Kamlight

The Nigeria Upstream Petroleum Regulatory Commission, NUPRC, has announced plan to unveil a new oil bid round during which 12 blocks in the continental shelf and deep offshore will be offered to bidders.

The Nigerian National Petroleum Company Limited, NNPCL, has identified energy conservation, diversification, and efficiency measures as major avenues for enhancing energy security.

Oil major, Shell said Tuesday it agreed to sell its onshore business in the Niger Delta to a consortium of companies in a deal worth $2.4 billion.