Amid speculations that Nigeria exported 300 trucks of the Premium Motor Spirit (PMS) to the Niger Republic, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigerian National Petroleum Company Limited (NNPCL) and Nigeria Customs Service (NCS) said yesterday they were oblivious of the development. NMDPRA’s Head of Public Affairs George Ene-Ita, NNPCL’s Chief Corporate…
The President/Chief Executive of Dangote Industries Ltd, Alhaji Aliko Dangote on Monday disclosed the readiness of the company to return to the Olokola Free Trade Zone in Ogun Waterside Local Government Area of the state for the largest seaport project in the country. Dangote also said that his company has equally returned to site to…
The Federal Government has announced plans to establish Compressed Natural Gas (CNG) conversion centres and refuelling stations in 20 federal tertiary institutions across Nigeria. The initiative, led by the Midstream and Downstream Gas Infrastructure Fund (MDGIF) in collaboration with Femadec Energy, aims to promote clean energy adoption and reduce transportation costs for students and lecturers….
The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri on Wednesday March 12, 2025, toured the TotalEnergies’ offshore fields of Ofon and Egina as part of a one-day familiarization visit. The visit was intended to intimate the Minister with TotalEnergies’ investment plans, ongoing projects and challenges faced by the company in the areas of…
The Nigerian National Petroleum Company Limited has revealed that reforms in the oil and gas sector, driven by the enactment of the Petroleum Industry Act (PIA) 2021 and Executive Orders issued by President Bola Ahmed Tinubu, attracted about $17 billion in foreign investment in 2024. The Executive Vice President, Upstream, Mr. Udy Ntia, disclosed this…
Disclosing this on Tuesday in Ukwa West Local Government Area on the occasion of the official flag-off of the reconstruction of the 11.1km Obehie – Umudobia – Owaza road, the Abia State Governor, Alex Otti, said the modular refinery will be cited inside the Abia Industrial and Innovative Park, AIIP. Otti said significant changes would…
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Resources Authority, NMDPRA, Eket Field Office, has sealed 10 Liquified Petroleum Gas, LPG, retail outlets in Akwa Ibom for various offences. The state Coordinator of NMDPRA, Ikechukwu Eseka, who made this disclosure at the end of a surveillance operation in Uyo on Wednesday, said that…
Nigeria’s average daily crude oil production has fallen again below the quota allocated by the Organisation of the Petroleum Exporting Countries. Oil production figures released by the Nigerian Upstream Petroleum Regulatory Commission showed that the country’s crude production fell to approximately 1.47 million barrels per day in February, down from 1.54mbpd in January. Nigeria’s OPEC…
The agreement is for the supply of natural gas to its planned LNG plant in the Lekki Free Trade Zone, Lagos State Managing Director, NNPC Gas Marketing Limited, NGML, Justin Ezeala and CEO of Ssonic Petroleum Ltd, Ifeoma Douglas, sign an 80mscf gas supply agreement for the proposed LNG plant in Lekki FTZ. A subsidiary…
The Nigeria Midstream and Downstream Petroleum Resources Authority has issued refining licenses to three companies to build new refineries in Abia, Delta, and Edo States. The three proposed refineries are expected to have a combined refining capacity of 140,000 barrels per day. According to an X post by the NMDPRA on its official page, the…
