Oil & Gas
Dangote dismisses speculation of N600/litre fixed petrol price
Ahead of the expected commencement of petrol release to Nigeria’s market this month, Dangote Petroleum Refinery has reacted to headlines announcing “Marketers Project N600/litre for Dangote Petrol” published by a national newspaper of Tuesday August 13,2024, saying it was a mere speculation. A statement by Anthony Chiejina, Group Chief Branding and…
Read More »Kyari Urges Military to Sustain Onslaught Against Crude Oil Theft
The Group CEO of NNPC Ltd., Mr. Mele Kyari, has called on the military to sustain the war against crude oil theft and pipeline vandalism saying the current onslaught against the menace has yielded improved growth in the nation’s crude oil production. Kyari made this appeal when he received in…
Read More »NNPC Ltd says it should be counted out of any claims of economic sabotage
The Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari 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…
Read More »Senate queries $1.5b spent on P/Harcourt Refinery with little or no result
By Abiodun Folarin The Senate has raised concern over 1.5 billion dollars approved in 2021 for the turn-around maintenance of the Port Harcourt Refinery with little or no result. Sen. Opeyemi Bamidele, Chairman, Senate Ad Hoc Committee to Investigate the Alleged Economic Sabotage in the Nigerian Petroleum Industry, raised the…
Read More »NNPCL introduces new crude oil grade, Utapate into international oil market
The NNPC Ltd has announced the introduction of Utapate crude oil blend, a new crude oil grade into the international crude oil market. A statement by Olufemi O. Soneye, Chief Corporate Communications Officer NNPC Ltd said, from Oil Mining Lease (OML) 13, fully operated by NEPL, NNPC Ltd’s upstream subsidiary,…
Read More »Seplat Energy Rising to Nigeria’s Energy Challenge
Seplat Energy Plc, foremost Nigerian independent energy company, says it is rising to the challenge of energy deficit in Nigeria through its new critical projects, which are capable of taking the company’s gas processing capacity to 850 Million standard cubic feet per day (MMscfd) consolidating the company’s position as a…
Read More »Dangote: Our Refinery is having repeated orders from abroad
*Demarketing of a company by a regulator that it is supposed to protect it, is very unfortunate – Dangote *Urges National Assembly to test all available products from Standard laboratory to disclaim NMDPRA’s assertions *This remarkable achievement does not merely reflect corporate success; it symbolises national pride – Rt. Hon.…
Read More »Oil Production: National Assembly Pledges Support to NNPC Ltd
The National Assembly has thrown its weight behind NNPC Limited’s ongoing efforts to boost Nigeria’s crude oil production and grow its reserves, saying it will consider stiffer consequences for crude oil thieves and vandals of the nation’s critical hydrocarbon infrastructure. This was made known when the National Assembly’s Joint Committee…
Read More »NNPC retail Ltd probes “Lubricants-for-Petrol” incident
The NNPC Retail Limited attention has been drawn to a recent video clip on social media concerning its fuel pump attendant coercing customers to purchase lubricants as a prerequisite for purchasing fuel. NNPC Retail Limited said it had launched an investigation into the unfortunate incident and appropriate disciplinary action would…
Read More »NNPC Chief Rallies Judiciary’s Support Against Crude Oil Theft
In order for the oil and gas industry to achieve its full potential as an enabler of national economic and industrial growth, the Group Chief Executive Officer of the NNPC Limited, Mr. Mele Kyari, has called for the support of the judiciary in tackling the twin challenges of crude oil…
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