Finally, lifting of petroleum products begins at Port Harcourt …C0NTINUE READING HERE >>> Finally, the Nigerian National Petroleum Company Limited, NNPCL, has concluded plans to commence the lifting of petroleum products from Port Harcourt Refinery. The lifting, which will commence today, Tuesday, November 26, 2024, follows the commencement of operations after many months of rehabilitation. … Read more
Dangote Refinery Crashes Petrol Price …C0NTINUE READING HERE >>> Newsone Nigeria reports that the Dangote Petroleum Refinery, Petrol Chemical Complex, and Fertilizer Plant, has reduced the Premium Motor Spirit (Petrol) price for marketers to N970 per litre. This online news platform understands that Dangote Refinery’s deduction in petrol price was disclosed in a statement issued on Sunday, … Read more
What Government Support for Dangote Refinery Will Do – MAN …C0NTINUE READING HERE >>> Manufacturers Association of Nigeria (MAN) has solicited the support of both Nigerians and the government for Dangote Refinery, to enable it to perform optimally. The support they canvassed will also serve as an impetus for other investors to invest in the … Read more
NNPC ends importation of petroleum, patronizes Dangote Refinery …C0NTINUE READING HERE >>> The Nigerian National Petroleum Company (NNPC) Limited has ended its importation of petroleum products, stating that it is ready to begin patronizing local refineries, including the Dangote refinery. The group chief executive officer of NNPC, Mele Kyari, disclosed this while speaking at the … Read more
Marketers reportedly resume petrol importation as Dangote Refin …C0NTINUE READING HERE >>> Petroleum marketers have reportedly resumed importing petrol to supplement the country’s fuel supply, following the inability of the Dangote Refinery to meet demand. Four vessels carrying 123.4 million litres of Premium Motor Spirit (PMS) arrived at Nigerian seaports between Friday, October 18, and … Read more
Understanding the toxic international petroleum politics in Nigeria – By Magnus Onyibe …C0NTINUE READING HERE >>> The alarm in Nigeria’s oil and gas industry, now blaring loudly, was first sounded by Mr. Tony Elumelu. In 2021, Elumelu invested over $1.1 billion to acquire a 45% stake in the OML 17 oil drilling asset, a venture … Read more