Dangote Refinery Receives Third Crude Shipment Of 1m Barrels
Nigeria’s Dangote refinery has received its next one-million-barrel crude oil cargo from Shell International Trading and Shipping Company Limited (STASCO), bringing the total to three million barrels at the facility’s Single-Point Mooring.
The fourth shipment which is...
Yuletide: Nigeria's Oil Price Rises $81.11 per barrel in One Week
The price of Nigeria’s Bonny Light, rose to $81.11 per barrel, from $78 per barrel it closed last week, indicating an excess of $3.15 per barrel against the 2024 budget reference price of $77.96...
Port Harcourt Refinery Ready This Month - NNPC
The end of December timeline for mechanical completion of the Port Harcourt Refinery Company (PHRC) remains sacrosanct, says the Nigerian National Petroleum Company Limited (NNPCL).
“We have said from time that by the end of December, the mechanical...
Nigeria’s Oil Output Rises 30% to 1.6m bpd in 2023
Nigeria's crude oil production, including condensate, rose year-on-year, YoY by 30 per cent to 1.6 million barrels per day, bpd in October 2023, from 1.2 million bpd recorded in the corresponding period of 2022.
But on...
FG Approves 94 Import Permits to Oil Marketers
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, says it has issued a total of 94 importation licences to oil marketers.
This was revealed by the Chief Executive, NMDPRA, Farouk Ahmed, at the opening...
NNPC, PTI to Develop CNG Conversion Technology for Tricycle, Automobiles
The Petroleum Training Institute (PTI) has said that it is working with the Nigerian National Petroleum Company Research, Technology and Innovation Division (NNPC RTI) to develop Compressed Natural Gas (CNG) conversion technology for automobiles and...
