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Accordingly, the Ministry has proposed to amend the Petroleum Act, 1934 through amendment of Chapter three, which relates to “Penalties and Procedure”
Ministry prepares summary on sale of Jura Energy's controlling shares for ECC's consideration
.Urges them to meet statutory work commitments or lose permits Emmanuel Addeh in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday announced that it was...
The NUPRC has registered 172 Host Communities Development Trusts, enforcing the 3% oil levy from companies to boost community development. Read More: https://punchng.com/nuprc-enf...
Peter Uzoho The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that 172 Host Communities Development Trusts (HCDTs) have been incorporated by oil and gas c...
Observe secure operating environment can help expand oil, gas exploration
The commission also outlined plans to boost crude oil production by restoring more than 788,000 barrels per day of shut-in production and advancing offshore projects worth an estim...
Shell and partner Petronas (50% each) have taken a Final Investment Decision (FID) on a new three-well development at Egypt’s mature West De...
•Questions regulatory powers in free zone Wale Igbintade A Federal High Court in Lagos has restrained Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) from...
Indonesia’s state-owned oil company, Pertamina, is considering investing in Nigeria’s upstream sector, signalling interest in the 2026 oil licensing round. Read More: https://punc...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled a pipeline of major offshore projects with the potential to attract significant new investment into Niger...
BUSINESS REPORTERMUSCAT, SEPT 21Petroleum Development Oman (PDO) has awarded Weatherford a three-year integrated drilling services contract covering 274 wells in Marmul and the Gre...
Omani state-led upstream firm PDO has raised oil production to take advantage of the record prices Omani crude has fetched this year. The Ho...
Cabinet decides energy ministry will enter into agreements with oil refineries, instead of OGRA
PETALING JAYA, Sept 8 — Former law minister Datuk Zaid Ibrahim has urged Prime Minister Datuk Seri ...
Says unexplained reversals in import policy increase uncertainty Dangote Refinery to block petrol importers over quality concerns Dike Onwuamaeze and Peter Uzoho The Centre for th...
• PETAN flags double-digit bank rates, 90-day payment delays stifling capacity Peter Uzoho Indigenous oil and gas service companies have raised alarm over long tender approval cycl...
KUALA LUMPUR, Oct 4 — Former law minister Datuk Zaid Ibrahim says Sarawak premier Abang Johari Openg’s...
Sees 4 million bpd production in 10 years Emmanuel Addeh in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) may begin conducting oil licensing rounds twice year...
New Delhi : The government has proposed allowing up to three-year permissions for importing and transporting petroleum in ISO tank containers and introducing a seven-working-day de...
Blessing Ibunge in Port Harcourt The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has signed a tripartite Memorandum of Understanding (MoU) with Bureau...
*Says FG must waive upfront signature bonus, incentivise data acquisition, fast-track marginal fields to replace resevess Peter Uzoho The President of the Nigerian Association of P...
Asks stations found permanently closed, dealing exclusively in diesel removed from the list
Petroleum minister discusses storage, supply chain resilience with OICCI
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