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…
LAGOS: Nigeria has suspended gasoline import licences for a second month, supporting domestic refining under the Petroleum Industry Act (PIA). No licences were issued in February, and none have been…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) announced steps to accelerate gas distribution nationwide to support industrialisation and lower production costs, emphasising strict compliance and industry growth. Mr…
Lagos: The Minister of State for Petroleum Resources (Gas), Mr Ekperikpe Ekpo, has reaffirmed the Federal Government’s commitment to harnessing Nigeria’s vast gas resources with stakeholders. Ekpo said gas must…
Abuja: The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) stated that approximately 102 Host Community Development Trusts (HCDTs) have received N97 billion and $ 149 million as HCDT funds remitted by…
Abuja: The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) states that its gas-centric transition strategy aims to eliminate routine flaring by 2030 and reduce methane emissions by 60% by 2031. The…
Abuja: The Nigerian National Petroleum Company Limited (NNPC Ltd.) reports a 100 per cent availability of major crude oil pipelines in the country. The Group Chief Executive Officer of NNPC…