Browsing Tag
Energy Policy
20 posts
House Committee Mediates Between Importers and Refiners to Advance Petroleum Reforms
The House of Representatives is mediating talks between petroleum importers and domestic refiners to harmonize policies and ensure a stable fuel supply chain in Nigeria.
Prime Minister Burnham begins term with policy shifts and regional focus
Prime Minister Andy Burnham is prioritizing North Sea oil production and regional devolution while placing a pause on early prison releases during his first week in office.
31 Companies Secure 37 Oil and Gas Block Licenses in Latest Licensing Round
Nigeria has awarded 37 oil and gas blocks to 31 different companies following the 2025 licensing bid conference in Abuja.
IPMAN Challenges NMDPRA Import Permits as Local Fuel Prices Remain Competitive
IPMAN has petitioned the NMDPRA to reconsider petrol import licenses, arguing that locally refined fuel is cheaper and more sustainable than increasingly expensive imported supplies.
Revitalizing the Nigerian Oil Sector: NUPRC’s Strategic Transformation
Under the leadership of Oritsemeyiwa Eyesan, the NUPRC is boosting Nigeria's oil sector through regulatory reforms, increased production, and a push for greater transparency and international investor engagement.
Andy Burnham to unveil North Sea drilling strategy upon taking office
Incoming Prime Minister Andy Burnham plans to address the future of North Sea oil and gas drilling as part of an initial wave of government policy shifts.
Nigeria Suffers 3,100 GWh Power Loss Due to Gas Flaring
Nigeria lost 3,100 GWh of potential power generation in May 2026 as inconsistent data between regulatory agencies highlights the ongoing failure to curb gas flaring despite government initiatives.
Nigeria Lost $1.5 Billion to Gas Flaring in 2024, Says German Envoy
German Ambassador Annett Günther reported that Nigeria flared 5.3 billion cubic metres of gas in 2024, costing the nation $1.5 billion, while outlining new initiatives to repurpose this waste for economic growth.
OPEC+ Increases Oil Quotas as Regional Tensions Ease
Seven OPEC+ nations are raising oil production quotas by 188,000 barrels per day beginning in August 2026 as shipping through the Strait of Hormuz recovers.
NMDPRA Plans Import Permits to Tackle LPG Supply Shortfall
The NMDPRA aims to stabilize domestic LPG prices and bridge a projected 165,000-metric-tonne supply gap by issuing import permits and redirecting exported gas back to local markets.