Tag: Gbenga Komolafe

Nigeria opens new oil investment phase as NUPRC advances 2025 bid round

Business Damilola Bayonle -
Nigeria’s upstream oil and gas sector is gaining renewed momentum as regulators push forward with reforms aimed at attracting...

Nigeria’s new oil blocks bid round promises $10bn boost in a game-changing energy push

Business Damilola Bayonle -
The Federal Government has opened a fresh window for energy sector investments with the launch of the Nigeria 2025...

NUPRC Rig Count Soars 762% as Regulator Marks Four-Year Reform Success

Business Damilola Bayonle -
Nigeria’s upstream oil and gas regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has announced significant progress in the...

NUPRC Targets 40% Share of Africa’s Oil, Gas Investments

Business Damilola Bayonle -
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled an ambitious strategy to reclaim Nigeria’s dominance in Africa’s oil...

Nigeria Must Maximise Oil Reserves for Economic Growth – CEGA

Business Damilola Bayonle -
The Centre for Energy Governance and Accountability (CEGA) has called on the Federal Government to prioritize the strategic management...

FG Set to Revoke Dormant Oil Licences Under New Policy Framework

Business Damilola Bayonle -
The Federal Government has unveiled a strict enforcement of its long-standing 'drill or drop' policy, which mandates oil producers...

Hire Only Registered Engineers or Risk Sanctions – FG to Oil, Gas Companies

Business Omolola Akinyemi -
NCDMB Warns Oil Firms Against Hiring Unregistered Engineers, NUPRC Unveils Plan to Boost Local Capacity The Nigerian Content Development and...

Crude Oil Reserves Rise to 37.28 Billion Barrels – NUPRC

Damilola Bayonle -
In a significant boost to Nigeria’s energy sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially declared the...