NUPRC Enforces ‘Drill or Drop’ Rule to End Oil Block Hoarding
The Nigerian Upstream Petroleum Regulatory Commission(NUPRC) has declared an end to the long-standing practice of oil companies holding exploration licences ...
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Tag: #PetroleumIndustryAct
NUPRC Declares “Drill or Drop” Era for Oil Licences, Launches 2025 Licensing Round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the era of oil companies holding exploration licences for years ...
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NUPRC Urges Global Investors to Tap Nigeria’s 2025 Oil and Gas Licensing Round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on global investors to take advantage of opportunities in Nigeria’s 2025 ...
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FG Warns Oil Investors: No Refunds or Asset Swaps in 2025 Licensing Round
The Federal Government has warned prospective investors in the 2025 oil licensing round that it will not refund signature bonuses ...
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Tinubu’s petroleum regulator nominees pledge reforms to plug leakages, attract investment
President Bola Tinubu’s nominees for the leadership of Nigeria’s petroleum regulatory agencies on Thursday pledged sweeping reforms aimed at plugging ...
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NUPRC Clarifies Oil Block Status, Says No Abandonment of Assets
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has refuted claims that hundreds of oil blocks across the country have been ...
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FG Gazettes 21 New Oil and Gas Regulations to Attract Investment, Boost Accountability
The Federal Government has officially gazetted 21 new regulations for Nigeria’s oil and gas upstream sector in a bold effort ...
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