Category: Oil and Gas

NNPCL plans 20% increase in Dangote Refinery stake

The Nigerian National Petroleum Company Limited on Tuesday disclosed plans to raise its equity stake...

Dangote Refinery supply now exceeds Nigeria’s demand, says official

The Dangote Petroleum Refinery says the supply of petroleum products has now exceeded Nigeria’s demand....

Ex-IPMAN boss backs 15% import duty to protect local refineries

The former National Operations Controller of the Independent Petroleum Marketers Association of Nigeria, Mr. Mike...

Dangote opts for expansion over buying government refineries

President of the Dangote Group, Alhaji Aliko Dangote, has dismissed suggestions that he should acquire...

NNPC seeks technical partners to revive three idle refineries

The Nigerian National Petroleum Company Limited has said that it is seeking technical equity partners...

Fuel subsidy removal marked new deregulation era – MEMAN

The Major Energy Marketers Association of Nigeria says the removal of petrol subsidy marked the...

NUPRC urges Bank of America to fund Nigeria’s upstream oil sector

The Nigerian Upstream Petroleum Regulatory Commission has urged the Bank of America to prioritize Nigeria’s...

Fuel subsidy removal unlocked digital transformation in downstream sector – MEMAN

The Major Energy Marketers Association of Nigeria says the removal of the fuel subsidy has...

15 NMDPRA staff sue PENGASSAN over suspension, caretaker committee

Fifteen staff members of the Nigerian Midstream and Downstream Petroleum Regulatory Authority have sued the...

FG pledges total support for Dangote Refinery’s 1.4m BPD goal

Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, said on Monday that the Federal...

NUPRC reports ₦941bn revenue shortfall in oil, gas sector

Nigeria has recorded a crude oil production shortfall of about 93.74 million barrels in the...

Dangote Refinery plans expansion to become world’s largest

The Dangote Petroleum Refinery has announced plans to expand its capacity from 650,000 barrels per...