Somalia Opens Oil Sector To U.s. Firms As Force MaWednesday, April 16, 2025
Somalia 39;s Ambassador to the United States, Dahir Hassan Arab, announced on Tuesday that the country is officially open for oil drilling and exploration, inviting U.S. energy companies to re-engage in Somalia 39;s hydrocarbon sector. In a post on social media platform X, Ambassador Arab wrote ...
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Naira-for-crude Oil Deal With Dangote Refinery, Others Will Continue— FGWednesday, April 9, 2025
The federal government has assured that the naira-for-crude oil deal with local refineries will continue after the first phase ended on March 31. The Ministry of Finance made this known after a meeting between the technical sub-committee on the crude and refined product sales in naira initiative ... |
Dangote Refinery Suspends Sale Of Petrol In Naira To MarketersWednesday, March 19, 2025
Dangote Petroleum Refinery has announced suspension of sale of petroleum products in naira for marketers. This was announced in a notice sent to petroleum marketers, as obtained on Wednesday afternoon. The notice read, ldquo;We wish to inform you that, Dangote Petroleum Refinery has temporari ... |
Email Exposes Dangote Behind Smear Campaign Against NNPCL, Kyari, National RefinTuesday, February 18, 2025
Nigerian businessman, Aliko Dangote and his company, Dangote Group, have been exposed as the alleged masterminds behind a deliberate smear campaign targeting the Nigerian National Petroleum Company Limited (NNPCL), its Group CEO Mallam Mele Kyari, and the newly overhauled national refineries. For ... |
NNPC Ltd Recruitment Exercise Concluded, Promises Transparent SelectionTuesday, February 18, 2025
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the successful conclusion of its recent recruitment drive. In a statement issued by the Chief Corporate Communications Officer Mr. Olufemi Soneye on Monday, the national oil company expressed satisfaction with the process an ... |
NNPCL Blames Vandals For Buguma Wellhead Fire, Pledges To Combat Economic SabotaTuesday, January 21, 2025
The Nigerian National Petroleum Company Limited (NNPC Ltd) has attributed the recent fire outbreak at Buguma Wellhead 008 to the handiwork of those involved in pipeline vandalism. Mr. Olufemi Soneye, the Chief Corporate Communications Officer of NNPC Ltd, stated that the vandals attempted to comp ... |
Warri Refinery Commences Operations In Delta—NNPCLMonday, December 30, 2024
The Nigerian National Petroleum Company Limited (NNPCL) has announced that the Warri Refining and Petrochemical Company (Warri Refinery) has partly commenced operations. This development comes shortly after the Port Harcourt Refinery began its 60,000-barrel-per-day operations. The Group Chief ... |
NNPCL Secures $1bn Crude-Backed Loan To Support Dangote RefineryWednesday, December 18, 2024
The Nigerian National Petroleum Company Limited (NNPCL) has announced securing a $1 billion crude-backed loan to aid the development of the 650,000 barrels-per-day Dangote Petroleum Refinery. The revelation came during the Energy Relations Stakeholders Engagement held in Abuja on Monday, where Ch ... |
President Tinubu Applauds Shell, Partners On $5 Billion Bonga North InvestmentWednesday, December 18, 2024
President Bola Ahmed Tinubu has hailed the Final Investment Decision (FID) by Shell and its partners for the $5 billion Bonga North Deep Offshore Field, marking Nigeria rsquo;s first deepwater oil development in over a decade. Announced in a statement by the President rsquo;s Adviser on Informati ... |
FG Has Fulfilled Agreement With Us To Ensure Port Harcourt Refinery Works— NLC PThursday, December 12, 2024
The President of the Nigeria Labour Congress, Joe Ajaero, has described the commencement of operation at Port Harcourt Refinery as fulfillment of agreement on the part of the federal government. The NLC President made this known on Monday, December 9 after top leaders of the organised labour unio ... |