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In a decisive move to enhance local refining capacity and reduce reliance on imported petroleum products, the Federal Government has banned the export of crude oil...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the winners of the 2022/2023 oil mini-bid round, with Sifax and Royalgate Consortium as well as Oceangate...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially commenced the commercial bid round for 24 oil blocks across the country. This licensing exercise, which was...
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has said the commission has been making efforts to address corruption in the...
The House of Representatives has issued a 96-hour deadline to the Chief Executive Officer of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Engineer Gbenga Komolafe, amid...
The Federal Government has marketed 12 oil blocks and five deep offshore assets up for sale to global oil sector investors. The Chief Executive of the...
The Federal Government has commenced the process for the 2024 oil bid round with 12 oil blocks on offer and seven deep offshore blocks from last...
The Nigerian Upstream Petroleum and Regulatory Commission has announced that the Federal Government intends to cancel oil exploration leases that were granted to companies but remain...
The Minister of State for Petroleum Resources, Timipre Sylva, and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have differed on the cause of crude oil losses...
The Federal Government has announced that the licensing round for seven deep offshore open oil blocs would be ending in April 2023. It was gathered that...
Former Governor of Anambra State, Peter Obi has been accused of paying millions of naira to the Labour Party (LP) leadership to emerge as the party’s...
Despite shortfalls in meeting targets on crude oil production for internal and external use, a total of N202.91 billion was earned by the Nigerian government in...
According to the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, the country’s oil reserve has increased a bit between a year to the present time. The commission...