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DANGOTE Petroleum Refinery will create $11billion per annum market for Nigerian crude because it is designed for 100 per cent Nigerian crude with flexibility to process others and it will meet 100 per cent daily Nigerian consumption of all…
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Samsung Heavy Industries (SHI), said it has invested over $400 million in the Nigerian oil and gas industry since the global shipbuilding giant was awarded the contract to build the Floating Production Storage Offloading (FPSO) vessel for…
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MT Africa Gas and MT Sahara Gas has delivered 437,170 metric tons of liquefied petroleum gas (LPG), known as cooking gas to the domestic market thus boosting penetration of the product in the country. The vessels were unveiled in Ulsan,…
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...Says the plant, being built near Lagos and designed to process 650,000 barrels of crude daily, is running to deadline Nigerian billionaire Aliko Dangote said he’s on schedule to finish by next year, his $15 billion oil refinery,…
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Total , French oil company has embark on a 60,000bpd Ikike project in the OML 99 licence offshore Nigeria. The company has earmarked Ikike project for a final investment decision (FID) Other projects earmarked for FID include the…
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The Petroleum and Natural Gas Senior Staff Association of Nigeria has expressed its opposition to the current operating model for the nation’s refineries. PENGASSAN, in a statement on Monday, described the model as unsustainable,…
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The Petroleum and Natural Gas Senior Staff Association of Nigeria has implored the Federal Government to increase the nation’s local refining capacity and remove all observed encumbrances to full rehabilitation of all the four refineries. …
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If anybody cares to conduct a public opinion on the state of the nation’s four refineries located in Port Harcourt, Warri and Kaduna respectively, it will be obvious that so much money would be needed to put them back to maximum…
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Africa’s richest man, Aliko Dangote, said on Monday he expected to step up exports of cement and other commodities from Nigeria from this year as he focuses on foreign markets to boost sales and generate much-needed hard currency. …
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* Total is one of the top players in Africa oil sector * CEO urges Nigeria to issue exploration licences French oil group Total will approve plans to proceed with the Ikike project in Nigeria in the coming months, and also plans to…
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