…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…
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…
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…
We Have Enough Fuel Stock, Major Energies Marketers Reassure Nigerians
Addressing the recurring concerns of a perceived tightness in the petroleum supply market, the Major Energies Marketers Association of Nigeria (MEMAN) have reassured the public and all stakeholders that MEMAN has a robust supply of petroleum products readily available. Reaffirming…
OTL Africa: Pinnacle CEO Highlights Major Changes in Nigeria’s Downstream Sector Following Subsidy Removal
* Highlights Transformations in Nigeria’s Downstream Sector Robert Dickerman, CEO of Pinnacle Oil and Gas Limited, has emphasized that the downstream sector of Nigeria’s oil and gas industry is experiencing significant changes and challenges following the removal of subsidies. He…
OTL Africa: Nigeria’s Oil Industry Targets 3 Million Barrels Daily and Increased Gas Utilization to Become a Net Exporter – NMDPRA
* Issues Nine Licenses to Establish (LTEs), Seven Licenses to Construct (LTCS), and Four Licenses to Operate (LTOS) for modular refineries. With the spate of ongoing reforms and investments in the oil and gas sector, Nigeria is set to become…
Unleashing Potential: Mainland Oil Reiterates Commitment to Lubricant Production and CNG Utilization in Africa – Chris Igwe
Mainland Oil has reiterated it’s commitment to service provision in the oil and gas industry, showcasing its strengths in lubricant production and compressed natural gas (CNG) utilization, towards driving energy security and sustainability across Nigeria and beyond. This, according to…
OTL Africa 2024: Seeks Increased Collaboration Between Industry Stakeholders To Drive Sectoral Growth
The upcoming Annual Oil Trading and Logistics (OTL) Africa Downstream Energy Week 2024 conference is set to explore critical topics such as health and wellness, as well as the impact of Artificial Intelligence and Big Data on decision-making within the…
