President Bola Tinubu and the President of Equatorial Guinea, Teodoro Mbasogo, on Wednesday, in Malabo signed an agreement on the Gulf of Guinea Pipeline Project, further affirming the partnership for mutual development. “The agreement covered legislative and regulatory measures for the gas pipeline, establishment and operation, transit of natural gas, ownership of the gas pipeline, […]Read More
The Nigerian National Petroleum Company (NNPC) Limited has announced a major operation targeting oil thieves, resulting in the seizure of 63 illegal refineries within just one week. In its weekly documentary series “Energy and YOU,” NNPC reported that efforts to combat oil theft had led to the successful confiscation of these illegal refineries. Between August […]Read More
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has denied claims by Dangote Refinery regarding a ‘failure to enforce the domestic crude supply obligation,’ asserting that it facilitated the delivery of over 29 million barrels of crude oil to the company between January and June 2024. The Commission in a statement signed by its management on […]Read More
Dangote Refinery, Africa’s largest oil refinery, has reiterated its challenges in securing adequate crude oil supply for its operations, despite claims of increased allocation from the Nigerian National Petroleum Company (NNPC). In a statement on Thursday, Anthony Chiejina, the Dangote Group’s Chief Branding and Communications Officer, said the refinery primary issue lies with the Nigerian […]Read More
Zarma Mustapha, the Deputy President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), has stated that the Port Harcourt Refinery will meet its deadline and become fully operational this August. During an interview on Channels Television’s *Sunrise Daily*, Mustapha expressed confidence that the refinery’s long-awaited completion will significantly boost the supply of petrol in […]Read More
Mele Kyari, the Group Chief Executive Officer of Nigeria National Petroleum Company (NNPC) Limited, has said the company has not breached any of the enabling laws guiding its dealings with partners, hence should be counted out of any claims of economic sabotage. Kyari, who was addressing the Senate Ad-Hoc Committee investigating alleged economic sabotage in […]Read More
Seplat Energy Plc has committed to leading innovations in Nigeria’s energy sector, especially in the oil and gas industry, through technological advancement. At the just concluded Seplat Technology Summit in Lagos, Roger Brown, the Chief Executive Officer of Seplat Energy, emphasised the vital role of technological advancements in advancing the energy sector. Brown, who was […]Read More
The Federal Government has directed the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to the Dangote Refinery exclusively in naira, in a bid to boost the local currency and promote domestic economic activities. Bayo Onanuga, the special adviser to President Bola Tinubu on information and publicity, said on Tuesday that the Federal […]Read More
Dangote Cement Plc is set to introduce 1,500 Compressed Natural Gas (CNG) delivery trucks into its Nigerian operations, aiming to promote cleaner energy usage in the country. Arvind Pathak, Group Managing Director of Dangote Cement, announced this initiative during the company’s virtual conference call with investors and analysts. “We are acquiring 1,500 CNG trucks and […]Read More
Aliko Dangote, Chairman of Dangote Refinery, erred in depending on the Nigerian National Petroleum Company (NNPC) Limited for crude supply, said Olabode Sowunmi, a consultant to the Nigerian parliament on gas and power, at the Continental Energy Investment Forum 2024 in South Africa. “Dangote made a mistake in the calculation which most businessmen shouldn’t do,” […]Read More
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