The Nigerian Upstream Petroleum Regulatory Commission has initiated the bidding process for 12 oil blocks recently made available for sale,…
Browsing: Oil
The federal government through the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has introduced new regulations requiring its oil producers to…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said on Monday that the country’s oil and gas reserves stood at 37.50…
The number of functional oil drilling rigs across the country increased marginally to 16 in February, data from the latest March…
The outgoing French Ambassador suggests that Nigeria’s difficulties in meeting its oil contracts have been a contributing factor to the…
As we look ahead to 2024, several key trends and factors are likely to shape the landscape of the oil…
InfoStride News reported on December 5 that the Nigerian National Petroleum Company Limited (NNPCL) is set to change its crude…
Africa’s most populous country is poised for a showdown with OPEC+ and its allies, as the largest oil producer on…
Infostride News reports that the International Energy Agency (IEA) has unveiled optimistic projections for the global oil market, anticipating a…
Infostride News sheds light on the impact of the Russia-Ukraine conflict on Nigeria’s crude oil inflow in the international market,…
Saudi Arabia and Russia have come together to announce their commitment to extending oil production cuts until the end of…
InfoStride News has reported that SERAP has initiated legal proceedings against President Bola Tinubu, seeking a comprehensive investigation into the…
In the second quarter of 2023, the Nigerian oil and gas industry experienced a significant setback, marking an unprecedented occurrence…
Senator Heineken Lokpobiri, the Minister of State for Petroleum Resources in Nigeria, recently highlighted the immense potential of Africa’s estimated…
McKinsey and Company, a renowned global management consulting firm, has recently released its October 2023 Global Energy Perspectives report, which…
In the first half of 2023, the nine oil-producing states in Nigeria experienced a significant boost in their finances, thanks…
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has achieved a significant milestone by granting its first…
The Lagos Chamber of Commerce and Industry (LCCI) has stated that Nigeria is the only major oil exporter that hasn’t…
The Nigerian Content Development and Monitoring Board (NCDMB) has developed a guideline that guarantees the allocation of 60 per cent…
As Nigeria struggles with the challenges of energy crisis, alongside oil theft and global transition agenda, the Society of Petroleum…