Federal Government to Revoke Idle Oil Blocks as Nigeria Tightens Upstream Petroleum Oversight
The Federal Government is preparing to begin a mass revocation of idle oil blocks next week, according to the Nigerian...
Tag Archives: #NigeriaOilAndGas
Refiners Demand Commercially Viable Crude Pricing Framework
The Crude Oil Refinery Owners Association of Nigeria, CORAN, has called for an urgent and commercially viable pricing framework for...
NUPRC Plans Annual, Biannual Oil Licensing Rounds to Raise Production
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, is considering annual and biannual oil licensing rounds as part of efforts to...
Local Petrol Maintains N46 Price Advantage Over Imports
Locally refined petrol continues to maintain a price advantage over imported alternatives, with a new market report indicating that Dangote...
Nigeria Among Nine Countries Responsible for 83% of Global Gas Flaring in 2025 — World Bank Report
Nigeria has been identified as one of nine countries responsible for more than 83 per cent of global gas flaring...
Tinubu Approves Fiscal Incentive to Unlock $20bn Bonga Southwest Deepwater Oil Project
Bola Tinubu, President of Nigeria, has approved a fiscal incentive package aimed at unlocking the long-delayed Final Investment Decision (FID)...