Energy

Dangote Oil Refining Company says its plant is awaiting the second shipment of barrels of crude in three weeks after it received its maiden one million barrels on Friday. The company, in a statement, said the STASCO vessel sailed to the refinery’s single-point mooring, where it was discharged into the …

After a series of delays, the Dangote Refinery, a mammoth $19 billion project in Nigeria, is finally poised to commence fuel production as the first crude shipment arrives at the facility, marking a significant milestone for the country’s oil industry.Quoting industry sources and tanker tracking data, S&P Global, in a …

The Nigerian National Petroleum Company Limited, on Thursday, said it would end the importation of refined petroleum products by December 2024 as all the country’s refineries would be operational by then. It also projected that the national oil firm would grow its revenue to N4.5tn at the end of 2023 …

It was gathered on Friday that the only importer of PMS at the moment was the Nigerian National Petroleum Company Limited, as many depots and filling stations now lack petrol, leading to queues in outlets that dispensed fuel. Seven oil marketers, who imported Premium Motor Spirit, popularly called petrol, about …

Oil marketers under the aegis of the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) on Thursday, alerted the federal government to the harsh working environment its members currently operate.In a press briefing in Abuja, by the National President of the organisation, Mr. Benneth Korie, NOGASA stated that the …

Nigeria’s national grid collapsed once more on Tuesday when power generation crashed from a peak of 3,594.60 megawatts at midnight to an alarming low of 42.7MW by midday. Subsequently, at noon, only the Delta Power plant was operational on the grid, contributing 41MW, while Afam generated 1.7MW. The grid failure …

The Oil and Gas Free Zones Authority (OGFZA) has offered to partner with the Niger Delta Development Commission (NDDC) on industrial parks development in the Niger Delta region. Managing Director of the Oil and Gas Free Zones Authority (OGFZA), Sen. Tijjani Yahaya Kaura, MFR; disclosed this on Thursday, 14th September …

Barring any last-minute change, members of the Petroleum and Natural Gas Senior Staff Association of Nigeria and the Nigeria Union of Petroleum and Natural Gas Workers will begin withdrawal of their services from offices and oil locations.They said the threat was against the sale of the Nigeria Agip Oil Company …

The Managing Director/CEO OGFZA, Sen. Tijjani Yahaya Kaura, MFR; delivering a statement today 6th September 2023 on the sideline of G20 Summit in New Delhi, India. Sen.Tijjani Yahaya Kaura is part of Nigerian delegation to G20 Summit in New Delhi,India. It will be recalled that since his assumption of office …

Hon. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), and Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), have called on the Ministry’s staff to join hands to actualise  President Bola Ahmed  Tinubu’s Renewed Hope Agenda. The ministers gave this charge during a Town Hall meeting held …