NNPC Targets Enhanced Refining Capacity at Warri and Kaduna Plants The Nigeria National Petroleum Company Limited (NNPC Ltd.) has announced plans to enhance refining quality and ensure sustained production at its Warri and Kaduna refineries. The company will adopt new maintenance and compliance measures, deploy...

Minister Advocates PPP to Tackle Oil Pipeline Vandalism The Federal Government has called for public-private partnerships to fix the old pipelines in order to tackle pipeline vandalism. The Minister of State for Petroleum Resources, (Oil), Heineken Lokpobiri, stated this at the just concluded Energy and Labour...

Issues around OVH Acquisition and NNPC Retail  By Femi Awoyemi There is no equivalence with evidence in the financial, business, and economic space, as it is done in the political space. Records exist for a reason in the former, and players seeking to push self-interested agendas...

Tinubu, Edun have no Stake in OVH Acquisition – NNPC The Nigerian National Petroleum Company Limited (NNPCL) says neither President Bola Tinubu nor Mr Wale Tinubu of Oando Plc has an interest in the acquisition of OVH by NNPC. NNPC, in a statement by its spokesperson,...

Dangote Refinery Banks on FG, Reduces Crude Imports from Us A report by Bloomberg has revealed that the Dangote Petroleum Refinery is reducing its importation of crude from the United States, taking more of Nigeria’s oil for processing. The report stated that the 650,000 refinery is...

Despite Nigeria's oil sector's struggles with an inadequate crude supply to domestic refineries, the Independent Petroleum Producers Group (IPPG) has used the federal government to avoid compelling them to meet this need immediately.