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NUPRC threatens to revoke licences of defaulting operators - Punch
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) may revoke oil and gas operators' licenses for not remitting the required three percent to Niger Delta host communities by September 2023. The NUPRC criticized operators' delays, emphasizing the serious implications for host communities and upstream operations in the affected areas.
Marketers get foreign investors’ backing for 30,000 gas stations -Punch
Oil marketers have secured approval from domestic and international financiers to develop approximately 30,000 gas stations across Nigeria. Many of these stations are being converted to dispense gas, aligning with the government's plan to deploy 11,000 CNG-fueled vehicles to ease the impact of fuel subsidy removal.
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