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Oil & Gas

Nigeria’s Petrol Puzzle: Why Rising Imports Are Returning Despite Expanding Refining Capacity

As Nigeria’s domestic refining capacity expands, reliance on imported petrol is rising again. According to fresh data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), average daily domestic petrol supply fell sharply to 25.8 million litres in July 2026, down from 32.5 million litres in June,  a decline of about 21 percent. At […]

CEO NUPRC, Oritsemeyiwa Eyesan News Oil & Gas

NUPRC weighs crude swap as modular refineries reject local supply

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is considering a crude oil swap arrangement to address the logistical and commercial barriers limiting domestic refineries’ access to locally produced crude oil. Oritsemeyiwa Eyesan, Chief Executive Officer of the commission, said the proposed arrangement would allow oil producers with domestic crude supply obligations to exchange delivery locations, […]

Aradel Refinery News Oil & Gas

After initial pause, Aradel targets 2027 PMS refinery expansion

Aradel Holdings Plc is targeting 2027 for the commencement of Premium Motor Spirit (PMS) production at its 11,000 barrels-per-day modular refinery in Ogbele, Rivers State, as deregulation of Nigeria’s downstream petroleum market opens new opportunities for private refiners. Temitayo Ogunbanjo, General Manager, Refinery, Aradel Holdings, disclosed this in an interview with Bloomberg on the sidelines […]

News Oil & Gas

PETROAN vs NNPC: What the Port Harcourt refinery dispute says about Nigeria’s energy future

On Wednesday, 4 February, Bayo Ojulari, group chief executive officer of the Nigerian National Petroleum Company (NNPC) Limited, reopened a sensitive fault line in Nigeria’s energy sector as he spoke on the uneasy coexistence of private efficiency and public failure in domestic refining. Speaking during a Fireside Chat on Securing Nigeria’s Energy Future at the […]