Crude Oil Supply Challenges Ease As Dangote Refinery Receives Four Cargoes …C0NTINUE READING HERE >>> The Dangote Petroleum Refinery has taken delivery of four crude oil cargoes from the Nigerian National Petroleum Company Limited (NNPCL) as part of the naira-for-crude agreement, according to officials from both the refinery and the Federal Government on Tuesday. The … Read more
Nigeria has no reason to import crude oil – IPPG …C0NTINUE READING HERE >>> Nigeria should not be importing crude oil to meet domestic refinery feedstock needs, says the Independent Petroleum Producers Group (IPPG). Its Chairman, Mr Abdulrazaq Isa, said this at the Crude Oil Refinery Owners Association of Nigeria (CORAN) Summit in Lagos. The … Read more
FG commences sales of crude oil in Naira to Dangote, others …C0NTINUE READING HERE >>> The Nigerian government has officially begun selling crude oil and refined petroleum products in naira to Dangote Refinery and other local refining companies. This initiative is part of President Tinubu‘s administration’s strategy to promote long-term economic growth and self-sufficiency. This … Read more
FG sets new target for oil, gas production …C0NTINUE READING HERE >>> The Federal Government has said that it is targeting four million barrel per day (bpd) of oil production, and 10 billion cubic feet (bcf) of gas production by 2030. Mrs. Olu Verheijen, Special Adviser (SA) to the President on Energy, made this known … Read more
FG Set Target On Crude Oil Production …C0NTINUE READING HERE >>> The Minister of State for Petroleum Resources, Heineken Lokpobiri, has stated that under the incumbent government, Nigeria remains committed to adhering to the production quota established by the Organisation of Petroleum Exporting Countries (OPEC). Henzodaily understands that during the ministerial meeting with the federal … Read more