First Liquefied Compressed Natural Gas Plant Inaugurated In Northeast

The federal government has inaugurated a Liquefied Compressed Natural Gas (LCNG) hub in the northeastern part of Nigeria. Ekperikpe Ekpo, the Minister of State for Petroleum Resources, while commissioning the project, explained that the facility in Yola marks a significant turning point of hope and opportunity, not only for Adamawa State but for the entire northeast region. He described the feat as a testament to the potential of public-private collaboration in advancing the Federal government’s...

PANDEF Condemns Exclusion Of Niger Delta In New Mini LNG Plants

…Seeks Immediate Review Of Plan The sociopolitical body of the South-South region, Pan Niger Delta Forum (PANDEF) has condemned the exclusion of the Niger Delta region in the siting of the newly launched five Mini Liquefied Natural Gas (LNG) plants by the Nigerian National Petroleum Company Limited (NNPCL) and the Federal Government. According to a press statement on Saturday signed by the organisation’s National Spokesperson, Olorogun Dr. Obiuwevbi Ominimini, stated that despite being the primary...

Port-Harcourt Refinery: Group Supports Obasanjo’s Claim

A group, the Nationalists Movement (NM) has backed former President Olusegun Obasanjo on his claim concerning the deplorable manner the Nigerian National Petroleum Company Limited (NNPCL) is managing the country’s refineries. The group supported Obasanjo that the NNPCL’s decision to reject Aliko Dangote’s $750 million offer to manage the Port Harcourt, Warri, and Kaduna refineries in 2007 was a gross misjudgment. According to the group in a press statement on Friday signed by Elder Ogbor Awuru,...

2025: FG Targets 3Mn Barrels Per Day Crude Production

The Federal Government is targeting  a new crude oil production benchmark of 3 million barrels per day in 2025. Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri, made the disclosure during the flagging off ceremony of Operation Delta Sanity 2, at the Nigerian Navy Ship PATHFINDER jetty in Port Harcourt on Monday, stressing that the new target is an increase from the current daily 1.8 million barrels per day. The Minister, while expressing optimism...

NNPCL Revives Warri Refinery, Plans Mechanical Completion by 2025

…Tinubu Hails Milestone The Warri Refining and Petrochemical Company (WRPC), with a capacity of 125,000 barrels per day, has resumed operations, marking a significant milestone in Nigeria’s energy sector. This announcement comes just a month after the old Port Harcourt Refinery, with a capacity of 60,000 barrels per day, also commenced operations. The Nigerian National Petroleum Company Limited (NNPCL) Group Chief Executive Officer, Mele Kyari, disclosed this during a facility tour on Monday. Addressing the...

Nigeria Is Top Investment Destination In Oil & Gas – TDF

A group, The Democratic Front (TDF) has said that Nigeria is a top investment destination in oil and gas. The group noted that the announcement of a $5 billion Final Investment Decision (FID) by Shell on the Bonga North Deep Offshore field is yet another proof of the investment-friendly mindset of the Tinubu administration. In a press statement on Thursday signed by its Chairman, Mallam Danjuma Muhammad and Secretary Chief Wale Adedayo, the group noted that...

Dangote Refinery Partners Neptune Oil for First Petrol Export to Cameroon

Dangote Petroleum Refinery has marked a major milestone by exporting petrol to Cameroon for the first time. The collaboration with Neptune Oil, a leading Cameroonian energy company, is being hailed as a step forward for Africa’s “regional energy integration.” Announcing the development on Wednesday, Dangote Refinery described it as a bold move to tackle rising energy demands while strengthening economic ties between Nigeria and Cameroon. “This milestone, resulting from a strategic collaboration between the two...

Warri, Kaduna Refineries Still Idle Despite $2.9 Billion Allocation – CSOs

Human rights lawyer, Chief Femi Falana (SAN) and a coalition of 145 Civil Society Organisations (CSOs) have expressed concerns over the $2.9 billion reportedly allocated for the rehabilitation of Nigeria’s three local refineries, Warri, Kaduna, and Port Harcourt. The coalition has called on the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Corporation Limited (NNPCL), Mallam Mele Kyari, to address the pressing questions surrounding the utilization of the funds. They are demanding detailed...

Community Fault Claims By NNPCL On Port Harcourt Refinery

Alesa community stakeholders have alleged that the petroleum products loaded from the recently revived Port Harcourt Refinery were not newly refined but petrol products left in the storage tank of the facility in the last three years. Timothy Mgbere, the Secretary of the community disclosed this during on Arise TV on Thursday, noting that the Nigerian National Petroleum Company Limited told Nigerians many lies about the revived refinery. He dismissed NNPCL’s position that the Port...

Fuel Prices Soar as NNPCL Ends Subsidy Role in Dangote Refinery Deal

The Nigerian National Petroleum Company Limited, NNPCL, has increased the pump price of Premium Motor Spirit, PMS, commonly known as petrol, across its retail outlets nationwide. The development follows recent changes in the company’s role in petroleum distribution. In Abuja, the capital city, NNPCL fuel stations have raised the price of petrol from N897 per litre to N1,030 per litre amid long queues. In Lagos, the price of petrol has also surged from N885 per...

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