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Reduction in the pump price of petroleum products in the country may remain a mirage despite the resumption of the long-awaited Port Harcourt Refinery as questions over the quality of the product and the emergence of competition between Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPCL) dominate the market.After failing to come on […]
The Port Harcourt Refining Company (PHRC) Ltd in Rivers State has officially commenced crude oil processing, marking a significant milestone for Nigeria’s energy sector. This development comes after several failed commencement deadlines. According to Olufemi Soneye, spokesperson of the Nigerian National Petroleum Company Limited (NNPCL) , “Today marks a monumental achievement for Nigeria as the […]
The NNPC Gas Marketing Limited (NGML) has signed a gas supply deal with the Dangote Petroleum Refinery and Petrochemicals FZE. The agreement was signed by Justin Ezeala, the managing director of NGML, and Aliko Dangote, the president and CEO of the Dangote Group, on Tuesday. The gas sale and purchase agreement (GSPA), signed […]
The Nigerian Navy’s Oepration Delta Sanity’ has dealt a significant blow to oil thieves, dismantling an illegal refining site in Bayelsa State. The successful operation was revealed on its official Facebook page on Sunday. READ MORE: Fatal Collision On Kaduna-Abuja Expressway Kills 13 Advertisement According to the statement, “Operation DELTA SANITY: On Saturday 26 October […]
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