Tag:Petroleum Industry Act

Energy

NUPRC Registers 172 Host Community Trusts Under Petroleum Industry Act

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that 172 Host Communities Development Trusts (HCDTs) have been incorporated by oil and gas companies,...
Akeem Adebayo -
Energy

PENGASSAN: Nigeria’s Refineries Shut Over Losses, Not Failure to Produce

ABUJA — Nigeria’s state-owned refineries were shut down because their operations were commercially unviable, not because they had completely stopped producing petroleum products, outgoing...
Toyin Adebayo -
Energy

NUPRC Records 97.4% DCSO Performance in Q2

ABUJA — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) recorded a 97.4 percent performance under the Domestic Crude Supply Obligation (DCSO) in the second...
Akeem Adebayo -
Energy

143 Firms Battle For 50 Oil Blocks At NUPRC Bid Meet

ABUJA — A total of 143 companies are set to compete for 50 oil and gas blocks as the Nigerian Upstream Petroleum Regulatory Commission...
Akeem Adebayo -
Energy

NUPRC Warns PPL Holders: Develop Assets Or Risk Loss

ABUJA — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned newly licensed Petroleum Prospecting Licence (PPL) holders to swiftly develop their assets or...
Akeem Adebayo -
news

Lokpobiri to Regulators: Deliver Investment-Friendly Policies or Lose Global Capital

  Minister of State for Petroleum Resources, Heineken Lokpobiri, has challenged regulators in Nigeria's petroleum industry to create a transparent, predictable and investment-friendly environment or...
Akeem Adebayo -
news

Gas Leak: Fubara Promises Swift Action as Bille Residents Cry Out Over Pollution

  PORT HARCOURT – Rivers State Governor, Sir Siminalayi Fubara, on Monday assured residents of Bille community in Akuku-Toru Local Government Area of urgent government...
Saladin Babagana -
Energy

NLNG, NMDPRA Strengthen Ties to Boost Gas Sector

Abuja, Nigeria — June 26, 2026 — The Managing Director/Chief Executive Officer of Nigeria LNG (NLNG), Mr. Adeleye Fayemi, has met with the Authority...
Akeem Adebayo -
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Wike: We Don’t Want Rivers of Blood Ahead of 2027 Elections

  ***Rallies APC, PDP Leaders, Backs Tinubu’s Second-term Bid The Minister of the Federal Capital Territory (FCT), Barr. Nyesom Wike, has...
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Fani-Kayode Arrives in South Africa, Vows to Rebuild Nigeria Ties

Nigeria’s new High Commissioner to South Africa, Ambassador Femi Fani-Kayode, has arrived in Johannesburg, pledging to rebuild diplomatic relations...
Sports

Mbappe Strikes Late as Real Madrid Beat Barcelona to End Unbeaten Run

Kylian Mbappe scored twice, including an 87th-minute winner, as Real Madrid defeated Barcelona 2-1 in El Clasico to end...

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Politics

Wike: We Don’t Want Rivers of Blood Ahead of 2027 Elections

  ***Rallies APC, PDP Leaders, Backs Tinubu’s Second-term Bid The Minister...
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Fani-Kayode Arrives in South Africa, Vows to Rebuild Nigeria Ties

Nigeria’s new High Commissioner to South Africa, Ambassador Femi...

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