With the commencement of PMS production from the Dangote Group’s 650,000-barrel-per-day refinery, the Federal Government of Nigeria has appointed the African Export-Import Bank also known as Afreximbank as the Settlement Bank for naira-based transactions on crude oil and refined petroleum…
OTL: MDGIF Highlights Integrated Policy, Infrastructure, and Tech Investments as Crucial for Tapping Nigeria’s Abundant Gas Reserves
…Calls for Ongoing Government Support as Nigeria’s Gas Pipeline Network Meets Only 10% of Local Demand The Midstream and Downstream Gas Infrastructure Fund (MDGIF), operating under the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has indicated that a comprehensive…
LAGOS Holds Five-Day Intensive Workshop To Harmonize Y2025 Health Plans Across MDAS
….As State Health Sector Gears Up for Unified 2025 Strategic Goals The Lagos State Ministry of Health has convened the Year 2025 Lagos State Health Sector Annual Operational Harmonization Workshop, aimed at aligning the 2025 Annual Operational Plan (AOP) across…
Divestment: NUPRC to Resolve Shell’s $1.3bn Renaissance Africa Deal, Gets Vote of Confidence from Energy Adviser, Olu Verheijen
…Insists Nigeria is open to investors as Government Accelerates Focus Shift to Deep Offshore and Gas Operations The Special Adviser to the President on Energy, Olu Verheijen, has expressed confidence in the ability and commitment of the Nigerian Upstream Petroleum…
Empowering Sustainable Development: Nigerian Environmental Society ‘Eko 2024’ Charts Path To Innovative Resource Management and Conservation
Stakeholders in the Nigerian Environment have collectively been challenged and encouraged to confront the Nation’s environmental challenges and embrace a greener future built on sustainability and development. This rousing call to action was made by Prof. Olanrewaju Fagbohun, while delivering…
NAPE Pre-Conference: Leveraging Divestments, Local Content Capacity to Enhance Nigeria’s Oil and Gas Industry
As the 42nd annual international conference of the Nigerian Association of Petroleum Explorationists (NAPE) approaches, taking place from November 10-14, a pre-conference workshop has been held to discuss critical issues impacting the industry. In his opening remarks, Dr. Abiodun Ogunjobi,…
Dangote Petroleum Refinery Clarifies: No Payments Received from IPMAN for Refined Products
The Dangote Petroleum Refinery has clarified it has not received any payments from the Independent Petroleum Marketers Association of Nigeria (IPMAN) to purchase refined petroleum products. In a statement made available to the media, the refinery stated that although discussions…
NMDPRA: Nigeria’s Daily Fuel Consumption Could Reach 50 Million Liters – Farouk Ahmed
The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has stated that petrol consumption had fallen to 4.5 million liters following the removal of subsidies by President Bola Tinubu. He made this disclosure at…