Tag
NMDPRA
The Dangote Refinery in Lagos is in discussions with Libya to import crude oil for its 650,000 barrels per day plant as it increases production.
Africa’s wealthiest man, Aliko Dangote, has announced his willingness to sell his multibillion-dollar oil refinery to the state-owned energy company, NNPC Limited.
The Chief Executive Officer (CEO) of Dangote Refinery, Aliko Dangote, has reacted to the allegations by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) that the refinery is producing products of low quality.
Dangote Industries Limited (DIL) has condemned an online report criticizing the quality of its products, adding that its refined diesel is 80% superior to those currently imported into Nigeria.
The Nigerian National Petroleum Company Limited (NNPC Ltd.) announced that fuel stations will extend their operating hours to improve the supply and distribution of petrol.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has denied the claim made by the leadership of Dangote Refinery that there is imported dirty fuel in the country.
The Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin, said the indiscriminate licensing by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to traders is aiding the importation of “dirty” diesel and jet fuel into the country.
Geregu Power Plc has forecasted a profit after tax of N9.9 billion for Q3 2024, representing a 148% year-on-year increase from the N3.98 billion net income posted in Q3 2023.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has set a new 2024 base gas price for companies in the power sector and commercial users.
The Federal Government has banned the exportation of Liquefied Petroleum Gas (LPG) also known as cooking gas in order to increase the volume of supply and crash the prices across the country.
The Nigerian Association of Road Transport Owners (NARTO) says it has directed all its members to withdraw their petroleum trucks from product-loading activities from Monday, February 19, 2024.
lPMAN says the over 600% increase in tariffs from the NMDPRA between 2020 and 2023 is affecting the cost of petroleum across the country.