…Edo refinery counters NUPRC, NNPC Ltd over crude supply By Seun Ibiyemi Dangote refinery and other local refineries have raised their crude oil requirements from Nigeria’s oil producing companies to 597,000 for the next five months. This is according to…
By Seun Ibiyemi Dangote Refinery has reiterated its challenges in securing adequate crude oil supply for its operations, despite claims of increased allocation from the Nigerian National Petroleum Company (NNPC). In a statement made available to NewsDirect, the Dangote Group’s…
The Organisation of Petroleum Exporting Countries, OPEC, has said supplies from Nigeria-based world’s largest single-train Dangote Refinery and Petrochemicals will put pressure on the performance of Europe’s oil industry, especially the Northwest Europe (NWE) Gasoil. OPEC in its newly released…
By Seun Ibiyemi The Dangote Petroleum Refinery and other domestic refineries have accused the state oil company, Nigerian National Petroleum Company Ltd (NNPC Ltd) of not complying with the Federal government’s directive to sell crude to them in Naira. The…
President Bola Tinubu has directed the Nigerian National Petroleum Company Limited to sell crude oil to Dangote Refinery and other upcoming refineries in Naira. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, made this known in…
By Seun Ibiyemi The House of Representatives has warned that it will call for the dismissal of Mele Kyari, the group chief executive officer of the Nigeria National Petroleum Company Limited (NNPCL), if alleged attempts to undermine the Dangote Refinery…
The House of Representatives has said that it would investigate the ongoing spat between Dangote Petroleum Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The investigation would also include the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and…
Former Kano State Governor, Rabiu Kwankwaso, has expressed concern over what he termed “unnecessary fuss” created by vested interests, which he believes could damage investor confidence in the Nigerian economy. This is in the wake of the faceoff between industrialist,…
…As Reps urge President Tinubu to suspend NMDPRA boss …I will sanction any NNPC’s employee operating blending plant in Malta — Kyari By Esther Agbo and Seun Ibiyemi Nigerian businessman and philanthropist, Femi Otedola and President of the African Development…
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has outlined key reasons for the federal government to safeguard local industries, such as the Dangote Refinery, amid ongoing disputes with oil regulators. The National President of the…
