… reveals crude oil sales in Naira to Dangote, other domestic consumers begin October 1, 2024 Thelma Tokunbo The Federal Government has announced that the first Premium Motor Spirit (petrol) delivery from the Dangote Refinery is expected in…
… denies subsidy payment, says it was only taking care of PMS importation shortfall … cites distribution, logistics challenges as causes of fuel scarcity in Lagos, Abuja Oredola Adeola The Nigerian National Petroleum Company (NNPC) Limited, in its 2023 Audited…
… we did not discharge 200,000 metric tons of PMS into our facility in July 2024 – Akinola, Matrix Spokersperson Oredola Adeola Matrix Energy Group has asserted that its imported petroleum products meet the specifications set by the Nigerian Midstream…
.. refutes claims of non-remittance, affirms regular tax payments to Federation Account Thelma Tokunbo The Nigerian National Petroleum Company Limited (NNPC Ltd.) has refuted a media report claiming that the company owes international oil traders $6.8 billion and has not…
…signs new MoU with Equatorial Guinea Oredola Adeola President Bola Tinubu and Equatorial Guinean President Teodoro Obiang Nguema Mbasogo in Malabo signed an agreement on Gulf of Guinea pipeline project paving the way for the commercialization of Nigerian gas untapped…
Oredola Adeola The Ministry of Petroleum Resources has officially confirmed its participation in the upcoming 2nd edition of the Gas Investment Forum, set to take place in Lagos this October, as part of its ongoing commitment to advancing Nigeria’s gas…
…General Musa unveils anti-crude oil theft Monitoring Team to liaise with NNPCL, stakeholders Thelma Tokunbo Mr. Mele Kyari, Group CEO of the Nigerian National Petroleum Company (NNPC) Limited, has announced that Nigeria has reached a new peak in oil…
… gears up for a promising 2024, focuses on strategic investments, expansion of gas infrastructure Oredola Adeola NIPCO PLC, one of Nigeria’s leading downstream oil and gas companies, has recorded a 69 percent increase in turnover for the fiscal year…
…. secures $105.33m out of total of $876.26 million at a rate of N1,495/$1 Oredola Adeola The Dangote Oil & Gas Company Limited received $5.33 million for the importation of gasoil and low-pour fuel oil (LPFO), during the most recent…
… reaffirms active enforcement of PIA Section 109 for Domestic Crude Supply to Dangote, others, on ‘willing buyer, willing seller’ basis … Dangote Refinery secures 29,047,098 barrels (90.6%) of domestic crude supply in H1 2024 … PH, Warri, 7 other…
