The federal government has set minimum financial thresholds and reduced signature bonuses for entities participating in the 2025 oil block licensing round, aiming to strike a balance between ...

Traffic police face tall task of managing city’s 1.22 crore vehicles with 4,516 hands on deck — that is one policeman for every 2,700 vehicles — which is a 26% shortfall as per a Home Ministry report ...

For a third consecutive season, Purdue is headed to the NCAA Regional Semifinal. The Boilermakers punched their ticket with a 3-1 win over Baylor. The "Block Party" is the name of the student section ...

PC Gamer this week held its annual PC Gaming Show: Most Wanted showcase - revealing all sorts of "exciting projects" currently in development. Although the focus was on PC, many of the games announced ...

Nigeria’s upstream regulator on Monday announced the start of its 2025 oil licensing round, offering 50 blocks for bidding to boost output and attract new investments. The Nigerian Upstream Petroleum ...

Nigeria has launched a major new licensing round, with the aim of attracting $10 billion in fresh investments and adding 2 billion barrels of oil reserves to the country's resource base over the next ...

The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has unveiled an ambitious plan to attract $10bn in new investments and unlock up to two billion barrels of crude ...

A view of the Mild Hydrocracking Unit (MHC) at the Dangote Petroleum Refinery in Lagos, Nigeria, July 20, 2024. REUTERS/Marvellous Durowaiye/File Photo ABUJA, Dec 1 (Reuters) – Nigeria’s upstream ...

ABUJA, Dec 1 (Reuters) - Nigeria’s upstream regulator on Monday announced the start of its 2025 oil licensing round, offering 50 blocks for bidding as Africa’s biggest crude producer seeks to boost ...

Fifty oil and gas blocks are up for auctioning from today as the 2025 licencing round bid portal come alive today. The auction, spanning multiple basins and terrains, is part of the Nigerian Upstream ...

Announcing the bid round in Abuja, Engr. Gbenga Komolafe, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), said the blocks are spread across onshore, swamp/shallow ...