OIL & GAS
-
Nigeria, Equatorial Guinea sign gas pipeline agreement
President Bola Tinubu and the President of Equatorial Guinea, Teodoro Mbasogo, on Wednesday, in Malabo signed an agreement on the…
Read More » -
Dangote Refinery Refutes Marketers’ Projection On Petrol Price
The management of the Dangote petroleum refinery has stated that it has not fixed the price of the Premium Motor…
Read More » -
NNPCL Postpones P’Harcourt refinery kick-off sixth time
The Port Harcourt Refining Company, a refinery under the management of the Nigerian National Petroleum Company Limited in Rivers State,…
Read More » -
NNPC Lowered Stake In Dangote Refinery For CNG Investment – Official
The spokesperson of the Nigerian National Petroleum Company Limited, Olufemi Soneye, has disclosed that the state-owned energy firm reduced its…
Read More » -
Nigeria’s Crude Oil Production Now 1.3mbpd – OPEC
Nigeria’s average daily crude oil production increased marginally to 1.307 million barrels per day in July, the Organisation of the…
Read More » -
Marketers Project N600/litre For Dangote Petrol
Independent petroleum marketers in Nigeria are hoping that the Dangote Petroleum Refinery will sell its Premium Motor Spirit, popularly called…
Read More » -
Dangote Petrol: Marketers Wait As Delivery Date Extended Again
There are strong indications that the Dangote Petroleum Refinery may not roll out petrol on Monday in line with its…
Read More » -
Edo Refinery Decries NNPCL’s Failure To Supply Crude
The management of AIPCC Energy Limited, operators of the Edo Refinery and Petrochemicals Company Limited, has raised alarm over…
Read More » -
Nigeria Doesn’t Need Fuel Importers Anymore, Refiners Warn
Owners of refineries in Nigeria have said that the country cannot continue to keep the businesses of fuel importers anymore,…
Read More » -
Dangote Refinery Designed To Process Nigerian Crude – CEO
The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, has stated that his $20bn Dangote Petroleum Refinery…
Read More » -
NNPCL Demands N4.7tn Petrol Imports Refund
The Nigerian National Petroleum Company Limited has demanded a refund of N4.71tn from the Federal Government to settle outstanding…
Read More » -
FG Spends $600m On Fuel Importation Monthly – Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the country currently spends…
Read More » -
Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch
The Dangote Refinery is planning to sell a 12.7 per cent stake in 2024 for loan servicing, Fitch Ratings, a…
Read More » -
Naira Crude Sale Yet To Happen – Operators
The Dangote Petroleum Refinery and other domestic refineries have yet to start the purchase of crude oil in naira as…
Read More » -
Dangote Diesel Sulphur Triggers Concern, Marketers Fault Rejection Report
The controversy surrounding the sulphur content in the Automotive Gas Oil, popularly called diesel, produced by the Dangote Petroleum Refinery,…
Read More » -
Hunger Protests: Marketers Stop Fuel Supply, Queues Resurface
Oil marketers have explained that the reappearance of queues at filling stations in many states is because of the halt…
Read More » -
Tinubu Orders Naira Crude Sale, Marketers Project Price Crash
The approval given by President Bola Tinubu for the sale of crude oil to the Dangote Petroleum Refinery in…
Read More » -
Filling Stations Shut, Queues Persist As Depots Ration Fuel
Many filling stations were shut in several states as the queues for Premium Motor Spirit, popularly called petrol, continued on…
Read More » -
Crude Supply: N’Assembly Probes $10bn Oil Theft, Summons NNPC, Dangote
Between January and July 2024, Nigeria lost an average of 437,000 barrels of crude oil daily, worth about $10bn…
Read More » -
FG Warns IOCs Against Disregarding Gas Flare Directives
The Federal Government, on Wednesday, warned International Oil Companies operating in Nigeria to desist from disregarding gas flare directives…
Read More »