CATEGORY
Energy
Dangote Refinery Receives Second One Million Barrels of Crude
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Dangote Refinery has made a further move towards the commencement of production of refined petroleum products with the receipt of an additional one million...
Nigeria’s PH Refinery Commences Operations After Mechanical Completion
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…begins with 40,000bpd output
Nigeria's 60,000 barrels per day (bpd)old Port Harcourt Refinery has commenced production after the mechanical completion of its long running turn...
BP to Halt All Tanker Transits Through the Red Sea
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BP Plc said it will pause all shipments through the Red Sea after attacks on merchant vessels escalated, adding to signs that trade through...
Tinubu Warns New NNPCL Board On Non-Performance
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President Bola Tinubu has warned the Board of the Nigerian National Petroleum Company Limited (NNPCL) that non-performance will not be tolerated.
The President, who inaugurated...
Guyana Says Oil Producers Moving Ahead Despite Venezuela’s Threats
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Oil majors operating in Guyana’s waters are “moving ahead aggressively” with production plans despite Venezuela’s threats to take over the region in an escalating...
NNPCL Uncovers Over 4,800 Illegal Oil Pipeline Connections in Nigeria
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The Nigerian National Petroleum Company Limited (NNPCL) says it discovered over 4,800 illegal connections on oil pipelines in the country in what is a...
Shell Eyes $6bn In Nigeria Offshore, Gas Investments
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Oil giant Shell sees $6 billion in investment opportunities in Nigeria, especially in offshore, gas and liquefied natural gas (LNG) projects, the country’s presidency...
Dangote Refinery Goes Live With Maiden 1mln Barrels of Agbami Crude
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In a major step towards boosting Nigeria’s domestic refining capacity and attaining energy security (self-sufficiency), Dangote Petroleum Refinery and Petrochemicals plant has purchased 1...
NNPCL to Change How Crude Cargoes are Priced From Jan 2024
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Nigerian National Petroleum Corporation Limited (NNPCL) will start pricing its crude cargoes against the monthly average of Dated Brent, the physical-crude benchmark, according to...
Doubts Over Fox Petroleum $7.5bn NNPCL Investment as Firm Fails to Deliver Indian Project
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…repeats 2016 investment pledges that never materialized
...last updated its financials on 31 Mar, 2015
Analysts tell MoneyCentral that the Nigerian National Petroleum Company Limited (NNPCL)...