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    Tag: NMDPRA

    Dec 02
    Nigeria Launches 2025 Oil Licensing Round Targeting $10 Billion Investment and 400,000 bpd Production Boost

    The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially opened the 2025 Licensing Round, offering 50 high-potential oil and gas blocks across onshore, shallow water, deepwater, and frontier basins in a bid to attract approximately $10 billion in new investments and add up to 400,000 barrels per day of crude oil production. Speaking at the […]

    Dec 02
    Dangote Refinery Commits to 1.5 Billion Litres of PMS Monthly Supply to Stabilise Nigeria’s Fuel Market

    Dangote Petroleum Refinery has pledged to deliver 1.5 billion litres of Premium Motor Spirit (PMS) to the Nigerian market in both December 2025 and January 2026, with supplies increasing to 1.7 billion litres in February 2026. The initiative, equivalent to 50 million litres per day starting 1 December 2025 (rising to approximately 60 million litres […]