•NNPC distribution truck The Nigerian National Petroleum Company Limited may begin the supply of crude oil in naira to the Dangote Petroleum Refinery this week following the announcement by the federal government that the naira-for-crude deal has commenced. Also, following the promise by the government, three more refineries are getting set to...
The Nigerian National Petroleum Company Limited says it is seeking to engage reputable and credible Operations and Maintenance companies, to operate and maintain the Warri Refining and Petrochemical Company and the Kaduna Refining and Petrochemical Company. This was disclosed in a statement today on its official X handle. The Warri refinery lo...
•Dangote refinery Some local refinery operators have lamented that the announcement made by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, stating that the federal government would continue to import fuel, shows that the government had taken sides against local refineries. The operators, under the aegis of the Crude Oil ...
•Illegal crude oil refinery The Nigerian Navy has continued its onslaught on crude oil theft in the country with the destruction of illegal refining sites in Bayelsa and Delta States yesterday, Wednesday, June 19. In a release yesterday, the Navy said its Forward Operating Base (FOB) FORMOSO discovered and deactivated a newly established illeg...
•Dangote Refinery The Dangote Petroleum Refinery is to supply fuel to about 150,000 retail outlets operated by the Independent Petroleum Marketers Association of Nigeria following a meeting between the management of the refinery and executives of IPMAN. Last week Monday, it was reported that IPMAN had scheduled a meeting with the management of...
•Tinubu Nigeria’s long wait for local refining of petroleum products and overhaul of the downstream segment of the oil and gas industry is faltering on political points fueled by President Bola Ahmed Tinubu and feted by the ‘commercialised’ Nigerian National Petroleum Company Limited (NNPCL). While technical, science, engineering and business ...
•Crude oil Operators of the Oza oil field, Decklar Resources Inc., and its co-venturer, Millennium Oil and Gas Company Limited, said they have delivered 75,500 barrels of crude till date to two modular refineries in Edo State. The two refineries are the Edo Refinery and Petrochemical Company (ERPC) facility in Ologbo, Ikpoba Okha Local Governm...
•Kyari appears before Senate Forty eight hours after being summoned by the Senate, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has now appeared before the joint committee on appropriations. The Senate had issued a 24-hour ultimatum on Wednesday to the NNPCL boss after an obser...
The Nigerian National Petroleum Company Limited (NNPCL) may begin importation of 110, 000 barrels of crude oil per day from Venezuela or Saudi Arabia to operate the Kaduna Refinery due to come on stream next year. Also, the Dangote, Bua and other refineries may be forced to import about 1.322 million barrels of crude oil […]
Tagging their move as another avenue to cash out from the nation’s resources after possibly wasting time on the exercise, civil society organisations, oil and gas experts as well as legal practitioners yesterday, said the move by the Senate to recover the alleged over N11.3 trillion spent on the nation’s moribund refineries as Turn Around [&he...