A public warning has gone to the authorities to desist from frequently tweaking with the regulatory environment, as it could undermine investments in Nigeria’s petroleum industry....
Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) shows that crude oil imports by domestic refineries rose by 151.5 percent to 5.13 million...
Increased investment in domestic refining, gas processing and critical petroleum infrastructure have been identified as essential to strengthening Nigeria’s energy security, job creation and unlocking the...
The Midstream and Downstream Gas Infrastructure Fund (MDGIF) is stepping up efforts to attract international capital for critical gas infrastructure projects as it seeks to help...
Oil companies operating in Nigeria risk up to five percent of annual operating turnover in penalties on being found guilty of serious anti-competitive practices if a...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has licensed the Lagos Commodities and Futures Exchange (LCFE) to be facilitating the trading and clearing of...
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has said crises in Western Europe and the Mediterranean should not automatically determine petroleum...
In the bid to resolve the issues surrounding crude oil supply shortages to domestic refineries, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), are poised...
It is apparent that recent developments which threatened supply disruptions and witnessed price hikes have necessitated new policies to ensure energy security and forestall arbitrary price-fixing...
The Nigerian government is shifting focus from exporting crude oil to transform into a major hub for refined petroleum products in Africa. The Chief Executive of...