… commits to establishing over 100 new CNG stations in 2025, including 16 through JV with NIPCO … plans to build three LNG stations Oredola Adeola The Nigerian National Petroleum Company Limited (NNPCL) has accelerated its nationwide deployment of Compressed…
Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC Ltd) has reaffirmed its commitment to fostering Nigeria’s industrialization by providing the needed support for the development of numerous power plants along the Ajaokuta, Kaduna, and Kano gas pipeline corridors. Mr.…
… says competitive fiscal regime being negotiated with Shell, Total Energies, ExxonMobil, Chevron, to unlock 700,000 bpd in short, medium term Oredola Adeola Nigeria’s daily production of 1.3 million barrels of crude oil and 8.5 bcf of natural gas,…
… sets to empower Nigerian importers to use any ECOWAS port with tariffs credited to Nigeria … policy aligns with NIMASA’s plans to localize bunkering services Oredola Adeola The Directors General of Customs from Nigeria, Ghana, Benin, Côte d’Ivoire, and…
… recommend regulatory reform, fair pricing, support to ensure success of Dangote Refinery “Dangote refinery too big to fail… If it fails, Nigeria is bound to bear the consequences in long run” Professor Iledare “Corruption permeates government institutions, Dangote must…
Oredola Adeola The massive $19 billion Dangote Oil Refinery and Petrochemicals in Ibeju-Lekki experienced a fire outbreak on Wednesday, June 26, 2024. This incident comes just days after the management of the 650,000 barrels per day refinery raised alarms…
… claims as of June 2024, average sulfur content in all imported Diesel is below 50/ppm limits … says deregulation of downstream sector allows petroleum marketers to source products freely “We deferred declaration, to allow local refineries continue to…
…alleges DRC’s recent batch of diesel contains 1200/ppm Sulphur contents, exceeds 200/ppm imported by marketers … urges all downstream operators to adhere to PIA 2021, avoid monopolistic practices Oredola Adeola The Depot and Petroleum Products Marketers Association of…
“Nigeria still requires substantial investments in the oil and gas sector” – Tinubu informs GCEO of Standard Chartered Bank Oredola Adeola The Federal Government has confirmed Standard Chartered Bank’s commitment to providing $3 billion in innovative financing…
… faults IOCs for inflating local crude prices by $6 above market rates Oredola Adeola Dangote Oil Refinery and Petrochemicals has raised concerns about its survival, accusing the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of granting licenses…
