TotalEnergies sells 12.5% stake in Bonga field, Shell, Agip assume liabilities

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved a $510 million divestment by TotalEnergies Exploration and Production Nigeria Limited, paving the way for Shell Nigeria Exploration and Production Company (SNEPCo) and Nigerian Agip Exploration (NAE) to increase their equity Read More

Senate committee urges NUPRC to sanction erring IOCs on PIA

The Chairman, Senate Committee on Host Communities, Sen. Benson Agadaga, has charged the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) to take stringent measures against International Oil Companies (IOCs) that fail to adhere to the Petroleum Industry Act (PIA) directives on Read More