Dangote Speaks On Petrol Price, Says Fuel Can Hit Stations In 48hrs
Owner of Lagos-based refinery Aliko Dangote, on Tuesday, spoke on the pricing of petrol produced at his 650,000 barrels per day facility.The refinery owner said...
Category : Oil and Gas
Oando to sue individuals, entities spreading false information about NAOC transaction
Oando Plc has warned individuals and entities against spreading false information about the Nigerian Agip Oil Company (NAOC) transaction. In a statement on Monday signed by Ayotola Jagun,...
Dangote Refinery Soon to commence production of Gasoline for Global Markets
The Dangote refinery in Nigeria, Africa’s biggest and newest crude processing facility, is set to soon begin production of gasoline, potentially upending global gasoline flows....
Petrol scarcity may worsen nationwide
The lingering fuel crisis in the country may last longer as the nation’s oil company, the Nigeria National Petroleum Company Limited (NNPCL) has admitted to...
NNPCL’s ‘Financial Strain’, A Game Plan To Increase Pump Price – Experts
The announcement of the Nigerian National Petroleum Corporation Limited (NNPCL) on being unable to sustain fuel supply is a game plan, according to experts. On…On...
Hiking energy tax will hit growth, oil industry says
Raising the windfall tax on the UK’s oil and gas companies will hit the government’s main goal of growing the economy, the industry has warned....
NNPC to hand over Warri and Kaduna refineries to private operators
The Nigerian National Petroleum Company Limited has stated plans to engage reputable operations and maintenance companies for the Warri Refining and Petrochemical Company and the...
PH refinery sucks $1.5bn without producing oil
So much of Nigeria’s resources have been wasted under elaborate maintenance that leaves the refineries poorer than they were and their managers richer than they...
Oil sector opposes policy amendments on imports and exports
The oil sector has voiced strong objections to the suggested changes in the policy governing the import and export of oil refined products under foreign...