The Nigerian Upstream Petroleum Commission (NUPRC) says it has granted a petroleum exploration licence (PEL) to TGS-PetroData Offshore Services Limited (TGS-PD). The commission, in a statement on Thursday, said the
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The Nigerian Gas Association (NGA) has called for an immediate and critical review of the Petroleum Industry Act (PIA) to address impediments hindering investment and ease of doing business. Akachukwu
Nigeria’s oil production increased to 1,346,562 barrels per day (bpd) in September 2023. The country’s drilling performance is contained in the latest crude oil and condensate production data of the
Gbenga Komolafe, chief executive officer (CEO) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says the agency is optimistic that the sale of assets by ExxonMobil to Seplat Energy will
Mele Kyari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, says Nigeria will become a
The federal government says it is not paying any form of subsidy on petroleum motor spirit (PMS), also known as
The Nigerian National Petroleum Company (NNPC) Limited says it has regained its status as the sole importer of petrol into
Oil marketers have cautioned the federal government against the reintroduction of the petrol subsidy regime. They made the call during
The Nigerian National Petroleum Company (NNPC) Limited has denied reports that contracts for the rehabilitation of pipelines across the country
The senate committee on finance has proposed the sale of government-owned moribund oil refineries, describing them as “bottomless pits”, despite