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OIL AND GAS
Decline in Nigeria, Libya Oil Production Affects OPEC January Output
The Organisation of Petroleum Exporting Countries (OPEC) recorded lower crude oil output in January 2025 due to shortfalls in production from Nigeria and Libya, Reuters reports.
According to Reuters survey, the production shortfalls in…
Fuel Price War: Dangote Reduces Fuel Price by N25
The Dangote Refinery has announced the reduction of the pump price of petrol by N25, from N799 T0 N774.
The reduction of price follows a massive importation of Premium Motor Spirit (PMS) by other marketers who intend retain a major share…
Multiple Allegations: Group Urges Tinubu to Probe NNPCL GCEO, Ojulari
An accountability and pro democracy group, has called on President Bola Ahmed Tinubu, to as a matter of necessity, cause an immediate probe into the multiple allegations against the Group Chief Executive Officer (GCEO) of Nigerian…
Dangote Refinery Supplies 50million Litres of Fuel to Nigerian Market, Increases Fuel Price to N799…
The Dangote refinery has announced the increment of the pump price of Premium Motor Spirit (PMS) from its gantry N699 per litre to N799 per litre.
The new price entails that major dealers of the Dangote fuel including MRS filling stations…
AA Rano Set to Unveil Nigeria’s First Ever Fully Unmanned Digital 24/7 Fuel Stations
One of Nigeria’s leading indigenous oil marketing companies, A.A. Rano Nigeria Limited, has concluded all arrangements to launch Nigeria’s first ever CONTACTLESS fuel station that will serve customers 24/7.
A. A. Rano founded by oil…
President Tinubu Nominates Wike’s Men to Chair Key Oil and Gas Agency Boards
President Bola Tinubu has sent list of nominees for the boards of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and its sister agency, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMPDRA).…
JUST IN: Tinubu Sacks NUPRC, NMDPRA CEOs, Appoints Replacements
President Bola Tinubu has sacked CEO of Nigerian Upstream Petroleum Regulatory Commission , Engr. Gbenga Komolafe and counterpart in the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr. Farouk Ahmed.
In…
Dangote’s Allegations Against Me ‘Wild and Spurious, ‘ But I Won’t Engage in…
Mr. Farouk Ahmed, the Authority Chief Executive of the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has described the allegations leveled against him by the President of the Dangote Group, Mr. Aliko Dangote as…
ICPC Confirms Receipt of Dangote’s Petition Against NMDPRA Boss, Farouk Ahmed
The Independent Corrupt Practices and Other Related Offenses Commission (ICPC), on Tuesday confirmed receipt of a petition against the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority …
Appraising Regulatory Excellence Through Komolafe’s Lens
By Ibrahim Idris
When the momentous task of leading a constituted regulatory edifice like NUPRC is entrusted to a single person, the world expects two things: fidelity to statutory duty and demonstrable outcomes. In Nigeria’s…