The Independent Petroleum Marketers Association of Nigeria (IPMAN) has voiced strong opposition to the continued importation of Premium Motor Spirit (PMS) into the country. The association also distanced itself from reports suggesting that the surge in petrol imports in November 2025 was linked to a breakdown in supply arrangements between Dangote Refinery and petroleum marketers,…
-Still focused on the future Today marks five years since Heirs Energies assumed operatorship of OML 17, taking responsibility for one of Nigeria’s most complex brownfield assets and committing to steward it with discipline, resilience, and long-term intent. This milestone is not defined by the passage of time, but by what has been delivered. Heirs…
This transformative vision according to the commission chief executive rests on three pillars: Production optimization and revenue expansion; regulatory predictability and speed; safe, governed and sustainable operations. Eyesan said this aligns with President Bola Ahmed Tinubu’s renewed hope agenda and his plan to hit a production target of 2mmbopd by 2027 and 3mmbopd by 2030….
Grief hung heavily over Epe on Wednesday as Club Seventies Epe joined the rest of the community in mourning the victims of the devastating truck accident that claimed several innocent lives along Hospital Road on Monday. In a joint statement issued by the President, Mr. Yusuf Yunus, and the Secretary, Mr. Taoheed Oladehinde Sikiru, the…
The country’s first unmanned fuel-dispensing stations is digitalised and equipped with smart pumping technology that enables payments without the use of fuel attendants by motorists and customers. Alhaji Auwalu Abdullahi Rano, a business mogul in the oil and gas sector, stated on Wednesday in a statement released in Kano that, “The self-dispensing fuel pumps with…
The Nigerian Upstream Petroleum Regulatory Commission has announced January 14, 2026, as the date for the pre-bid conference for the 2025 oil and gas licensing round, as the Federal Government intensifies efforts to attract fresh upstream investments. In an announcement notice dated January 8, 2026, and signed by the commission’s Chief Executive, Oritsemeyiwa Eyesan, the…
NERC, in its latest quarterly report released this week, explained that these companies opted for self-generation licenses exceeding 1MW capacity exclusively for internal use, reflecting escalating frustration with grid unreliability. “Captive power plants above 1MW require NERC permits to ensure they operate solely for the license holder’s consumption without selling to third parties,” the regulator…
The Federal Government has redesignated the Armed Forces Remembrance Day, celebrated annually on January 15, to Armed Forces Celebration and Remembrance Day. The Director Defence Information (DDI), Maj.-Gen. Samaila Uba, explained in a statement on Thursday that the redesignation was to reflect the dual purpose of the day. “January 15 is set aside annually by…
The Nigerian Upstream Petroleum Regulatory Commission and the Nigerian Midstream and Downstream Petroleum Regulatory Authority have renewed efforts to enhance regulatory efficiency and foster investments in Nigeria’s oil and gas sector, signalling a new era of cooperation between the two agencies. A statement signed by the Head of Media and Strategic Communication at NUPRC, Eniola…
The Ministry of Solid Minerals Development recorded a 337 per cent increase in revenue, rising to over N70 billion in 2025 from N16 billion in 2023, under the leadership of Minister of Solid Minerals Development, Dr Dele Alake. The development was disclosed by the Special Assistant on Media to the Minister, Segun Tomori, who attributed…
