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Oil marketers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have projected a further reduction in the prices of refined petroleum products following the...
Wholesale gas-producing companies have formally notified all power generation companies of the suspension of natural gas supply. This was disclosed by the Chief Executive Officer of...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has debunked claims of cutting the gas supply to power generating companies (GenCos). The Authority described reports...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has confirmed that the price of petrol in Nigeria will crash in the coming days. The NMDPRA...
The Crude Oil Refinery Owners Association of Nigeria (CORAN) has urged the Federal Government to exercise caution in issuing import licences to petroleum traders for refined...
Nigeria has witnessed a staggering decline in daily consumption of Premium Motor Spirit (PMS), commonly known as petrol, within just one year following President Bola Tinubu‘s...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has denied suggestions that the Nigerian National Petroleum Company Limited (NNPCL) has been allowed to usurp its...
UTM Offshore Limited, a company based in Nigeria, has been granted authorization to establish the country’s inaugural floating liquefied natural gas (LNG) facility. Naija News understands...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian National Petroleum Corporation Limited (NNPCL) have finally agreed to sell crude oil to the...
The Federal Government on Monday took a step towards settling the disagreement between billionaire businessman, Aliko Dangote, and the Nigerian Midstream and Downstream Petroleum Regulatory Authority...
Several operators of local refineries have expressed dissatisfaction with the recent announcement by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), indicating that the Federal...
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in a meeting with President Bola Tinubu, disclosed that there is a guarantee of 20 days of petroleum...
The Federal Government has said it would soon issue a fully valid operating licence to the 650,000 barrels per day capacity Dangote Petroleum Refinery. The Chief...
The Federal Government has announced a concessionary gas pricing for mobility Compressed Natural Gas (CNG). The Director/Chief Executive Officer of the Presidential Compressed Natural Gas Initiative...
The Federal Government has increased the price of gas to generate power from $2.18 Metric per Million British Thermal Units (MMBtu) to $2.42 MMBtu. The Chief...
Strong indications have emerged that oil marketers in the country would soon end the Nigerian National Petroleum Company Limited (NNPCL)’s monopoly of importation of Premium Motor...
The Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, on Tuesday revealed why the price of petrol increased to N617 on Tuesday....
Seven weeks after the announcement of the removal of the fuel subsidy was made by President Bola Tinubu, three oil marketing companies finally succeeded in importing...
The Bola Ahmed Tinubu-led Federal Government will today, Wednesday, release the new gas pricing template. Naija News reports that this was made known by the Nigerian...
Twelve petroleum marketers were arrested on Friday in Kogi State for allegedly removing Nigeria Mainstream Downstream Petroleum Regulatory Authority (NMDPRA)’s closure seal and returning to petrol...