FG, states, communities to acquire stakes in modular refineries – Osinbajo

Speaking at the 2017 African Modular Refinery Discussion organised in Abuja by the Modular Refineries Association of Nigeria, Acting President Yemi Osinbajo, blamed the federal...

Unpaid N800b subsidy arrears threaten downstream sector, banks – Marketers

Nigerian fuel marketers Thursday warned that supply and distribution of oil products across Nigeria may be grounded if the government fails to pay them...

NNPC closes Ejigbo depot over missing petrol

The Nigerian National Petroleum Corporation (NNPC) has shut down the Ejigbo Depot to investigate the persistent disappearance of petroleum products pumped into the facility,...

Dangote awards DuPont Clean Technology contracts for oil refinery

DuPont Clean Technologies (DuPont) announced today that Dangote Oil Refinery Company Ltd (Dangote) has commissioned a range of advanced proprietary equipment from DuPont for...

Once again, FG looks to original builders of refineries for restoration

The Minister of State for Petroleum, Dr. Ibe Kachikwu, has disclosed that the federal government is again contemplating inviting the original builders of the three...

Total Nigeria to continue investments in downstream oil, solar energy sectors

Total Nigeria Plc has restated its commitment not to withdraw or divest its Nigeria and Africa focused businesses, but to continue to strengthen and...

Kachikwu says no contract with Oando, Eni on refineries, pledges transparent bid process

The Minister of State for Petroleum Resources, Ibe Kachikwu, has clarified that neither Oando nor Agip had been handed over the right of maintenance...

Tinubu clarifies Oando’s involvement in Port Harcourt Refinery

The Group Chief Executive Officer of Oando PLC, Wale Tinubu, appeared before the Senate Joint Committee on Petroleum Resources Thursday, to correct allegations regarding...

NNPC says July deadline for low-sulphur fuel remains unchanged

The Nigerian National Petroleum Corporation (NNPC) is working to meet the July 2017 deadline for switching from fuel with higher concentration of sulphur to...

FG plans to raise $1.2bn for upgrade of refineries – Kachikwu

The Minister of State for Petroleum Resources Ibe Kachikwu has said that Nigeria plans to raise $1.2 billion to upgrade its oil refineries, aiming...

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