•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...