented Petroleum Prospecting Licences...
Chevron Nigeria Limited (CNL), in collaboration with Nigerian National Petroleum Company Limited’s subsidiary – NNPC Gas Infrastructure Company Limited (NGIC), has concluded a Network Entry Agreement...
Independent petroleum marketers on Monday pushed for the restoration of importation rights and projected that the pump price of Premium Motor Spirit, popularly called petrol, could...
In a move showing sustained activity in her upstream petroleum sector despite a moderation in permit volumes compared to the previous quarter, the Nigerian government issued...
Stakeholders have urged the Federal Government to initiate a new competitive bidding process for the planned sale of a 40 per cent interest in the Amukpe–Escravos...
The monitoring of upstream operations in Nigeria is in for radical transformation because the Heirs Energies OML 17 Joint Venture has collaborated with Redtech to unveil...