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Tag: Nigerian Midstream and Downstream Petroleum Regulatory Authority

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Citing Regulatory Lapses, Dangote Claims NMDPRA Has No Laboratory To Detect Sub-Standard Petrol

The Dangote Refinery and Petrochemical Company on Sunday claimed that the Nigerian Midstream and Downstream Petroleum Regulatory Authority does not have iaboratory facilities which...
Business

HOGL Awaits NMDPRA’s Approval To Resume PMS Loading After Fire Outbreak

HOGL Energy Limited (HOGL) said it will resume loading activities after a fire incident at its terminal.However, the downstream player says it needs the...
Business

NMDPRA To Create Over $575bn Investment Opportunities For Nigeria Through Industry Sustainability Initiative

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has said that over $575bn capital investment opportunities could be created for Nigeria through its Industry...
Business

NUPRC Set To Enforce Domestic Crude Oil Supply Obligation, Summons 52 Exploration, Production Companies

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it is taking all necessary steps within the prescriptions of the Petroleum Industry Act (2021) to...
Business

NMDPRA Grants Approval To Novertek For Construction Of 500MT LPG Depot

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has signed two major deals on Liquefied Petroleum Gas (LPG) and Compressed Natural Gas (CNG)...
Business

FG Set To Release New Gas Pricing Template As IOCs Demand $1bn Legacy Debt Payment

The Nigerian Midstream and Downstream Regulatory Authority (NMDPRA) is set to release the new gas pricing template any moment from now.The Authority Chief Executive...
Business

Subsidy Removal: Oil Marketers To Begin Fuel Importation As NMDPRA Vows To Protect Nigerians From Exploitation

The Nigeria Midstream and Downstream Petroleum Regulatory Authority has assured that it would protect consumers from exploitative action following plans by oil marketers to...
Business

NMDPRA Boss Writes Defence Chief, Says Exxon Mobil Conniving With Firm To Illegally Lift Gas From Bonny Terminal

The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed has written to the Chief of Defence Staff, General Lucky...
Business

Unlicensed fuel marketers to face sanctions as Nigerian govt reviews oil sector rules

The Federal Government on Monday, declared that no unlicensed petroleum product dealer would be permitted to load items starting from June 1, 2023, and...
Business

Fuel Subsidy: FG Scraps Petroleum Equalisation Fund, National Transport Allowance To Oil Marketers

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)has revealed that the Federal Government has officially scrapped petroleum equalisation as well as the national...
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