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July 24, 2025
The Petroleum Industry Act 2021 (the PIA) introduces a more structured framework for the relinquishment of petroleum acreages, moving beyond the limited guidance of its predecessor, the Petroleum Act 1969....
June 30, 2025
New Commercial Regulations in Nigeria’s Upstream Petroleum: Key Obligations under the 2025 Framework
On 5 May 2025, the Nigerian Upstream Petroleum Regulatory Commission (the NUPRC or the Commission), further to its powers under the Petroleum Industry Act 2021 (the PIA), issued the Nigerian...
July 24, 2025
The Petroleum Industry Act 2021 (the PIA) introduces a more structured framework for the relinquishment of petroleum acreages, moving beyond the limited guidance of its predecessor, the Petroleum Act 1969....
June 30, 2025
New Commercial Regulations in Nigeria’s Upstream Petroleum: Key Obligations under the 2025 Framework
On 5 May 2025, the Nigerian Upstream Petroleum Regulatory Commission (the NUPRC or the Commission), further to its powers under the Petroleum Industry Act 2021 (the PIA), issued the Nigerian...