Zarma Mustapha, the Deputy President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), has stated that the Port Harcourt Refinery will meet its deadline and become fully operational this August.  During an interview on Channels Television’s *Sunrise Daily*, Mustapha expressed confidence that the refinery’s long-awaited completion will significantly boost the supply of petrol in […]Read More

Mele Kyari, the Group Chief Executive Officer of Nigeria National Petroleum Company (NNPC) Limited, has said the company has not breached any of the enabling laws guiding its dealings with partners, hence should be counted out of any claims of economic sabotage. Kyari, who was addressing the Senate Ad-Hoc Committee investigating alleged economic sabotage in […]Read More

The Federal Government has directed the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to the Dangote Refinery exclusively in naira, in a bid to boost the local currency and promote domestic economic activities. Bayo Onanuga, the special adviser to President Bola Tinubu on information and publicity, said on Tuesday that the Federal […]Read More

Dangote Cement Plc is set to introduce 1,500 Compressed Natural Gas (CNG) delivery trucks into its Nigerian operations, aiming to promote cleaner energy usage in the country. Arvind Pathak, Group Managing Director of Dangote Cement, announced this initiative during the company’s virtual conference call with investors and analysts. “We are acquiring 1,500 CNG trucks and […]Read More

Aliko Dangote, Chairman of Dangote Refinery, erred in depending on the Nigerian National Petroleum Company (NNPC) Limited for crude supply, said Olabode Sowunmi, a consultant to the Nigerian parliament on gas and power, at the Continental Energy Investment Forum 2024 in South Africa. “Dangote made a mistake in the calculation which most businessmen shouldn’t do,” […]Read More

The Chief Executive Officer (CEO) of Dangote Refinery, Aliko Dangote, has revealed that the Nigerian National Petroleum Company (NNPC) Limited no longer owns a 20 percent stake in Dangote Refinery. Dangote made this known during a press briefing at the refinery on Sunday. The business mogul revealed that the Nigerian oil company now owns only […]Read More

The operator of the Jerun field in Malaysia, SapuraOMV Upstream Sdn Bhd, has announced that the first gas has been achieved. Shell plc has a 30 percent equity stake in the field, through its Malaysian subsidiary, Sarawak Shell Berhad, and made a final investment decision on the development in 2021. The field is located around […]Read More