Nigerian Airlines Turn to Dangote Refinery for Local Jet Fuel as Import Costs Soar
Nigerian airline operators have confirmed that, they are sourcing Jet A1 fuel from Dangote’s refinery to curb the high cost…
Category: Energy
Cooking gas price rises by 114% in 16 months
Since June 2023, the price of Liquefied Petroleum Gas (LPG) in Nigeria has surged by over 114%, climbing from N700/kg…
Dangote: NNPC Made Huge Mistake By Reducing Stake in Our Refinery from 20% to 7.2%
Aliko Dangote, Africa’s wealthiest man and President of Dangote Group, has criticized the Nigerian National Petroleum Company (NNPC) for reducing…
11 plc, Total Energies, AA. Rano, others pay N766 to lift Dangote petrol
Petroleum marketers like 11plc, Total Energies, and AA Rano have started lifting petrol from Dangote Refinery through NNPC Trading Limited…
N950/litre Dangote petrol may justify more importation — Marketers
The Nigerian National Petroleum Company Limited (NNPC) has announced that petrol from the Dangote Refinery will sell for up to…
NNPC suspends fresh petrol orders over huge backlogs
The Nigerian National Petroleum Company (NNPC) has closed its petrol application portal, preventing independent marketers from placing fresh orders for…
Why NNPC may not lift Dangote petrol on Sunday
Four days before the Nigerian National Petroleum Company Limited (NNPC) was set to begin lifting Premium Motor Spirit (PMS) from…
Oil production rose to 1.35mbpd in August – OPEC
Nigeria’s crude oil production increased from 1.307 million barrels per day (mbpd) in July to 1.352 mbpd in August, according…
Nigeria targets 30GW power supply by 2030
Nigeria’s Minister of Power, Adebayo Adelabu, has announced that the country is committed to achieving universal energy access by 2060,…
Petrol scarcity: No respite as marketers run out of stock amid slump in imports
Nigeria’s petrol scarcity crisis has deepened, with fuel marketers struggling to replenish their dwindling stock as the Nigerian National Petroleum…
NUPRC rejects Shell’s $1.3bn onshore asset sale to Renaissance
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reportedly rejected Shell International Plc’s proposed sale of its onshore assets to…
EKEDC disconnects power supply from UNILAG
Eko Electricity Distribution Company (EKEDC) has disconnected the University of Lagos (UNILAG) from the power supply because of unpaid electricity…
Gas suppliers seek end to multiple taxation
The National Oil and Gas Suppliers Association of Nigeria (NOGASA) has called on the Federal Government to tackle the issue…
FG’s million-dollar oil surveillance contract duplication raises questions
The Federal Government is embroiled in controversy over allegations of awarding duplicated oil contracts worth millions of dollars. The contracts,…
NNPC distributes fuel to PH, Warri Depots, addresses scarcity
The Nigerian National Petroleum Company (NNPC) has delivered petrol to depots in Port Harcourt and Warri in an effort to…
Don’t Pressure Us To Sell Crude Oil To Local Refineries, Oil Producers Tell FG
The Independent Petroleum Producers Group (IPPG), responsible for 30% of Nigeria’s crude oil production, has cautioned against being compelled to…
FG to commence naira crude oil sales to Dangote refinery October 1
The Nigerian Federal Government will begin selling crude oil to the Dangote Refinery in naira starting October 1, 2024, marking…
MTN, others get permits to generate electricity
The Nigerian Electricity Regulatory Commission (NERC) has issued nine new off-grid generation licenses in the first quarter of 2024, totaling…
5,000MW power generation shameful, says minister
Minister of Power, Adebayo Adelabu, expressed strong discontent with Nigeria’s current electricity generation capacity of 5,000 megawatts, calling it “shameful”…
63 illegal refineries seized in one week – NNPC
The Nigerian National Petroleum Company Limited (NNPC) has discovered and confiscated 63 illegal refineries in the past week across Bayelsa,…
European banks reluctant to fund fossil fuel – SPE chair
Salahudeen Tahir, Chairman of the Society for Petroleum Engineers in Nigeria, revealed at the 47th Nigeria Annual International Conference and…
Q2: Demand for crude oil by local refineries rises to 597,700 bpd
However, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has only managed to secure 177,777 bpd from oil producers during the…
Nigeria’s financial struggle persists as Niger, Togo, others fail to defray $14.19m Q1 electricity debt
Nigeria is facing increasing financial strain as international customers failed to pay $14.19 million for electricity supplied in the first…
Dangote refinery insists crude supply woes persist, blames NUPRC
Dangote Refinery, Africa’s largest oil refinery, has reiterated its struggle to secure sufficient crude oil supplies, despite Nigerian National Petroleum…
Cooking gas at N1,250/kg stokes hunger in Nigerian homes
Nigerians are grappling with a severe economic strain as the price of Liquefied Petroleum Gas (LPG), commonly known as cooking…
Axxela, NNPC Gas Company Commission 5km Gas Pipeline
Axxela Limited, in collaboration with NNPC Gas Marketing Limited (NGML), has commissioned a 5km natural gas pipeline network in Victoria…
Dangote to sell 12.5% refinery stake amid liquidity concern
The Dangote Group is considering selling a 12.5% stake in its newly commissioned refinery due to liquidity challenges, according to…
Oil/gas communities send memo to FG, IOCs, NDDC
Oil and gas communities in the Niger-Delta have presented a comprehensive agenda to the Federal Government, International Oil Companies (IOCs),…
Nigerians experience blackout as national grid collapses again
Nigeria’s electricity grid collapsed once more on Monday, causing a nationwide blackout. The system failure, which happened at 1:33 pm,…
Dangote diesel sulphur triggers concern, marketers fault rejection report
Reports allege that diesel produced by the $20bn Dangote Petroleum Refinery contains high levels of sulphur. Despite these claims, no…