Oil & Gas

Fuel Import Dispute: Vessels Linked To Dangote's B

Monday, September 2, 2024
Two Lagos-bound vessels linked to family members and friends of Dangote Refinery CEO Aliko Dangote are on course to deliver cargoes of imported premium motor spirit (PMS), also known as petrol, from Malta, POLITICS NIGERIA can authoritatively report after reviewing a cache of documents including mar ...

NNPCL To Hand Over Warri, Kaduna Refineries To Private Operators

Friday, August 30, 2024
The Nigerian National Petroleum Company Limited (NNPCL) says it is seeking to engage reputable and credible Operations and Maintenance companies, to operate and maintain the Warri Refining and Petrochemical Company and the Kaduna Refining and Petrochemical Company. This was disclosed in a stateme ...

Growth In Oil Sector GDP Contribution Shows NNPC Strategies Working 

Wednesday, August 28, 2024
The strategies adopted by Nigeria 39;s wealthiest and most profitable company, the Nigerian National Petroleum Company Ltd (NNPCL) to ramp up crude oil production has again proven to be effective after a surprise 3.19 per cent growth in Nigeria 39;s Gross Domestic Product (GDP) which defied expert ...

NNPCL Begins Shipment Of LNG Cargoes To Japan, China

Monday, August 26, 2024
The Nigerian National Petroleum Company Limited (NNPC Ltd.) said it has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered Ex-Ship (DES) basis. Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd in a statement on Monday asserted that NNPC Ltd. ...

You Can’t Force Us To Sell Crude Oil To Dangote, Other Local Refineries— Oil Pro

Wednesday, August 21, 2024
The Independent Petroleum Producers Group (IPPG) has warned Nigerian authorities against being compelled to sell crude oil to the Dangote Refinery and other local refineries in Nigeria. A press statement dated July 31, 2024 by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) had unve ...

Support Swells For Tinubu's Energy Sector Reforms As 120 Lawmakers Back NNPC Ltd

Saturday, August 3, 2024
The reforms being implemented by President Bola Tinubu in the oil and gas sector is getting the positive attention of members of the National Assembly as about 120 members of the House of Representatives are encouraging the Nigerian National Petroleum Company Ltd to continue to embark on measures th ...

Clash Of Titans: Dangote’s Battle Against The Oil Mafia Amidst Fiery Setbacks

Thursday, June 27, 2024
In an unfolding saga that reads like a high-stakes thriller, Africa rsquo;s richest man, Aliko Dangote, is embroiled in a fierce struggle which might not be unconnected with a part of the refinery going up in flames as this report is being filed. The business man is up against formidable adversar ...

NNPC Ltd, Joint Partner Begin 12,000bpd Production From Awoba Unit Field

Tuesday, April 23, 2024
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner in the Awoba Unit Field, Newcross Exploration and Production Ltd., have restarted production from the Awoba field which last contributed production to the Bonny Terminal in 2021 and was finally shut down in Feb ...

You Can Now Pay Naira For Crude Oil— FG To  Dangote, Other Domestic Refineries

Tuesday, April 16, 2024
The federal government has complied with the demands of domestic crude oil refiners and other operators in the sector, as it declared on Monday that indigenous refineries can now buy crude oil in naira or dollars. It also declared that the total crude oil and condensate reserves in Nigeria increa ...

NCDMB Parleys Chevron, Recommits To Fast-Track Approvals Of Oil Industry Project

Monday, March 18, 2024
The Nigerian Content Development and Monitoring Board (NCDMB) has restated its commitment to accelerated approvals of requests and documents submitted to it by operating oil and gas companies. The goal is to ensure speedy development of oil and gas projects and contribute to increased oil production ...
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