NUPRC Opens 50 Oil, Gas Blocks for Bidding
The Nigerian Upstream Petroleum Regulatory Commission has opened 50 oil and gas blocks across five sedimentary basins for bidding and exploration in the 2025 licensing round, warning that only technically competent and financially strong firms will be...
FG Ends Signature Bonus Refunds Under Ongoing Oil Sector Reforms
The Federal Government has warned prospective investors in the 2025 oil licensing round that any errors, miscalculations, or disappointments arising from the bidding process will be borne entirely by the companies involved, stressing that there...
NUPRC, NMDPRA Meet to Strengthen Regulatory Efficiency in Oil Sector
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Regulatory Authority (NMDPRA) have taken remarkable steps toward enhancing regulatory efficiency and encouraging investments in Nigeria’s oil and gas sector.
The meeting, which...
Oil Regulators Renew Cooperation to Boost Investments
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have renewed efforts to enhance regulatory efficiency and foster investment in the country’s oil and gas sector, signalling a new era...
Tinubu Nominates New Boards for NUPRC, NMDPRA
President Bola Tinubu has nominated new boards for the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
In a statement, Bayo Onanuga, Special Adviser to the President on Information and Strategy,...
