Oil blocks

Oil & Gas

FG slashes oil block entry costs to $3m

As the 2025 licensing round gets underway, the Federal Government has reduced the signature bonus from $10 million to $3 million and $7 million. The Nigerian Upstream Petroleum Regulatory Commission…

FG woos global investors for 17 oil blocks

23 oil blocks failed to produce crude, says FG

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Energy

Buhari approves amendment of oil block bid process; concludes 28th July

Oil & Gas

NNPC completes deal with Addax, assumes control of oil blocks