Browse Tag

Nigeria oil and gas industry

NUPRC’s Revenue Rises By 176.7% To ₦12.2trn In 2024 

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) recorded a historic high of ₦12.2 trillion revenue in 2024. This represents a 176.7 percent surge compared to ₦4.3 trillion recorded in 2023. The 2024 performance report released by NUPRC revealed that it recorded ₦3.7 trillion
July 6, 2025
SHIN

NCDMB Assures SHIN Of Support For Oil Industry Projects

The Nigerian Content Development and Monitoring Board (NCDMB), has assured Samsung Heavy Industries Nigeria (SHIN), of support in getting oil and gas projects in the country. NCDMB Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe
February 4, 2025
Eni Receives Approval To Sell Agip Oil To Oando

Eni Receives Approval To Sell Agip Oil To Oando

Italian Energy oil company, Eni, has announced that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has approved its bid to sell the Nigerian Agip Oil Company (NAOC), to Oando Plc. In a statement released on Wednesday, the oil major stated that having
July 26, 2024

Tinubu Signs Executive Orders On Oil, Gas Reforms

President Bola Tinubu has signed executive orders for a set of  Policy Directives to reform Nigeria’s oil and gas industry and make it the preferred investment destination in Africa. A statement by Special Adviser to the President on Media and Publicity, Ajuri
March 6, 2024
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