Category: Oil & Gas
NNPC to hand over Warri, Kaduna refineries to private operators
The NNPC, in a notice on its website, said this was to ensure reliability and sustainability to meet the nation’s fuel supply and energy security obligations.
Nigerian Govt vows to honour $5b African Energy Bank host country agreement
Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri has pledged that Nigeria would honour the host country agreement for the $5billion African Energy Bank. The African Petroleum Producers Organization (APPO) asked the federal government of Nigeria to honour the host countries’ agreement with the bank. Nigeria won the hosting right for the $5billion…
Dangote Refinery awesome, mind-blowing, say engineers, as company prepares for PMS rollout
Margaret Oguntala described the facility as “mind-blowing”. She added that the refinery project from construction to employment, gives her hope and assurance that young Nigerian engineers are ready to take up the world.
NNPC has no funds to fix old pipelines, says FG
The reason why pipeline vandalism is very easy to do is because the pipelines have all expired they completely corroded and so, anybody can just go and tap it and the thing is busted.
Group warns Ogoni youths against threats to disrupt Shell-operated Trans Niger Pipeline
I want to call on our youths to desist from issuing threats as a means of achieving their goals. If there are issues, we should explore all peaceful means to dialogue and get things resolved.
Naira crude sale to Dangote, others begin October 1
The Federal Executive Council approved that the 450,000 barrels meant for domestic consumption be offered in Naira to Nigerian refineries, using the Dangote refinery as a pilot.
Seplat to expand investment in gas space with CNG consideration
Seplat Energy is also looking to invest in Compressed Natural gas, CNG, projects in support of the government’s CNG initiative.
NNPCL demands N4.7tn petrol imports refund
By Damilola Aina The Nigerian National Petroleum Company Limited has demanded a refund of N4.71tn from the Federal Government to settle outstanding debts used to import Premium Motor Spirit, popularly called petrol, into the country. The claim was listed as “Exchange rate differential on PMS and other joint venture taxes” on petrol products imported by…
Tinubu orders NNPC to sell crude oil to Dangote Refinery in Naira
Bayo Onanuga, made this known in a post via his official X handle on Monday.
Reps vow to demand sack of NNPCL CEO, Kyari over Dangote Refinery
We have been seeing many demarketing campaigns to discredit the Dangote Petroleum Refinery, and given the negative impact of this, which has caused panic in the country.