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NUPRC Announces 2025 Oil Licensing Bid Round  | Daily Report Nigeria
Business

NUPRC Announces 2025 Oil Licensing Bid Round 

The Nigerian Upstream Petroleum Regulatory Commission has announced plans to launch another oil licensing bid round in 2025. This decision was made public...

FG Withdraws Five Oil Blocks from 2024 Bid Round Over Legal Disputes | Daily Report Nigeria
Business

FG Withdraws Five Oil Blocks from 2024 Bid Round Over Legal Disputes

  The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has withdrawn five oil blocks from the 2024 licensing round due to legal disputes. The...

FG Blocks Shell's $1.3bn Sale of Oil Assets to Renaissance Group | Daily Report Nigeria
Business

FG Blocks Shell’s $1.3bn Sale of Oil Assets to Renaissance Group

The Federal Government of Nigeria has officially rejected Shell’s proposed $1.3 billion sale of its onshore oilfields to the Renaissance Group, according to...

FG Grants 42 Gas Flare Commercialisation Licences | Daily Report Nigeria
News

FG Grants 42 Gas Flare Commercialisation Licences

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has granted 42 firms gas flaring licenses in the 2022 Nigerian Gas Flare Commercialisation Programme auction...