The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has launched the 2026 Licensing Round, offering 40 oil and gas blocks to investors. The Commission Chief Executive, Mrs. Oritsemeyiwa Eyesan, announced the round at the NUPRC's fifth anniversary ceremony in Abuja on Tuesday. The event was themed "From Uncertainty to Stability: Unlocking the Next Phase of Investment." …
Nigeria is targeting the transition to a fully deregulated domestic gas market by September 2028, with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) moving to establish measurable conditions for a willing-buyer, willing-seller framework. The NMDPRA Chief Executive, Mallam Rabiu Umar, disclosed this at the Decade of Gas Market Maturity Workshop, where he said …
The Midstream and Downstream Gas Infrastructure Fund (MDGIF) has leveraged ₦671 billion in public funds to attract about ₦1.6 trillion in private capital for 31 midstream and downstream gas projects across Nigeria. The investments, which cover 205 infrastructure assets are expected to add about 475 million standard cubic feet (scf) of gas per day to …
The Petroleum Retail Outlets Owners Association of Nigeria (PETROAN) has ordered its members nationwide to immediately inspect, calibrate and verify their fuel dispensing pumps and totalizers following a directive by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over alleged under-dispensing of petroleum products. The association said the regulator had intensified inspections and enforcement …
The Federal Government has called for sustained investment in Nigeria’s oil and gas industry, identifying policy stability, regulatory certainty, security and faster project execution as critical to keeping the sector competitive amid the global energy transition. The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, made the call on Thursday at the 2026 …
Nigeria's domestic supply of Premium Motor Spirit (PMS), also known as petrol, recovered in August 2026, while imports dropped by 26 per cent. This was primarily driven by the Dangote Refinery operating above capacity. According to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) data, domestic petrol receipts rose 39 per cent month-on-month from …
TotalEnergies has taken the Final Investment Decision (FID) on the development of the Ima offshore gas field, a project expected to supply about one-third of the additional gas required for Nigeria LNG’s ongoing Train 7 expansion. The French energy giant, which holds a 40 per cent stake and operates the project alongside Nigerian partner AMNI …
The Federal Government has approved fresh petrol imports for the fourth quarter of 2026, with six petroleum marketers cleared to bring in a combined 830,000 metric tonnes of Premium Motor Spirit (PMS). The approval by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) extends the petrol import permit arrangement that has been in operation …
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has commenced moves to strengthen competition in Nigeria’s petroleum industry with a new regulatory framework targeting cartels, market dominance and other anti-competitive practices. The Authority disclosed this at a stakeholders’ consultation on the draft Midstream and Downstream Petroleum Prevention of Anti-Competitive Practices and Behaviour Regulations, 2026, …
Nigeria and Indonesia are deepening cooperation in the energy sector, with Indonesia’s state-owned oil company, Pertamina, signalling interest in investment opportunities under Nigeria’s 2026 upstream licensing round. The development followed discussions between the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Chief Executive, Mrs. Oritsemeyiwa Eyesan; Indonesia’s Vice Minister of Foreign Affairs, Arif Havas Oegroseno; and Pertamina’s …
