Aliko Dangote says the first product of the Dangote Petroleum Refinery and Petrochemicals “will be in the market before the end of July, beginning of August this year.”
Browsing: Oil & Gas/Mineral Resources
The petroleum refinery with a capacity to process 650,000 barrels per day (bpd), is sitting on a 2,635 hectares of land located in Dangote Industries Free Zone in Ibeju-Lekki, Lagos, and will provide employment to over 100,000 persons. The coming onstream of the gigantic project is expected to mark Nigeria’s exit from the league of oil-rich nations that are heavy importers of petroleum products.
No policy in Nigeria’s petroleum industry has generated more controversy than subsidy removal. Since the return to democracy in 1999, it has defied ministers and even the entire lifespan of administrations.
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has appealed to President Muhammadu Buhari to sign the Energy Commission of Nigeria Amendment Bill before handing it over to the incoming administration.
Major oil firms operating oilfields in Bayelsa have faulted claims by the Bayelsa Oil and Environmental Commission (BSOEC) in its final report presented to Gov. Douye Diri of Bayelsa at House of Lords on Tuesday in London.
The NNPC E&P Ltd on Saturday held its 2023 annual scholarship screening examination for over 329 students from its host communities.
According to the direct communication data in the April 2023 monthly oil market report (MOMR) of the Organization of Petroleum Exporting Countries (OPEC), Angola recorded 1.06 million barrels per day (mbpd) crude production in April 2023.
Mr. Mele Kyari, the Group Chief Executive Officer, Nigerian National Petroleum Company Ltd. (NNPCL), has called on African countries to take advantage of the implementation of the African Continental Free Trade Agreement (AfCFTA).
Held under the theme, “Unlocking Africa’s Just Energy Potential”, the Green Energy Africa Summit (GEA) will provide unrivalled opportunities throughout its two-day programme for stakeholders across the energy value chain to collaborate, offer solutions and build partnerships to help unlock Africa’s true socioeconomic potential.
The Nigerian Upstream Downstream Regulatory Commission (NUPRC) says it will recommend the establishment of an ‘African forum of regulators’, to benchmark and standardise regulatory framework in the upstream oil and gas sector across the states of the African nations.