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Odisha maps ₹2.1tn investment plan with IHC, Adani

Arabian Post Staff -Dubai Odisha has signed a memorandum of understanding with Abu Dhabi-based International Holding Company and the Adani Group to explore 14 projects carrying an indicative investment of ₹2.105 trillion across minerals, energy, manufacturing, healthcare, tourism and infrastructure. The agreement was concluded during Chief Minister Mohan Charan Majhi’s investment outreach in the…

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NUPRC threatens revocation of non-performing oil licences, sets October 31 deadline

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned holders of non-performing oil licences that they risk losing their acreages if they fail to meet approved work commitments, as it moves to enforce the “Drill-or-Drop” provisions of the Petroleum Industry Act (PIA) 2021.

  • NUPRC threatens revocation of non-performing oil licences by October 31, 2026.
  • Operators must submit compliance status, obstacles, and revised plans by deadline.

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