The Independent Petroleum Marketers Association of Nigeria (IPMAN) has appealed to the Nigerian National Petroleum Company Limited (NNPC Ltd) to settle outstanding petroleum equalisation funds and clear pending product loading …
The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Nigerian National Petroleum Company Ltd (NNPC Ltd) have agreed to establish a technical committee aimed at enhancing governance in Nigeria’s extractive …
President Bola Ahmed Tinubu has set an ambitious goal for Nigeria’s economy, announcing on Wednesday that his administration is targeting 7% annual economic growth by 2027. He said this would …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that 220 oil blocks across Nigeria are not abandoned but are waiting for new concessionaires to take over through proper licensing …
The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has called on Engineering, Procurement, and Construction (EPC) companies that exited Nigeria in recent years to return, as the country pushes for …
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called for stronger compliance with oil and gas sector regulations, especially in midstream and downstream operations. This call was made …
The Deputy Speaker of the House of Representatives, Benjamin Kalu, has said that Nigeria’s petroleum sector has attracted about $16 billion in investment since the signing of the Petroleum Industry …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has generated a total of N28.11 billion in miscellaneous oil revenue between January and May 2025. This amount, which was fully remitted to …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that many oil companies in Nigeria opposed the Federal Government’s directive to supply crude oil to local refineries, including the Dangote …
The Nigerian oil and gas industry is battling serious investment and operational setbacks caused by excessive bureaucracy and a complex regulatory framework, according to Neconde Energy Limited, one of the …