Business

Africa: Afreximbank to Set up $1 Billion Oil Service Financing Facility in Guyana

Insider
Ojukwu Varsity Staff Call for Investigation of Fraud Allegations Against Acting Vice Chancellor
Security
Group Calls for Overhaul of Anambra Police Command to Address Insecurity
Waste Management
AWAMN Tasks Stakeholders on Circular Economy for Sustainability
Agriculture
200 Anambra Farmers Benefit From RHI Agricultural Support Programme
Insider

Sexual, Gender-Based Violence: Everyone Is A Suspect – Group

Insider
Aliko Dangote Hails IBB: ‘You’re Architect of Private Sector in Nigeria’ 
Disaster Management
Stakeholders Harp on Synergy for Effective Emergency Response
Lekoil Nigeria Secures SEC Approval for N100 Billion Bond to Strengthen Capital and Drive Growth Through Lekenergy SPV Plc
Energy
Lekoil Nigeria Secures SEC Approval for N100 Billion Bond to Strengthen Capital and Drive Growth Through Lekenergy SPV Plc
NNPCL: Kyari Dismisses Fuel Quality Concerns as Misleading Drama and Marketing Gimmicks
Energy
NNPCL: Kyari Dismisses Fuel Quality Concerns as Misleading Drama and Marketing Gimmicks

Environment

African Leaders Commit to Advancing Clean Cooking Solutions at Energy Summit

African Leaders Commit to Advancing Clean Cooking Solutions at Energy Summit At the Mission 300 Africa Energy Summit, held in Tanzania from January 27-28, African leaders pledged to accelerate clean cooking initiatives…

Business

Africa: Afreximbank to Set up $1 Billion Oil Service Financing Facility in Guyana

Afreximbank Advocates for Increased Local Participation in Guyana’s Oil Value Chain In a significant announcement…

Agriculture

Africa: Afreximbank to Set up $1 Billion Oil Service Financing Facility in Guyana

Afreximbank Advocates for Increased Local Participation in Guyana’s Oil Value Chain In a significant announcement…

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Nigeria Climate Change Forum
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Environment Africa Magazine Print Issue

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Nigeria Climate Change Forum
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Environment Africa Magazine Print Issue

ENV.MAG ISSUE DEC-JAN 2023
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Nigeria Climate Change Forum
2ND CREN Energy Summit
XOA Energy Solutions
Environment Africa on Youtube

Environment

African Leaders Commit to Advancing Clean Cooking Solutions at Energy Summit

African Leaders Commit to Advancing Clean Cooking Solutions at Energy Summit At the Mission 300…

Business

Africa: Afreximbank to Set up $1 Billion Oil Service Financing Facility in Guyana

Afreximbank Advocates for Increased Local Participation in Guyana’s Oil Value Chain In a significant announcement…

Agriculture

Africa: Afreximbank to Set up $1 Billion Oil Service Financing Facility in Guyana

Afreximbank Advocates for Increased Local Participation in Guyana’s Oil Value Chain In a significant announcement…

Environment Africa Magazine Print Issue

ENV.MAG ISSUE DEC-JAN 2023
Most ViewedWEEKMONTHALL
Please install JetPack plugin & its stats module
Nigeria Climate Change Forum
2ND CREN Energy Summit
XOA Energy Solutions
Environment Africa on Youtube

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Business
Africa: Afreximbank to Set up $1 Billion Oil Service Financing Facility in Guyana
Insider
Ojukwu Varsity Staff Call for Investigation of Fraud Allegations Against Acting Vice Chancellor
Security
Group Calls for Overhaul of Anambra Police Command to Address Insecurity
Waste Management
AWAMN Tasks Stakeholders on Circular Economy for Sustainability
Agriculture
200 Anambra Farmers Benefit From RHI Agricultural Support Programme
Insider
Sexual, Gender-Based Violence: Everyone Is A Suspect – Group
Insider
Aliko Dangote Hails IBB: ‘You’re Architect of Private Sector in Nigeria’ 
Disaster Management
Stakeholders Harp on Synergy for Effective Emergency Response
Lekoil Nigeria Secures SEC Approval for N100 Billion Bond to Strengthen Capital and Drive Growth Through Lekenergy SPV Plc
Energy
Lekoil Nigeria Secures SEC Approval for N100 Billion Bond to Strengthen Capital and Drive Growth Through Lekenergy SPV Plc
NNPCL: Kyari Dismisses Fuel Quality Concerns as Misleading Drama and Marketing Gimmicks
Energy
NNPCL: Kyari Dismisses Fuel Quality Concerns as Misleading Drama and Marketing Gimmicks

Climate Change

Waste Management

AWAMN Tasks Stakeholders on Circular Economy for Sustainability

CAHOSCC: Nigeria’s Reaffirms Commitment to Climate Action

At the Committee of African Heads of State and Government on Climate Change (CAHOSCC), hosted…

Pangolin Day: Wild Africa Calls for Pangolin Protection, Stronger Legislation Against Wildlife Crime

Wild Africa has urged for the protection of pangolins from extinction and increased support for…

Africa Energy Technology Centre Partners with Legend and Legacy PR to Enhance the 2025 Conference
Technology & System
Africa Energy Technology Centre Partners with Legend and Legacy PR to Enhance the 2025 Conference

The Africa Energy Technology Centre (AETC) is delighted to announce a strategic partnership with Legend and Legacy PR, a leading event marketing and public relations firm, to enhance the upcoming Africa Energy Technology Conference 2025. Scheduled for May 27-29, 2025,…

Access Bank to Host Pioneering Africa Trade Conference in Cape Town
Business
Access Bank to Host Pioneering Africa Trade Conference in Cape Town

Access Bank PLC is set to host its first-ever Africa Trade Conference (ATC), a landmark event focused on advancing Africa’s economic transformation under the theme, ‘Empowering Africa Through Trade, Innovation, and Sustainable Growth’. Scheduled for March 12, 2025, in Cape…

NCDMB ES, SPDC Officials Visit Brightwaters Energy - Laud firm’s Capabilities for Industry Projects
Energy
NCDMB ES, SPDC Officials Visit Brightwaters Energy – Laud firm’s Capabilities for Industry Projects

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, in company with senior officials of ShellPetroleum Development Company (SPDC) on Tuesday undertook a tour of facilities at Brightwaters Energy Limited, Port Harcourt, Rivers…

Business
Sterling One Foundation’s Education Interventions Propel Progress Amid Global Focus on AI, Learning

With the transformative role of technology in education more critical now than ever, this year’s theme for the International Day of Education, “AI and Education: Preserving Human Agency in a World of Automation,” highlights the need for inclusive and technology-driven…

Health
Lagos Primary Health Care Board and Ministry of Health collaborate with WaterAid on WASHFITs Training

The Lagos State Primary Health Care Board (LSPHCB) and the Ministry of Health, in collaboration with WaterAid Nigeria, have trained 48 healthcare officers from the six health districts in Lagos State on the use of Water, Sanitation, and Hygiene Facility…

NEITI Commends NNPCL on Port Harcourt and Warri Refineries Resumption As Major Step Toward Energy Self-Sufficiency
Energy
NEITI Commends NNPCL on Port Harcourt and Warri Refineries Resumption As Major Step Toward Energy Self-Sufficiency

The Nigeria Extractive Industries Transparency Initiative (NEITI) has hailed the resumption of operations at the Port Harcourt and Warri refineries as a monumental achievement for Nigeria’s energy sector. In a statement issued on Sunday, NEITI emphasized that these developments are…

The Dangote Petroleum Refinery, one of Africa’s largest and most ambitious refinery projects, is set to receive 12 million barrels of crude oil from the United States, according to The Africa Report. This development underscores the challenges the $20 billion facility faces as it struggles with insufficient local crude supply to meet its refining goals. The shipment, which departed the U.S. recently, is expected to arrive in Nigeria by February, further highlighting the growing reliance on international sources to fuel the refinery’s operations. The Dangote refinery, located in Lekki, Lagos State, aims to ramp up its refining capacity to 650,000 barrels per day (bpd) by June 2025. However, local supply issues have hindered progress. The Nigerian National Petroleum Company Limited (NNPC), the country’s state oil company, has faced difficulties in meeting its obligations to supply enough crude oil to the refinery. An insider source told The Africa Report, “About 12 million barrels of crude have departed the US and should arrive in Nigeria by February.” This import is a strategic move to ensure the refinery’s production targets are met amid local supply shortages. While the Dangote refinery has already increased its output to about 500,000 bpd, achieving its target of 650,000 bpd by mid-year remains a significant challenge without steady access to crude oil. NNPC is currently struggling to provide the Dangote refinery with the 350,000 bpd required from the 450,000 bpd allocated for Nigeria’s domestic consumption. This mismatch has led refinery officials to look beyond Nigeria’s borders for the necessary feedstock. According to a refinery official, “Currently, we are at 500,000 bpd; we will ramp to 650,000 by midyear. You know what it means? So, it is a normal process to source crude oil anywhere it is available.” In response to the ongoing challenges, the Dangote refinery is actively seeking to bolster its crude oil storage capacity. The facility is constructing eight additional tanks, increasing its storage by 41.67% to a total of 3.4 billion liters. “Importing crude from other countries instead of buying locally means that our crude stockpiles will have to be higher,” explained Devakumar Edwin, Vice President in charge of the oil and gas business at Dangote Industries. The refinery’s decision to import crude oil comes at a time when President Bola Tinubu’s government has been pushing for a “naira-for-crude” deal. Since July 2024, the Nigerian government has directed the NNPC to sell crude oil to local refineries in naira, a move aimed at stabilizing Nigeria’s foreign exchange reserves. In October 2024, the government further restricted the sale of crude to only those refineries involved in petrol production, initially focusing on the Dangote refinery. Although the refinery is benefiting from the naira-for-crude arrangement, sources within the industry acknowledge that the NNPC’s crude supply remains insufficient. The Dangote refinery was expected to require 550,000 barrels of Nigerian crude daily to meet its full production needs, amounting to approximately 17 million barrels per month. However, with local supply falling short, Dangote has had no choice but to source additional crude from global markets. As part of its long-term strategy, the Dangote refinery had previously issued a term tender for two million barrels of West Texas Intermediate (WTI) Midland crude monthly, for 12 months starting in July 2024. This tender for a total of 24 million barrels in one year is further evidence of the refinery’s growing dependence on international crude suppliers. The Dangote refinery is already playing a crucial role in Nigeria’s fuel production, supplying gasoline, diesel, and aviation fuel both domestically and to international markets. Despite the logistical hurdles, the refinery remains optimistic about achieving its ambitious refining targets, with plans to expand its capacity and reduce Nigeria’s reliance on imported refined products. Refinery officials are hopeful that the situation will improve as local crude supply stabilizes. However, the reliance on imported crude highlights the fragility of Nigeria’s oil supply chain and the challenges faced by the country’s refining industry. As the Dangote Petroleum Refinery continues its journey toward full capacity, the importation of crude oil from the United States marks a critical moment in the project’s development. Whether local suppliers, such as the NNPC, can meet the demand of such large-scale refineries in the future will be key to the country’s energy security and economic stability. The situation also emphasizes the need for continued reforms in Nigeria’s oil sector, with the government’s commitment to increasing the capacity of local refineries likely to play a pivotal role in the country’s energy future.
Oil & Gas
Dangote Refinery Faces Crude Oil Supply Challenges, Sources 12 Million Barrels from US

The Dangote Petroleum Refinery, one of Africa’s largest and most ambitious refinery projects, is set to receive 12 million barrels of crude oil from the United States, according to The Africa Report. This development underscores the challenges the $20 billion…

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