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FG Begins 2024 Bid Round, Puts 12 Greenfield Oil Blocks On Offer

The federal government said it has commenced the process for the 2024 oil bid round with 12 oil blocks on offer and seven deep offshore blocks from last

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UK Oil Regulator Publishes New Emissions Reduction Plan

The NSTA said the plan 'places electrification and low carbon power at the heart of emissions reduction'.

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UK Could Block New Oil Projects if Operators Fail to Cut Emissions

The UK government could block new oil and gas projects in the North Sea if operators fail to cut emissions.

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UK: OGA Plan sharpens focus on emissions reduction

UK: OGA Plan sharpens focus on emissions reduction
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Ministry calls for PLI scheme to boost petroleum output

The report didn't have more details on the idea of production-linked incentives in oilfields. Current government policies provide incentives to companies deploying enhanced recovery techniques in maturing fields. A gas pricing policy introduced last year permits a 20% premium over the government-set price for the additional volume ONGC and Oil India may produce from their legacy fields.

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Nigeria considers multifaceted approach to address — Energy — The Guardian Nigeria News – Nigeria and World News

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will, this year, prioritise the implementation of the Petroleum Industry Act (PIA) and ensure an increase in crude oil production.

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Commonwealth unveils FDP toolkit for accelerated Oil and Gas decarbonization

Commonwealth unveils FDP toolkit for accelerated Oil and Gas decarbonization
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Natural Resource Minister to host first press conference this month

Natural Resource Minister to host first press conference this month
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Nigeria's oil production will hit two million Bpd before 2024, NUPRC insists | The Guardian Nigeria News - Nigeria and World News — Nigeria — The Guardian Nigeria News – Nigeria and World News

Although Nigeria’s oil production remains dismal at 1.3 million barrels per day amidst theft and vandalism, Nigerian Upstream Regulatory Commission (NUPRC), yesterday, said the production would hit two million barrels by the end of this year.

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Nigeria considers new regulations amidst uncertainties in oil, gas sector

Nigeria, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is considering seven regulations that would aid the implementation of some fragments of the Petroleum Industry Act, especially contracts, commercials, revocation of oil and gas licenses.

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