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Industry expert, Capt. Iheanacho, opposes Otedola’s call to dismantle petroleum depots in Nigeria
September 4, 2024DownstreamMidstreamNewsOil & Gas

Industry expert, Capt. Iheanacho, opposes Otedola’s call to dismantle petroleum depots in Nigeria

… warns depots absence in value-chain will cripple fuel supply … insists petroleum products depot owners crucial in Dangote petrol delivery Oredola Adeola Capt. Emmanuel Iheanacho, Chairman of Integrated Oil and Gas Ltd. has voiced strong opposition to recent comments…

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Aliko Dangote unveils first sample of petrol as Dangote refinery begins petrol production
September 3, 2024DownstreamMidstreamNewsOil & GasSustainability

Aliko Dangote unveils first sample of petrol as Dangote refinery begins petrol production

… announces petrol could reach filling stations in 48hrs, price to be set based on FG agreement Femi Otedola hails Dangote, urges MEMAN, DAPPMAN, others to prepare for depot dismantling amid market shifts NMDPRA says Dangote refinery to supply 25m…

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UPDATED: NNPCL raises PMS pump price to N855-N897 per liter 
September 3, 2024DownstreamNewsOil & Gas

UPDATED: NNPCL raises PMS pump price to N855-N897 per liter 

…petrol marketers shut station, marketers brace for ₦1,000/litre …scarcity bites harder   Oredola Adeola In an internal circular distributed on September 3, 2024, the Nigerian National Petroleum Company Limited (NNPCL) announced an upward review of its Premium Motor Spirit (petrol)…

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PETAN pledges to empower Uganda’s oil, gas sector with training investments
August 26, 2024DocumentaryDownstreamLocal ContentMidstreamNewsOil & GasService CompanyUpstream

PETAN pledges to empower Uganda’s oil, gas sector with training investments

… recommends strategic investments in training programmes to accelerate employment growth in Uganda   Thelma Tokunbo Petroleum Technology Association of Nigeria (PETAN) has pledged to support Uganda’s budding oil and gas industry through human capacity development initiatives, calling for investments in…

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 Nigerian Content in oil, gas reaches 54% in 2023, NCDMB targets 70% by 2027 – Engr. Ogbe, ES
August 22, 2024DocumentaryEnergy TransitionFinanceImpactLocal ContentMaritimeNewsOil & Gas

 Nigerian Content in oil, gas reaches 54% in 2023, NCDMB targets 70% by 2027 – Engr. Ogbe, ES

… lists gains of NOGIDC Act, charges Namibia to prioritise local content Oredola Adeola Engr. Felix Ogbe, Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) announced that by the end of 2023, the country had reached a…

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First petrol delivery from Dangote Refinery expected in September- FG confirms 
August 19, 2024DownstreamLocal ContentMidstreamNewsOil & Gas

First petrol delivery from Dangote Refinery expected in September- FG confirms 

… 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…

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Matrix Energy Group reaffirms commitment to quality, integrity amidst dirty petrol import allegations
August 18, 2024DownstreamMaritimeMidstreamNewsOil & GasUpstream

Matrix Energy Group reaffirms commitment to quality, integrity amidst dirty petrol import allegations

… 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…

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Nigeria achieves highest crude oil production in 3 years, thanks to military’s anti-theft efforts – Kyari, NNPCL GCEO
August 14, 2024MidstreamNewsOil & GasOil theftSabotageUpstream

Nigeria achieves highest crude oil production in 3 years, thanks to military’s anti-theft efforts – Kyari, NNPCL GCEO

…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…

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NIPCO PLC achieves 69% turnover increase in 2023 despite product, FX challenges
August 12, 2024DownstreamEnergy TransitionGasMidstreamNewsOil & Gas

NIPCO PLC achieves 69% turnover increase in 2023 despite product, FX challenges

… 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…

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NNPC Ltd denies sabotage allegations against domestic refiners, asserts legal compliance, fair practices
August 8, 2024DownstreamMidstreamNewsOil & GasUpstream

NNPC Ltd denies sabotage allegations against domestic refiners, asserts legal compliance, fair practices

“Refining business is a straightforward business which any investor should know before coming into the market” Kyari informs Senate Committee  Oredola Adeola The Nigerian National Petroleum Company Limited (NNPCL) asserted that it has not sabotaged any domestic refineries or violated…

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