Oilfield – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Wed, 28 Jan 2026 15:29:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Oilfield – InfoStride News https://www.theinfostride.com 32 32 FG Commences Oilfield Verification Exercise in Niger Delta to Boost Transparency and Production https://www.theinfostride.com/fg-commences-oilfield-verification-exercise-in-niger-delta-to-boost-transparency-and-production/ https://www.theinfostride.com/fg-commences-oilfield-verification-exercise-in-niger-delta-to-boost-transparency-and-production/#respond Wed, 28 Jan 2026 15:00:21 +0000 https://www.theinfostride.com/?p=467116 The Federal Government has begun a comprehensive oilfield verification exercise across the Niger Delta, a major initiative that seeks to enhance transparency, strengthen production efficiency, and boost revenue generation from Nigeria’s petroleum resources. The move, spearheaded by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), comes at a critical period when Nigeria is intensifying reforms in [...]

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]]> https://www.theinfostride.com/fg-commences-oilfield-verification-exercise-in-niger-delta-to-boost-transparency-and-production/feed/ 0 NUPRC Secures $400m to Cover Oilfield Cleanup and Asset Transfer Liabilities https://www.theinfostride.com/nuprc-secures-400m-to-cover-oilfield-cleanup-and-asset-transfer-liabilities/ https://www.theinfostride.com/nuprc-secures-400m-to-cover-oilfield-cleanup-and-asset-transfer-liabilities/#respond Thu, 11 Sep 2025 09:16:32 +0000 https://www.theinfostride.com/?p=466422 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that it has secured more than $400 million in decommissioning and abandonment liabilities ahead of major oil and gas divestment transactions. The funds, lodged through escrow accounts and letters of credit, represent a significant regulatory milestone designed to ensure that oil companies meet their obligations to [...]

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