Category: Oil and Gas

Dangote refinery: Why we reduced our stake to 7.2%, NNPCL reveals

The Nigerian National Petroleum Company Limited has explained why it has only a 7.2% stake...

Minister defends P’Harcourt refinery takeoff delay amid licensing

The Port Harcourt Refining Company is now going through numerous licensing processes following the supply...

NNPCL now has less than 20% share of refinery – Dangote

Dangote Refinery’s CEO, Aliko Dangote, has stated that the Nigerian National Petroleum Corporation Limited no...

Dangote Refinery purchases additional 5m barrel of crude oil – Report

Dangote Refinery is ramping up crude oil production with a purchase of an additional 5...

FG, IOCs agree on crude oil supply to local refineries

The federal government, through the Nigeria Upstream Petroleum Regulatory Commission has secured an agreement with...

No official statement on $2bn crude-backed loan yet – NNPCL

The Nigerian National Petroleum Company Limited, on Wednesday, said it would make an official announcement...

Nigeria’s crude oil production jumps to 1.27m barrels daily – OPEC

Nigeria’s average daily crude oil production in June increased modestly to 1.276 million barrels. This...

NNPC extends fuel stations’ operating hours amid scarcity

Alex Omenye In response to ongoing fuel supply challenges, the Nigerian National Petroleum Company Limited...

OB3 gas pipeline to attract $2bn into Nigeria’s economy — Dangote

The Chief Executives Officer of Dangote group, Aliko Dangote has said the completion of the...

Seplat Energy demand swift divestment process to boost oil, gas output

Seplat Energy Plc, a Nigerian independent energy business listed on the Nigerian and London Stock...

CNG will be 40% cheaper than petrol, say NNPCL

The Nigerian National Petroleum Company Limited has revealed on Thursday that the use of Compressed...

Oando seals assets acquisition deal with Agip

The Federal Government announced the completion of oil asset transactions including the Nigerian Agip Oil...