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Environment & Oil &gas
REVEALLED: 97% of oil marketers shun Dangote diesel for offering low price
Maureen Aguta
The Dangote Petroleum Refinery has said that only 3 per cent of local oil marketers are purchasing refined petroleum products.
Speaking during an X space organised by Nairametrics on Thursday, Vice…
Fuel Scarcity: NNPCL yet to commence lifting petrol from Dangote Refinery–Chiejina
Group Chief Branding and Communications Officer, Anthony Chiejina, who made this known in a statement on Wednesday, said the issue of fixing the price of petrol lifted from Dangote refinery does not arise, as it is yet to finalise its…
NLC rejects N860-N940 new petrol price amidst NNPCL denial
Maureen Aguta
The Nigerian Labour Congress (NLC) says it feels betrayed by the Federal Government which about month after it agreed with the Organised Labour (NLC and TUC) not to increase the price fuel further, fuel…
Atiku demands immediate listing of NNPCL on stock exchange
Maureen Aguta
Former Vice President Atiku Abubakar has demanded the immediate listing of the Nigerian National Petroleum Corporation Limited (NNPCL) on the stock exchange in line with the Petroleum Industry Act.…
NNPC Ltd begins liquefied gas supply to Japan, China
Maureen Aguta
The Nigerian National Petroleum Company Limited (NNPCL) has begun shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered Ex-Ship (DES) basis.
Mr Olufemi Soneye, Chief…
Nigeria’s 4 comatose refineries amass over N3trn debts in 4 years
The development is due to NNPCL funding of the activities of the refineries even when they were poorly functional and making losses.
NNPC moves to stop remittances to federation account again
Maureen Aguta
Despite reported increase in Nigeria’s production to over 1.6 million barrels per day indications were that the worst that happened during the Buhari regime when the Nigerian National Petroleum Company…
Delay in crude supply to Dangote Refinery poses risk to Nigeria’s economy – EIU report
Maureen Aguta
The Economist Intelligence Unit has issued a warning that further delays in crude oil feedstock to the Dangote Petroleum Refinery and Petrochemicals could jeopardise Nigeria’s economic recovery and put…
Dangote refutes report claiming it’s receiving 60% crude supply from NNPC
Maureen Aguta
The management of Dangote Refinery has swiftly reacted to a trending storyline alleging that the Dangote Refinery has backtracked by acknowledging that NNPC supplied about 60 per cent of the 50 million…
Dangote Refinery: FG spends $600m on fuel importation monthly – Minister
Maureen Aguta
As uncertainty trails the implementation of the presidential directive to NNPC Ltd to supply Dangota Refinery crude oil to enable it meet up with it production timelines which includes commencement of…