Social Media Ideas for Petroleum Industry Act

Oil Ministry aims to amend Petroleum act to decriminalise minor offences

Accordingly, the Ministry has proposed to amend the Petroleum Act, 1934 through amendment of Chapter three, which relates to “Penalties and Procedure”

Court orders NMDPRA to continue issuing fuel import licences to Matrix, AA Rano, AYM Shafa

The Federal High Court in Abuja has ordered NMDPRA to continue issuing and renewing petroleum products import licences to three major oil marketers, ruling that the regulator’s ref...

Product Testing: NMDPRA, Bureau Veritas, Ace Energy Sign Tripartite MoU

Blessing Ibunge in Port Harcourt The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has signed a tripartite Memorandum of Understanding (MoU) with Bureau...

Drill or Drop: NUPRC Gives Non-performing Oil Licencees Six-week Grace

.Urges them to meet statutory work commitments or lose permits Emmanuel Addeh in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday announced that it was...

Govt Proposes 3-Year Permits, Tighter Safety Rules For Petroleum ISO Tank Transport

New Delhi : The government has proposed allowing up to three-year permissions for importing and transporting petroleum in ISO tank containers and introducing a seven-working-day de...

Oil Firms Decry Long Tender Cycles Delaying Upstream Projects Despite Tinubu’s Directives

• PETAN flags double-digit bank rates, 90-day payment delays stifling capacity Peter Uzoho Indigenous oil and gas service companies have raised alarm over long tender approval cycl...

FG targets tougher rules to curb monopoly, market abuse in petroleum sector

The Federal Government has proposed new regulations through the NMDPRA to curb monopoly, price fixing, and market abuse in Nigeria’s petroleum sector. Read More: https://punchng.c...

Nigeria’s Oil Reserves Sliding To 36bn Barrels over Untapped Frontiers, Idle Assets, NAPE Warns

*Says FG must waive upfront signature bonus, incentivise data acquisition, fast-track marginal fields to replace resevess Peter Uzoho The President of the Nigerian Association of P...

NUPRC announces 2026 licensing round, unveils plans to boost production

The commission also outlined plans to boost crude oil production by restoring more than 788,000 barrels per day of shut-in production and advancing offshore projects worth an estim...

Oil Output: NUPRC Outlines Major Offshore Investment Pipelines

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled a pipeline of major offshore projects with the potential to attract significant new investment into Niger...

Eyesan: NUPRC May Adopt Biannual Licensing Cycles to Raise Oil Output

Sees 4 million bpd production in 10 years Emmanuel Addeh in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) may begin conducting oil licensing rounds twice year...

Court Restrains NMDPRA from Shutting Down, Interfering with Dangote Refinery

•Questions regulatory powers in free zone Wale Igbintade A Federal High Court in Lagos has restrained Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) from...

NMDPRA approves 830,000-tonne petrol imports amid Dangote legal battle

The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has approved petrol import permits covering about 830,000 metric tonnes for multiple oil marketers ahea...

ECC's decision sought on petroleum rights

Ministry prepares summary on sale of Jura Energy's controlling shares for ECC's consideration

CPPE urges NMDPRA to tie petrol imports to verified supply gaps

According to the group, rising petrol imports could undermine domestic refining, investment and foreign exchange conservation if approvals are granted without transparent evidence...

NMDPRA speaks on petrol price rise, regulatory action

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it is aware of the financial pressure caused by the recent increase in petrol prices, but maintai...

Nigeria court compels regulator to grant oil import licenses despite pushback from domestic industry

The Federal High Court of Nigeria in Abuja on Monday ordered the agency tasked with regulating oil imports to issue import licenses to three oil marketing companies despite ongoing...

Refineries to ink plant upgrade deals in 45 days

Cabinet decides energy ministry will enter into agreements with oil refineries, instead of OGRA

CPPE: 234% Surge in Fuel Import Will Discourage Downstream Investment

Says unexplained reversals in import policy increase uncertainty Dangote Refinery to block petrol importers over quality concerns Dike Onwuamaeze and Peter Uzoho  The Centre for th...

The Oil Beneath Our Feet, the Petrol in Our Veins

But when Nigeria earns extraordinary petroleum revenues, a defined portion should return to Nigerians through energy-price stabilisation and investment in the infrastructure that l...

Petros assurance rings hollow amid challenge to Petronas, says Zaid

KUALA LUMPUR, Oct 4 — Former law minister Datuk Zaid Ibrahim says Sarawak premier Abang Johari Openg’s...

Energy policy predictability sought

Petroleum minister discusses storage, supply chain resilience with OICCI

Atiku govt will seek PIA amendment if law blocks production subsidy – Amaechi

The ADC vice-presidential candidate says an Atiku administration would send a bill to the National Assembly if existing petroleum law prevents it from implementing its proposed pro...

Going Solo: Exclusive Operations in Petroleum Joint Ventures—an NOC Perspective