Nigeria has cut the 2025 Licensing Round signature bonus to between $3 million and $7 million.…
Tag: NUPRC
NUPRC Launches 50-Block Bid Round to Revitalise Exploration
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has launched the 2025 Petroleum…
Chevron Confirms 2025 Licensing Round Plans
Chevron Nigeria has praised the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) as a key enabler of…
IEA Hails Nigeria’s Upstream Reforms
The International Energy Agency (IEA) has praised the continuing reforms in Nigeria’s upstream petroleum sector. At…
TotalEnergies Laud NUPRC’s Reforms
TotalEnergies has praised the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its transparent conduct of the…
TotalEnergies Eyes New Oil Blocks as Nigeria Opens 2025 Bid Round
French major TotalEnergies has renewed its interest in the upcoming 2025 licensing round, reinforcing confidence in…
TotalEnergies Eyes Nigeria’s 2025 Oil Blocks
After securing two oil and gas blocks in the 2024 mini-bid round, TotalEnergies has again shown…
Nigeria Misses OPEC Oil Target for Third Consecutive Month
Nigeria has again missed its crude oil target set by the Organisation of Petroleum Exporting Countries…
Activists Reject Costly Oil Decommissioning Bill
Energy activists are speaking out against the proposed National Commission for the Decommissioning of Oil and…
Komolafe Engages Bank of America to Boost Funding for Nigeria’s Oil Production
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe held a…