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How Oil Exploration In Nasarawa Will Boost Nigeria’s Reserves – NNPC Ltd

By Agency Report The Nigerian National Petroleum Company Limited (NNPC Ltd) says the positive outcome of Ebenyi-A Exploration Well in Nasarawa will increase Nigeria’s hydrocarbon...

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FG To Auction Seven Offshore Oil Blocks

The federal government has finalized arrangement to begin the 2022 Mini Bid Round to spur new exploration and drilling activities in the prospective deep...

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Mobil/Seplat Deal: Why Buhari Reversed Approval

The New Diplomat has gathered that President Muhammadu Buhari reversed his approval of the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc because...

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NUPRC Kicks Against Buhari’s Approval Of Seplat’s Purchase Of ExxonMobil’s Asset

Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rejected the approval given to Seplat Energy Plc by President Muhammadu Buhari for the acquisition of Mobil...

Business

Marginal Fields: Nigeria Awards Oil Mining Licences To 161 Companies

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has awarded Petroleum Prospecting Licences (PPLs) to 161 successful 2020 marginal fields awardees. The commission also officially unveiled...

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NUPRC Begins Investigation Into Massive FPSO Explosion At Escravos

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has commenced investigation into Wednesday’s massive explosion which occurred onboard an offshore facility belonging to...

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Nembe Oil Spill: Bayelsa Govt Faults Aiteo, Regulators on Sabotage Claim

The Bayelsa Government Technical Committee on the November 5 oil leak at Oil Mining Lease (OML) 29 in Nembe on Sunday faulted claims that...

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