NUPRC: Era of Dormant Oil Licences Over
PIA’s Drill-or-Drop Rule Ends Two Decades of Licence Squatting, Opens Door to Annual Bid Rounds Abuja: The Nigerian Upstream Petroleum Regulatory Commission has declared an end to the era of…
PIA’s Drill-or-Drop Rule Ends Two Decades of Licence Squatting, Opens Door to Annual Bid Rounds Abuja: The Nigerian Upstream Petroleum Regulatory Commission has declared an end to the era of…
Abuja: President Bola Tinubu has appointed Fola Adeola, co-founder of Guaranty Trust Bank, to chair a new Presidential Petroleum Reform and Value Optimisation Task Force tasked with unlocking up to…
Abuja: Some Oil and Gas marketers have called on President Bola Tinubu to urgently resolve the ongoing trade war in the downstream petroleum sector to avert further issues, especially in…
Nigeria’s petroleum regulatory sector has been thrown into upheaval following the resignation of Farouk Ahmed, Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and Gbenga Komolafe,…
Lagos, Nigeria: In a bold reform move, Nigeria’s Federal Government has cut oil block signature bonuses from $100 million to $10 million, aiming to reignite upstream investment and boost production.…