Oil & Gas - Page 37

Dangote Refinery To Begin Crude Oil Production By End Of 2024, Seeks Local Oil Supply Solutions

Dangote Refinery To Begin Diesel Exports In June, Gets NMDPRA’s Approval To Refine Petrol

The Dangote Refinery, Africa’s largest, is set to commence the export of diesel meeting European standards in June, alongside the introduction of gasoline into the Nigerian market. This development was confirmed by

Emmanuel Ochayi

May 27, 2024

Business·News·Oil & Gas

Nigeria Customs Seizes 17,580 Litres Of Petrol In Less Than 60 Days

The Nigeria Customs Service, Federal Operations Unit, Zone D, has announced the interception of 17,580 litres of premium motor spirit (PMS) valued at N12.7 million. This operation took place between April and

Emmanuel Ochayi

May 23, 2024

Dangote Refinery: Fueling Nigeria's Economic Resurgence or Monopoly Menace?

Business·News·Oil & Gas

Dangote Refinery Raises Diesel Prices To N1,100 Amid Naira’s Decline

Dangote Petroleum Refinery has increased the price of its Automotive Gas Oil (diesel) from N940/litre to N1,100/litre due to the recent depreciation of the naira against the US dollar. The refinery’s decision,

Emmanuel Ochayi

May 22, 2024

Dangote Sugar Refinery, NASCON Allied, Dangote Rice To Merge

Oil & Gas·Opinion

Dangote To The Rescue

For the first time in about 25 years, Nigerians heard a truly comforting fuel news. The owner of Dangote Refinery, the man himself, Aliko Dangote, assured that Dangote Refinery operations were finally

MARCEL MBAMALU

May 20, 2024

NNPC: Oil Production To Increase To 1.7mbpd Amid Infrastructure Challenges

Business·News·Oil & Gas

NNPC: Oil Production Nears 1.7mbpd Amid Infrastructure Challenges

In an engagement with stakeholders in Lagos, Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), highlighted strides towards enhancing Nigeria’s oil production. From April’s 1.28

Emmanuel Ochayi

May 20, 2024

Business·News·Oil & Gas

Dangote Refinery To Import 24 Million Barrels Of Crude Oil From U.S.

In a move set to bolster its operations, the Lagos-based Dangote Refinery, spearheaded by Africa’s wealthiest entrepreneur Aliko Dangote, has announced plans to procure 24 million barrels of US crude oil over

Emmanuel Ochayi

May 17, 2024

Business·News·Oil & Gas

NNPC E&P, NOSL Begin Oil Production In Akwa Ibom OML 13, Target 40,000 bpd By Month End

NNPC E&P and Natural Oilfield Services Ltd, a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd. (SEEPCO), have begun oil production at Oil Mining Lease (OML) 13 in Akwa Ibom

Victor Ezeja

May 13, 2024

NNPC Seeks New $2 Billion Oil-Backed Loan To Boost Finances

Business·News·Oil & Gas

NNPC: Nigerian Govt Plans Fresh Audit On N2.7tn Fuel Subsidy Claims

The Nigerian National Petroleum Company Limited (NNPCL) is under scrutiny once again as the Federal Government gears up for an audit of the N2.8 trillion fuel subsidy claims. This move comes in

Emmanuel Ochayi

May 9, 2024

Business·News·Oil & Gas

NUPENG Defies Court Order, Continues Illegal Dues Collection At Dangote Refinery

The leadership of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has been accused of disobeying a restraining court order, allowing a factional group to illegally collect dues and levies

Emmanuel Ochayi

May 9, 2024

Business·News·Oil & Gas

Shell Paid Over $1bn In Taxes, Royalties To Nigerian Govt In 2023- Report

Shell Nigeria has disclosed that it has paid a sum of $1.09 billion to the Nigerian government in corporate taxes and royalties for the year 2023. These payments, as outlined in the

Emmanuel Ochayi

May 8, 2024

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Oil & Gas - Page 37

Dangote Refinery To Begin Diesel Exports In June, Gets NMDPRA’s Approval To Refine Petrol

Nigeria Customs Seizes 17,580 Litres Of Petrol In Less Than 60 Days

Dangote Refinery Raises Diesel Prices To N1,100 Amid Naira’s Decline

Dangote To The Rescue

NNPC: Oil Production Nears 1.7mbpd Amid Infrastructure Challenges

Dangote Refinery To Import 24 Million Barrels Of Crude Oil From U.S.

NNPC E&P, NOSL Begin Oil Production In Akwa Ibom OML 13, Target 40,000 bpd By Month End

NNPC: Nigerian Govt Plans Fresh Audit On N2.7tn Fuel Subsidy Claims

NUPENG Defies Court Order, Continues Illegal Dues Collection At Dangote Refinery

Shell Paid Over $1bn In Taxes, Royalties To Nigerian Govt In 2023- Report

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