Author: uzo.nzeogu

The escalating row between Dangote Petroleum Refinery and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has reignited old tensions in the downstream sector, exposing deep-seated fears about market dominance, policy inconsistency and the future of deregulation. The post As downstream tensions test Nigeria’s energy reforms, market concerns appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has withdrawn approval for French oil major TotalEnergies’ proposed sale of a 10 per cent stake in Shell Petroleum Development Company of Nigeria Limited (SPDC) to Mauritius-based Chappal Energies, citing unmet financial obligations The post NUPRC withdraws approval for TotalEnergies’ $860m SPDC stake sale appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have rejected alleged plans by the Federal Government to divest significant stakes in Joint Venture (JV) oil and The post NUPENG, PENGASSAN reject FG’s planned sale of JV oil assets appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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