[This Day] Abuja and Peter Uzoho in Lagos -- French major, TotalEnergies, yesterday announced that it had signed a Sale and Purchase Agreement (SPA) to sell its 10 per cent non-operated stake in the Nigerian onshore oil asset formerly owned by SPDC, now renamed Renaissance.
[This Day] ·Commission lowers signature bonus, entry fees
[Premium Times] Mrs Eyesan said her vision for the upstream sector rests on three pillars-production optimisation and revenue expansion; regulatory predictability and speed; and safe, governed and sustainable operations.
[Leadership] The Urhobo Ethnic Nationality in the Niger Delta has warned the federal government and oil companies that it would no longer accept "deliberate, systematic and oppressive exclusion" of its people from the management and administration of Nigeria's petroleum sector.
[Premium Times] The Nigerian oil and gas industry has frequently been in the news for various reasons. Decades before the Petroleum Industry Act (PIA) was enacted in August 2021, the country's oil and gas exploration sector faced significant challenges due to unclear rules, changing policies and low investor confidence. This was in spite of its key role in the country's economy. These issues reduced investment funds, delayed project execution and weakened its ability to compete in the rapidly changing global energy
[Leadership] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has opened a 90-day fast-track window for approving oil wells, Field Development Plans (FDPs), rig mobilisations, and other quick-win opportunities, to meet the two million barrels per day (mbpd) and three mbpd crude oil production targets for 2027 and 2030 respectively.
[Ghanaian Times] The Bank of Ghana has ordered an external audit into the implementation of the Gold for Oil programme covering the period between 2022 and 2024, Governor of the Bank of Ghana, Dr Johnson Asiama, has announced.
[Capital FM] Motorists have received modest relief at the pump after the Energy and Petroleum Regulatory Authority (EPRA) cut the price of petrol by Sh2 per litre driven by a decline in the landed cost of imported fuel.
[Capital FM] Nairobi -- The Government has defended its decision to approve the South Lokichar Field Development Plan (FDP), arguing that the project is legally sound, economically viable and critical to unlocking Kenya's upstream petroleum potential.
[Vanguard] In one stroke, Venezuela has been turned into both a courtroom drama and a geopolitical doctrine. When U.S. forces seized Nicolás Maduro in Caracas on 3 January 2026, Washington did more than remove a leader it calls a narco-criminal; it tested--publicly, unapologetically--the tensile strength of the post-1945 diplomatic order built around sovereignty, non-use of force, and multilateral restraint.
get in touch
ADDRESS:
Drillplus Resources Limited
Suite 910, 9th Floor
Western House
8-10 Broad Street
Lagos
CALL US:
Tel: + 234 805 979 2044
Latest Industry News
- Nigeria: Epstein Wanted to Trade in Nigeria’s Crude Oil, but Feared Being DefraudedFebruary 4, 2026 - 6:51 am
- Namibia: Former Bank Windhoek Employee Heidi Boois in Court Over N$3.36 Million Namcor Fraud CaseFebruary 4, 2026 - 5:04 am
- Namibia: President Nandi-Ndaitwah Family Oil Interest Allegations Spark Transparency Row and State House Media ScuffleFebruary 4, 2026 - 5:04 am

