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Industry
NUPRC Approves Field Dev Plans Valued At $20bn
... Vows To Upscale Crude Production
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has in the past 10 months given approval to major field development plan valued at about $20 billion.
The!-->!-->!-->!-->!-->!-->!-->…
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Ghana Unveils Comprehensive Framework to Regulate Virtual Assets
Ghana Crypto Regulation
Ghana has introduced a national policy framework to regulate cryptocurrencies and virtual asset service providers, marking a significant shift from its previous cautionary stance toward formal oversight of the!-->!-->!-->…
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Lokpobiri commends firm on Local Content capacity building
*Senator Heineken Lokpobiri at a stakeholder event held at the Nigerian Content Development and Monitoring Board (NCDMB) Headquarters in Yenagoa
The Minister of State for Petroleum Resources, Oil, Senator Heineken Lokpobiri, has renewed!-->!-->!-->…
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Stakeholders Upbeat As NUPRC Prepares for Oil Blocks’ Allocation
Gbenga Komolafe, CCE of NUPRC
There are high expectations in the upstream sector of the oil and gas industry as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced the commencement of the 2025 Licensing Round!-->!-->!-->…
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NNPC unveils 3D printing lab to boost local manufacturing, cut import
*The 3D printing lab
The Nigerian National Petroleum Company Limited, NNPC Ltd, has taken a major leap in indigenous technology development with the commissioning of 3D printing infrastructure and a Digital Fabrication Laboratory,!-->!-->!-->…
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NUPRC sets December 1 for 2025 Licensing Round
… Moves to Tackle Funding Gaps in Upstream Sector
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has announced that the 2025 Licensing Round will officially commence on December 1, 2025, marking a major push to unlock!-->!-->!-->!-->!-->…
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Dangote Refinery Attributes Recent Fuel Price Drop To Own Price Reduction
Dangote Petroleum Refinery clarifies that the recent reduction in PMS pump prices by oil marketers was a direct response to our price cut on November 6.
“It was not caused by the temporary reversal of the 15% import tariff.
“We!-->!-->!-->!-->!-->!-->!-->…
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Gas: AGPC launches two 100,000-barrel condensate tanks
ANOH Gas Processing Company Limited (AGPC) has commissioned two 100,000-barrel condensate buffer tanks at its state-of-the-art gas processing facility in Assa North, Ohaji South Local Government Area of Imo State.
The milestone!-->!-->!-->!-->!-->…
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Nigeria Launches First Indigenous Crude Oil Terminal
Nigeria’s finally getting its own crude oil export terminal, and it’s about time! Located in Otakikpo, Rivers State, this terminal is set to change the game in the oil and gas sector. For years, we’ve been relying on foreign-built!-->!-->!-->…
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Nigeria Lists $70m Real Estate Investment Fund On NGX
Nigeria has listed the commercial tranche of the ₦100 billion ($70 million) MOFI Real Estate Investment Fund (Series 2) on the Nigerian Exchange.
The fund is part of the Ministry of Finance Incorporated's (MOFI) ₦1 trillion issuance!-->!-->!-->!-->!-->…
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