The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is actively consulting with industry stakeholders on a proposed domestic crude oil and gas swap mechanism designed to reduce costs and enhance product availability across the country. Commission Chief Executive Mrs Oritsemeyiwa Eyesan revealed the initiative on Thursday during a courtesy visit to the Nigerian Midstream …
Energy sector stakeholders have called for stronger financing, regulatory convergence, and active cross-border cooperation to establish a transparent regional petroleum pricing hub in West Africa. The call was made during the second edition of the West Africa Refined Fuel Market Conference hosted by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in collaboration with …
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled a new mobile application designed to monitor fuel consumption patterns live across all retail outlets nationwide. The initiative kicked off as a pilot in Abuja and its six Area Councils on Saturday, August 1, 2026. As part of the initial rollout, Mr. Ogbugo Ukoha, …
Leaders and key stakeholders in Nigeria's oil and gas industry have called for deeper collaboration among operators, regulators, investors, and financiers to build a resilient energy sector capable of weathering global disruptions. The appeal came during the 49th Society of Petroleum Engineers (SPE) Nigeria Annual International Conference & Exhibition (NAICE) 2026, held in Lagos on …
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the West Africa Regulators Forum (WARF) have intensified calls for the establishment of an African regional fuel pricing benchmark, arguing that the continent must end its over-reliance on foreign pricing indices that do not reflect local market realities. The call was made during a press …
The average daily supply of Automotive Gas Oil (AGO), commonly known as diesel, rose by 84.3 per cent to 18.8 million litres per day (ML/D) in May from 10.2 ML/D in April 2026. According to the latest data released by the Nigerian Midstream and Downstream Petroleum Authority (NMDPRA), there was zero import of diesel as …
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called for the urgent strengthening of gas distribution networks across the country, warning that Nigeria’s vast reserves are meaningless without the infrastructure to deliver them to end-users. Speaking at the Association of Local Distributors of Gas (ALDG) Business Forum in Abuja, the Authority Chief …
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stepped up its implementation of the Host Community Development Trust (HCDT) framework with the launch of a new digital portal designed to enhance transparency and accountability. The initiative, established under the Petroleum Industry Act (PIA) of 2021, was officially unveiled on Wednesday during a stakeholder …
In a strategic move to boost investor confidence and streamline operations across Nigeria’s energy sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have reaffirmed their commitment to a unified regulatory approach. The commitment was solidified during a high-level meeting at the NUPRC headquarters in Abuja, …
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued a warning that it will sanction any entity operating in the midstream and downstream oil and gas sectors without the required licences, permits, or authorisations. The regulator’s warning is contained in a public notice issued on Sunday, May 17. The notice said the NMDPRA's …
