The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have announced a renewed commitment to closer collaboration, aimed at enhancing regulatory efficiency and attracting greater investment into the country’s oil and gas…
Farouk Ahmed, Komolafe Step Down as Tinubu Seeks Senate Approval for New NMDPRA, NUPRC CEOs’
Oritsemeyiwa Amanorisewo Eyesan nominated as Chief Executive of the NUPRC Engineer Saidu Aliyu Mohammed listed as Chief Executive of the NMDPRA Nigeria’s petroleum regulatory landscape is set for another leadership transition following the resignation of Engineer Farouk Ahmed, Chief…
Dangote Refinery To Supply 1.5bn Litres of Petrol Monthly: Engages NMDPRA, Marketers
Dangote Petroleum Refinery has announced plans to supply one billion five hundred million litres of Premium Motor Spirit (PMS) monthly to the Nigerian market in December 2025 and January 2026, a move aimed at ensuring uninterrupted nationwide fuel availability through…
Africa Loses $90bn Annually to Imported Substandard Fuel – Dangote
At the ongoing West African Refined Fuel Conference in Abuja, Africa’s richest man and President of Dangote Industries Limited, Aliko Dangote, delivered a stark wake-up call to African governments, regulators, and the petroleum industry. Speaking at the event hosted by…
NMDPRA, S&P Global To Host Inaugural Conference On West African Refined Fuel Market
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in collaboration with S&P Global Commodity Insights, is set to host the first-ever West African Refined Fuel Conference, a groundbreaking two-day event scheduled for July 22–23, 2025, at the Congress Hall,…
Petroleum Marketers Commend NMDPRA for Strategic Oversight in Nigeria’s Downstream Sector
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has attributed the stability, innovation, energy access and continuing growth in the sector to strategic regulatory oversight by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). DAPPMAN said the…
P-CNGI: Mobility CNG Supply Framework Guarantees Steady Autogas Supply
The Presidential Compressed Natural Gas Initiative (P-CNGI) says the Mobility-CNG Supply Framework will ensure affordable, uninterrupted and adequate autogas supply to end-users in the country. Mr Michael Oluwagbemi, Programme Director, P-CNGI, said this during the unveiling/implementation of the Mobility-CNG Supply…
Dangote Refinery’s Fuel Distribution Scheme to Cut Inflation, Boost Jobs – Experts
A recent initiative by the Dangote Petroleum Refinery, involving the distribution of Premium Motor Spirit (PMS), diesel and other petroleum products to marketers, petrol station operators, manufacturers, telecommunications companies, the aviation sector, and other large-scale users, with free logistics support,…
PENGASSAN Laments Exodus of International Oil Companies, Urges Adoption of NLNG Model to Restructure Industry Partnerships
Despite 20% tax credit incentives under President Tinubu’s Executive Order, PENGASSAN says over five major IOCs have exited due to insecurity. Fuel prices stayed above ₦900/litre even as crude oil dropped to $60/barrel – Regulators are failing Nigerians Announces Resolution…
MEMAN: Nigeria’s Fuel Import Costs Surge Amid Forex Pressures and Crude Price Stability
Nigeria’s downstream oil market is facing heightened volatility as new data from the Major Energy Marketers Association of Nigeria (MEMAN) Competency Centre reveals a significant rise in the estimated cost of importing refined petroleum products. The MEMAN Energy Bulletin released…