crude oil

Oil and Gas

Nigeria needs 1.5mbpd refining capacity to meet Africa’s demand – Dangote

THE chairman of Dangote Refinery and Petrochemicals Company Limited, Aliko Dangote, says Nigeria must develop a refining capacity of...
Ehime ALEX -
Oil and Gas

NNPCL’s forward sales hit N3.89trn amid local refineries’ crude lack

THE Nigerian National Petroleum Company Limited's (NNPCL) contract liabilities for crude oil supply to foreign creditors currently rose to...
Ehime ALEX -
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Oil and Gas

How Buhari, Abba Kyari blocked oil field I intended to acquire – Elumelu

Nigerian businessman, Tony Elumelu, has revealed how former President Muhammadu Buhari and his late Chief of Staff, Abba Kyari,...
Nurudeen AKEWUSHOLA -
Energy and Power

NNPCL ships newly unveiled crude to Spain despite local demand shortfall

THE Nigerian National Petroleum Company Limited (NNPCL) said it had unveiled and shipped new crude oil grade into the...
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Oil and Gas

Dangote insists IOCs frustrating crude oil supply demands to refinery

THE management of Dangote Industries Limited (DIL) has insisted that the International Oil Companies (IOCs) operating in Nigeria consistently...
Ehime ALEX -
Oil and Gas

Dangote set to control PMS market pricing, denies NNPCL 20% refinery stake

DANGOTE Petrochemical refinery owned by Africa's richest man-Aliko Dangote is set to disrupt Nigeria's premium motor spirit (PMS) price-control...
Harrison EDEH -
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