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.

May 22, 2026

NMDPRA unveils digital portal to track host community funds
The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has unveiled a digital portal designed to monitor the implementation of the Host Community Development Trust framework Read more…

New OECD figures show climate finance reaching $136.7bn in 2024
New figures from the Organisation for Economic Co-operation and Development show that climate finance provided and mobilised by developed countries rose to USD 132.8 billion in 2023 and USD 136.7 billion in 2024. Read more…

Dangote Refinery targets $100bn revenue milestone by 2030
Nigeria’s industrial heavyweight, Aliko Dangote, has projected that the Dangote Refinery could surpass a $100 billion revenue target by 2030, a figure that would mark the highest corporate earnings ever recorded by an African company. Read more…

EemsGas project receives commitment for €150m operating subsidy for green gas production
EemsGas Project – with an investment of €100 million becoming one of the largest production facilities for biomethane (green gas) in the Netherlands – has received an SDE++ subsidy grant from the Netherlands Read more…

Wind, solar surpass gas in global power generation for first time
Global electricity production recorded a historic shift in April 2026 as wind and solar power together overtook gas-fired generation for the first time on a monthly basis, Read more…

Nigeria’s rig count drops 41.7% as oil drilling slows
Nigeria’s oil exploration and drilling activities suffered a sharp setback in April 2026 as the country’s rig count plunged by 41.7 per cent, raising fresh concerns over upstream investment, Read more…

Every $10/bbl oil rise can cut 0.5pp off GDP growth in major oil-importing economies
Escalating disruptions across key Middle East maritime corridors are tightening global energy supply and keeping a higher risk premium embedded in crude markets. Read more…

Local crude supply to Dangote jumps 103% as imports crash
Nigeria’s domestic refining drive gathered fresh momentum after crude oil supply from the Federal Government, the Nigerian National Petroleum Company Limited (NNPCL) and international oil companies (IOCs) to local refineries surged by more than 103 per cent within four months. Read more…

Axxela gets new GCEO, CFO
Axxela Limited has confirmed the retirement of its Group Chief Executive Officer (GCEO), Timothy Ononiwu, having attained the company’s official retirement age, after nearly a decade of distinguished service. Read more…

Oil prices rise as U.S. stockpiles fall amidst supply risk
Oil prices rose yesterday as a sharper-than-expected decline in US crude inventories reinforced concerns over tightening supply. Read more…

‘How NLNG Train 7 is propelling Nigerian content, industrial growth’
The Nigeria LNG Limited (NLNG) says its Train 7 project is a catalyst for Nigerian Content development and industrial growth. Train 7 remains one of Nigeria’s largest ongoing energy investments. Read more… Read more…

Electricity metering rate rises to 58.57% in February
With the aid of the free-of-charge World Bank $500 million Distribution Sector Recovery Program (DISREP), electricity metering rate rose to 58.57% in February 2026 from the 57.93% recorded in January 2026, Read more…

Private placement for Dangote Refinery pulls over $2bn commitments ahead of IPO
Investor appetite for the proposed listing of Dangote Petroleum Refinery & Petrochemicals has surged beyond $2 billion in private placement indications, Read more…

NUPRC warns public of fake social media accounts impersonating CEO Oritsemeyiwa Eyesan
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has released an official notice warning the public about impostors pretending to be its Commission Chief Executive, Mrs. Oritsemeyiwa Eyesan, across multiple social media sites. Read more…

AFARA launches an Africa-wide accelerator in Lagos to build bankable Women-Led Energy Projects
A new accelerator targeting Africa’s chronic underinvestment in women-led infrastructure has launched in Lagos, aiming to mobilize $1 billion and scale 50 female-owned energy and infrastructure businesses in five years. Read more…

Seplat Energy targets 200,000 boepd by 2030 after MPNU deal drives 148% production jump
Seplat Energy Plc, a leading indigenous Nigerian energy company listed on the Nigerian Exchange Limited and the London Stock Exchange has set a clear five-year growth path to 200,000 barrels of oil equivalent per day by 2030, Read more… Read more…

MainPower cautions Enugu residents over encroachment of electrical facilities
MainPower Electricity Distribution Limited (MEDL) has cautioned residents of Enugu State to stay away from high-tension towers, poles, and power lines, Read more…

Chinese investors may acquire 51% stake in PH, Warri refineries
The Nigerian National Petroleum Company Limited is considering an NLNG-style equity partnership that could hand Chinese investors a majority stake of about 51 per cent in the Port Harcourt and Warri refineries as part of a broader plan to rehabilitate and commercially reposition the facilities. Read more…

Tetracore signs deal to build gas plant in Ogun
Tetracore GTL Limited, a subsidiary of Tetracore Energy Group, has signed a Memorandum of Understanding with UK-based Velocys Technologies Limited to support the development of a modular gas-to-liquids facility in Atakabo, Read more…

NDPHC restores 450MW power plant after three-year shutdown
The Niger Delta Power Holding Company has announced the restoration of the 450-megawatt Alaoji Open Cycle Power Plant in Abia State after 36 months of shutdown caused by gas supply disruptions, metering disputes, Read more…

DisCos install 241,590 meters amid billing complaints
Electricity distribution companies installed 241,590 meters across Nigeria in the first two months of 2026 amid ongoing efforts to reduce estimated billing and close the country’s metering gap. Read more…

Crude drops to $102 on possible US-Iran peace deal
Oil prices dipped further on Thursday as United States President Donald Trump awaited Iran’s response to the latest US peace proposal. Read more…

Industrialists push for power sector overhaul
The recent leadership change at the Federal Ministry of Power has sparked cautious optimism among manufacturers and small business operators, who have long struggled with chronic electricity instability in the country. Read more…