The African Voice for Everything Business
Nigeria has selected 31 companies as preferred bidders for 37 oil and gas blocks under its 2025 Licensing Round, as the government moves to attract new investment and increase energy
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The Federal Government will return 13 oil and gas blocks to the national licensing pool after the assets failed to attract bids in Nigeria’s 2025 Licensing Round. The Nigerian Upstream
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Nigeria’s latest oil licensing round has entered its final competitive stage, with 143 local and international companies bidding for 50 oil and gas blocks. The Nigerian Upstream Petroleum Regulatory Commission
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Independent oil marketers have accused major fuel importers of setting imported petrol prices at about N1,350 per litre, far above the price offered by the Dangote Petroleum Refinery. The marketers
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The US-Iran conflict is disrupting Middle East shipping and increasing demand for Nigerian crude grades that reach global buyers through safer Atlantic routes.
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