Nigeria approves targeted, performance-based incentives for Shell’s Bonga South West offshore project. The government expects a…
Tag: Upstream Investment
Nigeria’s Oil Output Rises, Misses OPEC Target
Nigeria’s oil output continues to show a cautious recovery, although it still trails The Organization of…
Nigeria Cuts Signature Bonuses as 2025 Oil Bid Round Begins
Nigeria has cut the 2025 Licensing Round signature bonus to between $3 million and $7 million.…
TotalEnergies Laud NUPRC’s Reforms
TotalEnergies has praised the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its transparent conduct of the…
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…
FG Unveils Plans to Add 600,000bpd, Attract Global Energy Investors
The Federal Government of Nigeria, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has reaffirmed its…