The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has offered to nominate representatives on the strategic planning committee of the Oil Trading and Logistics (OTL) Africa Downstream to clean the mess in the midstream and downstream sectors created over…
President Muhammadu Buhari has approved the amendment of the 2022/2023 Deep Offshore oil block mini-bid process to accommodate concerns raised by potential local and international investors. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) stated in Abuja on Saturday that the…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will recommence technical safety audit of petrol retail outlets, tankers, refining facilities and depots operations nationwide to halt rising accidents’ cases. The NMDPRA said that at least one death…
The Nigeria LNG Ltd. (NLNG) says it has joined the Oil and Gas Methane Partnership (OGMP 2.0), a partnership coordinated by the United Nations Environment Programme (UNEP) to reduce methane emissions. The company also said that the partnership would improve…
Stakeholders in the downstream sector have called on the Federal Government to provide foreign exchange at the Central Bank of Nigeria’s rate to enable petroleum importation. The appeal was made during a virtual online workshop with the theme “Deregulation of…
The World Bank says global gas flaring has fallen to the lowest level since 2010. This is contained in a statement issued by the World Bank, a copy of which was obtained by Nigerian NewsDirect on Wednesday. The bank said…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has raised alarm over the high level of non-compliance to its regulations in the retail outlets of the energy sector. The Executive Director, Health, Safety, Environment and Community (HSE&C) of NMDPRA,…
South-East Amalgamated Markets Traders Association (SEAMATA) has passed a vote-of-confidence on the Enugu Electricity Distribution Company (EEDC). With the vote SEAMATA said it was sure that the electricity firm would deliver on the Memorandum of Understanding (MoU) the latter signed…
By Seun Ibiyemi The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said that a litre of Premium Motor Spirit (PMS) commonly known as petrol should sell for between N360 and N400 after the subsidy regime. PENGASSAN…
President Muhammadu Buhari on Tuesday inaugurated the first oil drilling of the Ebenyi-A Exploration Well located in the Middle Benue Trough in Obi Local Government Area of Nasarawa State. Buhari in his virtual spud-in ceremony of the Well, admonished the…
