The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has assured prospective investors of a transparent, merit-based and competitive process for Nigeria’s […]
Category: Oil and Gas
Shell lauds Tinubu for boosting Nigeria’s investment climate
The Chief Executive Officer of Shell Plc, Mr Wael Sawan, has commended President Bola Tinubu for restoring investor confidence and […]
Oil prices rise over Trump’s renewed attack on Iran
Oil prices rebounded on Friday, January 23, 2026, after United States President Donald Trump renewed threats against Iran, raising concerns […]
NMDPRA plans to accelerate gas distribution for industrialisation
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will enforce strict compliance while accelerating gas distribution to […]
President Tinubu approves incentives for Shell’s Bonga South-West project
President Bola Tinubu has approved the gazetting of targeted, investment-linked incentives to support Shell’s proposed Bonga South-West deep-offshore oil project. […]
Senegal revokes Arthur Eze’s Offshore Oil Licence
Senegalese authorities have revoked the offshore exploration rights held by Atlas Oranto Petroleum, a privately owned upstream oil and gas […]
ANOH project records first gas – Seplat Energy
Seplat Energy Plc, a Nigerian independent energy company, says the 300 MMcfd Assa North–Ohaji South (ANOH) gas project has achieved […]
Nigeria’s oil production declines by 8.3%
Nigeria’s crude oil production, including condensate, declined sharply by 8.3 per cent year-on-year to 1.544 million barrels per day in […]
BREAKING: NNPCL drops petrol price Again N815 per litre
The Nigerian National Petroleum Company Limited (NNPCL) has again reduced the pump price of Premium Motor Spirit (PMS), popularly called […]
NNPCL remits N12.12 trillion to FG in 10 months as profit climbs to N502 billion
The Nigerian National Petroleum Company Limited (NNPC Ltd) has remitted a total of N12.117 trillion in statutory payments to the […]