Iran Struggles to Import Petrol Amid US Blockade
By Mardiyyah Abubakar Iran is struggling to import enough petrol to make up for a shortfall in domestic production amid a US naval blockade. Vice President Mohammad Jafar Ghaempanah disclosed this on Wednesday, according to Iran’s state-run IRNA news agency. Ghaempanah said domestic petrol production is insufficient, while the blockade has made imports difficult. The […]
FG Returns 13 Oil Blocks After 2025 Licensing Round
By Zainab Bakare The Federal Government will return 13 oil and gas blocks to the licensing basket after they failed to attract investor interest during the 2025 Licensing Round. Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, disclosed this on Tuesday at the 2025 Commercial Bid Conference in Abuja, saying only […]