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Business

Naira Sale Of Crude Oil To Dangote, Other Refineries Begin In October- FG

The Federal Government on Monday said it would begin the sale of crude oil to the Dangote refinery and other local refineries in Naira...
Business

FG Inaugurates Committee On Naira Sale Of Crude Oil To Local Refineries

In a significant step towards enhancing Nigeria’s refining capacity so as to promote economic growth and development of the country, the federal government has...
News

Crude oil demand from Dangote, local refineries hits 597,700bpd daily

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled crude oil producers’ production forecast for the second half (H2) of 2024.In a report yesterday,...
Business

More Troubles For Dangote Refinery As Firm Delays Letter Of Credit To Oil Producers

Dangote Group has falsely claimed that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) admitted that “they will be unable to enforce the domestic crude...
Business

We Facilitated 29 Million Barrels Of Crude To Your Refinery, NUPRC Counters Dangote’s Claims

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has refuted claims by the Dangote Petroleum Refinery and Petrochemicals and other players in the industry that...
Business

Refinery Owners Association Commend NNPC For Supplying 60% Of Crude Oil To Dangote

Crude Oil Refinery Owners Association of Nigeria is excited with the 60 per cent crude oil supplied to the 650,000 barrels per day Dangote...
Business

We Have Done Nothing To Sabotage Any domestic Refinery, Kyari Tells Senate Committee

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr. Mele Kyari has said the company has not breached any of...
Business

Why oil cabals are frustrating Dangote Refinery —Obasanjo

Former president, Olusegun Obasanjo has said cabals in Nigeria’s oil and gas sectors will continue to frustrate the $20 billion Dangote Refinery because those...
News

Tinubu directs NNPCL to sell crude oil to Dangote Refinery in Naira

Bayo Onanuga, a presidential media aide, disclosed this in a statement on his official X account on Monday.“To ensure the stability of the pump...
Business

Dangote Refinery Reselling Crude Oil Bought From Nigeria, Others -Report

The inability of the Dangote Refinery and Petrochemicals Company to raise banks letters of credit may have forced the company to be reselling cargoes...
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