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Energy

StatiSense Data Vindicates Dangote on NNPC Officials’ Malta Oil Blending Deals

Barely few days after Alhaji Aliko Dangote made an anger-laden outpouring on the frustrations coming from the NNPCL to his new refinery that some officials of the corporation are linked to some crude oil blending plants in Malta, data released…

Another look at that NNPCL fake 20% shares in Dangote Refinery

In January, the NNPC, after intense pressure, released their Audited Financial Report for 2022. In the report, they stated that they purchased 20% shares in the Dangote Refinery for $2.7 billion. They claimed to have obtained $1.036 billion (as part…

Shareholders Condemn Demarketing of Dangote Refinery

Leading quoted companies’ shareholders have strongly defended Africa’s foremost industrialist, Aliko Dangote over the on-going petroleum product supply controversies, while criticising the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, for deliberate attempt…

NCDMB, Senate Committee in Synergy to Grow Local Content

Nigeria’s oil industry local content driver, the Nigerian Content Development and Monitoring Board (NCDMB) and the Senate Committee on Local Content on Sunday began a 3-day retreat at Abuja, aimed at forging closer collaboration between the two entities, to achieve…

Seplat Energy, Channels Academy Train Senior Journalists in Nigeria

Leading indigenous energy company, Seplat Energy Plc, has concluded the second phase of its media training programme for journalists and media practitioners in Nigeria. The second phase of the programme covers forty-five (45) Capital Market Editors/Correspondents as well as some…

Dangote: Our Refinery is having repeated orders from abroad

…Urges National Assembly to test all available products from Standard laboratory to disclaim NMDPRA’s assertions President of Dangote Group, Aliko Dangote, over the weekend revealed that Dangote Petroleum Refinery has continued to receive repeated orders for its products from all…

Tinubu Welcomes Eni Group Investment in Oil Industry

President Bola Tinubu has commended international energy company, ENI, for its proposed new investment in Nigeria, reiterating his vision of making the nation more globally competitive and an investment destination. The President said that by exploring the possibilities of innovative…

Dangote challenges NMDPRA, tests diesel in the presence of NASS Members

President of Dangote Group, Aliko Dangote, has asserted that products refined at the Dangote Petroleum Refinery & Petrochemicals, the world’s largest single train refinery, are of superior quality compared to imported equivalents and meet international standards. He expressed his confidence,…

Former NNPC GMDs show support for Kyari as fuel hike persist

A communiqué recently issued by the former GMDs of NNPC has show support for the current boss even though there had not been signs of better happenstances in the sector since the beginning of the year. Whereas industry analysts query…

Tax Tribunal orders NLNG to pay $27.5m to FIRS as 2016 revised CIT

Nigeria LNG Limited (NLNG) has noted media reports suggesting that a Tax Appeal Tribunal ordered NLNG to pay $27.5 million to the Federal Inland Revenue Service (FIRS) as a revised Company Income Tax (CIT) settlement for 2016. NLNG clarifies that…