Discover how regulatory synergy and new leadership are key to repositioning Nigeria's petroleum sector for growth and ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), at the opening of 50 oil and gas blocks across five sedimentary basins for ...

(Alliance News) - Seplat Energy PLC on Tuesday announced the completed conversion of certain onshore assets to the Petroleum Industry Act fiscal regime. Also, Seplat announced on Monday that a ...

Resurgent global interest suggests that Nigeria’s oil industry may be emerging from a slump that had seen production drop to a two-decade low in 2022. Yet foreign firms are no longer the main players.

Nigeria is considering stripping its state oil company of its decisive role in managing existing oil contracts and transferring that authority to the upstream regulator, in what could be the most ...

ABUJA, Oct 2 (Reuters) - Nigeria has boosted daily crude oil output to between 1.7 million and 1.83 million barrels and the number of active drilling rigs from 31 in January to 50 by July, as reforms ...

A member of the House of Representatives, Zakaria Nyampa (PDP, Adamawa) has said that Nigeria’s petroleum industry faces between $15 billion and $20 billion decommissioning and abandonment compliance ...