Addressing the recurring concerns of a perceived tightness in the petroleum supply market, the Major Energies Marketers Association of Nigeria (MEMAN) have reassured the public and all stakeholders that MEMAN has a robust supply of petroleum products readily available. Reaffirming…
Increase NNPCL Stake in Dangote Refinery to 45%, Adopt NLNG Model: Pengassan Advises Whilst Charting Path To Nigeria’s Energy Future
Rising from the 3rd edition of the recently held PENGASSAN Energy and Labour Summit (PEALS 2024), senior staff in the Nigerian petroleum and natural gas sector have strongly advocated for an increased focus on energy security whilst x-raying the industry’s…
“We Are Not A Sole Offtaker. Major Marketers are Free to Buy From Dangote Refinery”, Says NNPC Ltd
The Nigerian National Petroleum Company Limited (NNPCL), has reaffirmed its commitment towards ensuring that the federal government maintains a deregulated market for local refineries, including the Dangote Refinery. According to the Chief Corporate Communications Officer of NNPCL, Femi Soneye, all…
Fuel Pump Price: FENRAD to FG, ‘You Can Do Better.’
By Comrade Nelson Nnanna Nwafor Foundation for Environmental Rights, Advocacy and Development, FENRAD, a pro-democracy and environmental rights advocacy group based in Abia State wishes to condemn in its entirety the current price regime of the petroleum industry which is…
CORAN congratulates Dangote Refinery on landmark milestone
The Crude Oil Refinery-owners Association of Nigeria (CORAN) has extended its heartfelt congratulations to Mr. Aliko Dangote and his team at Dangote Refinery on the remarkable achievement of commencing the production of Premium Motor Spirit (PMS). The group said that…
CORAN’s Inaugural Summit to Set Nigeria on the Path to Oil Refining Leadership
The Crude Oil Refinery-owners Association of Nigeria (CORAN) is launching the first Nigerian Crude Oil Refining Summit on October 7-8, 2024, at Eko Hotel & Suites, Lagos. The summit, themed “Making Nigeria a Net Exporter of Petroleum Products,” comes at…
“We have always gotten crude supply from NNPC” – Clarifies Dangote
Insists on NUPRC enforcing PIA Domestic Obligations The Management of Dangote Refinery has clarified its stand on crude supply to its Refinery, stating there was never a time they denied receiving crude supply from NNPC Ltd. This clarification arose in…
President Tinubu Directs NNPC to Sell Crude to Dangote Refinery in Naira
Nigeria’s President, Bola Tinubu has ordered the Nigeria National Petroleum Corporation Limited (NNPCL) to sell crude oil to the Dangote Refinery and other upcoming in-country built refineries in the country’s local currency, the Naira. This was a measure adopted at…
Dangote Refutes Reuters Report on Crude Oil Reselling
The Management of Dangote Petroleum Refinery has strongly refuted a Reuters report suggesting that it is reselling crude oil shipments. The report, published on Wednesday, alleged that technical issues at the refinery had led to the resale of crude from…
Oando Denies Claims of Stake in Maltese Oil Storage Facility, Ras Hanzir Oil Terminal Limited
Oando Plc says its attention has been drawn to recent allegations on social and digital media, levelled against the company of being a shareholder, and its Principals of being Board members, in a Maltese company, Ras Hanzir Oil Terminal Limited…