MEMAN stands for Major Energies Marketers Association of Nigeria. An energy industry association comprising 11 Plc (formerly Mobil), Ardova Plc, Conoil Plc, MRS Oil Nigeria Plc, NNPC Retail Limited, and TotalEnergies Marketing Nigeria Plc.

What sectors does MEMAN focus on?

MEMAN focuses on the oil, gas, and renewable energy sectors, with specific emphasis on CNG and LPG for gas, solar energy and ethanol for renewable energy.

How does MEMAN promote transparency in the energy industry?

MEMAN promotes transparency by providing up-to-date information on fuel prices, stock market prices, and industry news on our website. We also engage in regular advocacy for compliance with industry regulations and ethical practices.

What is the purpose of MEMAN’s Competency Centre?

The Competency Centre is dedicated to fostering knowledge and skills within the energy industry, offering training, resources, and industry insights to help professionals stay informed and compliant with the latest standards and regulations.

How does MEMAN contribute to sustainable energy solutions?

MEMAN advocates for cleaner and more sustainable energy solutions through the promotion of natural gas (CNG & LPG), solar power and biofuels like ethanol. We also work closely with partners to encourage the adoption of renewable energy practices in Nigeria.

How can I stay updated on MEMAN’s activities and industry news?

You can stay updated by visiting our website, where we provide regular updates through our industry news, Competency Centre Bulletin, and weekly reports. You can also subscribe to our mailing list by registering at the competency centre, for direct updates.

How does MEMAN ensure compliance with industry standards?

MEMAN advocates for strict adherence to industry regulations and ethical practices. We provide guidance and resources to help companies stay compliant and regularly engage with regulatory bodies to influence positive change in the industry.

How can I get involved with MEMAN?

You can get involved with MEMAN by participating in our training programs, attending our webinars, subscribing to our newsletter, or collaborating with us on projects that align with our mission of promoting transparency and sustainability in the energy industry. You can also apply to become a member by going to our membership page.

Industry News

Our industry news page curates and displays headlines along with brief descriptions of the latest developments in the oil, gas, and energy industry in Nigeria. The content is sourced from various media outlets across the country, offering a comprehensive overview of the sector’s current events and trends.

June 24, 2026

‘Grid fragility to worsen in Q3 as gas producers bypass DisCos’
Nigeria’s electricity supply chain is heading for a structural fracture in the third quarter of 2026, as gas producers increasingly divert molecules away from the struggling national grid and towards creditworthy industrial consumers, Read more…

Sub-$80 oil tests Nigeria’s deregulation resolve
Nigeria’s energy sector is entering the third quarter of 2026 pinned between the anvil of softening global crude prices and the hammer of domestic security-driven cost inflation, Read more…

NMDPRA blames marketers for cooking gas price hike
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has accused wholesalers and retailers of charging non-cost reflective prices, Read more…

Lagos, GACN seal gas supply deal
The Lagos State Government yesterday moved to advance its plan to deliver 6,000 megawatts (Mw) of electricity, signing a strategic framework agreement with the Gas Aggregator Company Nigeria Ltd/Gte (GACN) to secure gas for power projects at significantly lower cost. Read more…

PMS responds to falling crude oil price, as ex depot price drops
Crude oil price continued its fall in the international market yesterday with the Brent trading at $77.19 and West Texas Intermediate (WTI) selling at $73.39 per barrel. Read more…

NRGI seeks unified approach to measuring methane emissions
Owing to Nigeria’s commitment to reducing methane emissions, the Natural Resource Governance Institute (NRGI) on Tuesday called for a credible, unified approach to measuring them in the country. Read more…

Daystar Power reaches 6.8 Megawatts of installed Solar capacity across West Africa
Daystar Power Group has expanded its renewable energy collaboration with Nestlé across West Africa, with new solar power installations now operational at four manufacturing facilities in Côte d’Ivoire, Read more…

Fed Govt assures shipowners of CVFF disbursement
The Federal Government has assured indigenous shipowners that the long-awaited Cabotage Vessel Financing Fund (CVFF) will be disbursed. Read more…

JMG commits to industrialization
JMG Limited has reaffirmed its commitment to supporting Nigeria’s industrialization drive through advanced engineering solutions and sustainable energy technologies as the company marks 28 years of operations in the country. Read more…

SEC halts Dangote Refinery’s IPO promotion
Nigeria’s apex capital market regulator Securities and Exchange Commission (SEC) yesterday directed the stoppage of all marketing and promotional activities concerning a purported initial public offering (IPO) by Dangote Petroleum Refinery & Petrochemicals FZE. Read more… Read more…

NUPRC, Defence meet to enhance crude oil production stability
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Federal Ministry of Defence have agreed to deepen collaboration on the protection of Nigeria’s oil and gas infrastructure Read more…

Fuel Supply: NMDPRA grants new import permits to seven oil marketers
Nigeria’s downstream petroleum regulator has approved a fresh round of fuel import permits for major oil marketers as concerns grow over domestic supply level. Read more… Read more…

Dangote Refinery denies claims of fuel export, re-importation scheme
Dangote Petroleum Refinery and Petrochemicals has dismissed allegations that its petroleum products are exported to Lomé, Togo, and subsequently re-imported into Nigeria, describing the claims as false, Read more…

Nigeria Must Shift From Gas Reserves to Gas Access, Industry Leaders Say at ALDG Forum
Industry leaders, policymakers, investors, and development finance institutions have called for urgent action to expand domestic gas access in Nigeria, Read more…

NNPC Ltd cuts petrol price to N1,260
Nigerian National Petroleum Company Limited (NNPCL), has reduced its Premium Motor Spirit (PMS), price seven days after Dangote Refinery adjusted its petrol gantry price. Read more…

TCN announces forced outage on Alaoji 132kV transmission line
The Transmission Company of Nigeria (TCN) says a forced outage occurred on the Alaoji 132kV transmission line at about 3:59 a.m. on Tuesday due to an earth fault and a distance protection failure. Read more…

MEMAN: Reform Nigeria’s Energy Sector Now, Global Tensions Won’t Wait
The Major Energies Marketers Association of Nigeria (MEMAN) has warned that recent geopolitical tensions involving Iran and their impact on global oil markets have exposed the fragility of West Africa’s energy security architecture, Read more…

Nigeria exports N105bn petrol to Togo in three months
Nigeria exported Premium Motor Spirit, popularly known as petrol, worth N105.5bn to Togo in the first quarter of 2026 amid recent revelations that Nigerian fuel marketers are increasingly re-importing Dangote-produced petroleum products Read more…

Investors warned as SEC halts Dangote IPO publicity
The Securities and Exchange Commission has directed capital market operators to immediately halt all promotional activities relating to a purported initial public offering by Dangote Petroleum Refinery & Petrochemicals FZE, Read more…

Crude falls after 19m barrels cross Hormuz Strait
President of the United States, Donald Trump, says a record 19 million barrels of oil flowed out of the Strait of Hormuz on Monday. According to Trump on Tuesday, oil prices are tumbling as a result of the oil flow through Hormuz. Read more…

AON pushes aviation taxes review, S’Africa economic boycott
The Vice President of the Airlines Operators of Nigeria and Founder/Chief Executive Officer of Air Peace, Allen Onyema, has appealed to President Bola Tinubu to establish a committee to review taxes and charges in the aviation sector, Read more…

Labour backs push for decent work agenda
The International Labour Organization has expressed strong support for the Group of Seven Labour and Employment Ministers’ renewed commitment to promoting quality jobs and advancing decent work standards Read more…

FG targets oil theft through youth engagement, community development
The Nigerian Upstream Petroleum Regulatory Commission and the Federal Ministry of Defence have agreed to strengthen collaboration on the protection of Nigeria’s oil and gas infrastructure through a combination of security measures, Read more…

Trump Orders Gas Price Gouging Probe
President Trump has ordered an investigation into possible price gouging at fuel stations, an investigation he announced in a social media post. Read more…

Malaysian Major Makes Gas Discovery in Suriname
Malaysia’s state energy firm Petronas has made a natural gas discovery offshore Suriname, the country’s president said this week, as quoted by Reuters, Read more…