Nigeria Expands Local Refining With Four Modular Refineries, New Licenses   The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) yesterday gave an update on Nigeria’s local refining capacity, saying there is an expansion with the issuance of nine Licenses to Establish (LTEs), seven Licenses to...

FG Meets Stakeholders to Resolve Dangote Refinery Impasse   The honourable minister of state petroleum, Senator Heineken Lokpobiri, in a decisive move to address the ongoing challenges plaguing the Dangote Refinery, has convened a high-level meeting with key industry stakeholders. The crucial gathering took place with the...

Petrol Subsidy Gulps N4.8trn Annually - FG The Federal Government through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) stated on Tuesday that fuel subsidy was gulping about N4.8tn from its purse. The Chief Executive Officer, NMDPRA, Farouk Ahmed, disclosed this at the ongoing Energy...

FG Commences Enforcement of Oil Measurement Law The Federal Government says it has commenced the enforcement of the Petroleum Measurement Regulations, as well as five other laws in the midstream and downstream oil sectors. Disclosing this on Wednesday through the Nigerian Midstream and Downstream Petroleum Regulatory...

Fuel Scarcity: Fed Govt To Inspect Stations’ Tanks   Oil marketers on Sunday said the Federal Government should evacuate and dispense the products currently trapped in the depots which were shut down recently by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Marketers said the products...

Domestic Gas Supply Rises by 14%, Says FG The Federal Government has revealed that the estimated performance of Nigeria’s domestic gas supply obligation increased by 14.14 per cent to 64.8 per cent in 2021. It pointed out that the country's gas supply volumes are set to...