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JTF Nabs Two Over Fake Crude Oil Documents

JTF Nabs Two Over Fake Crude Oil Documents

The Joint Task Force, codenamed, Operation Delta Safe (OPDS), has arrested two persons, Mr Magaji Musa and Umar Musa over the allegation of printing fake documents for illegal sales of stolen crude oil in the…

FG To Begin Crude Oil Sales To Dangote, Local Refineries In Naira from October 1

FG To Begin Crude Oil Sales To Dangote, Local Refineries In Naira from October 1

The Federal Government has announced that sales of crude oil to Dangote Refinery and other local refineries will start on October 1, 2024. Finance Minister and Coordinating Minister of the Economy, Wale Edun, made this…

FG To Save $7.9bn Annually From Crude Oil Sale To Dangote, Others

FG To Save $7.9bn Annually From Crude Oil Sale To Dangote, Others

Federal government plans to save $7.32 billion annually Following President Bola Tinubu’s directive that the Nigerian National Petroleum Company Limited (NNPCL) sell crude oil to local refineries in Naira, the Federal Government is set to…

Lokpobiri Speaks On Shortage Of Crude For P/Harcourt Refinery, Others

Lokpobiri Speaks On Shortage Of Crude For P/Harcourt Refinery, Others

Heineken Lokpobiri, the Minister of State for Petroleum Resources (Oil) on Tuesday expressed concern that the recently opened Dangote Petrochemical Refinery, Port Harcourt Refinery, Warri Refinery, Kaduna Refinery, and modular refineries may not have access…

Otedola Congratulates Dangote As $20bn Refinery Commences Production

Otedola Congratulates Dangote As $20bn Refinery Commences Production

Nigerian billionaire business mogul, Femi Otedola congratulated his friend and multi-billionaire, Aliko Dangote, as his refinery commences production on Saturday, December 9, 2023. Otedola took to his verified X account on Sunday, December 10, to…

Dangote Refinery To Start With 350,000bpd Crude – CEO

Dangote Refinery To Start With 350,000bpd Crude – CEO

Dangote Refinery has secured its first cargo deal of about 6 million barrels ready for delivery, even as the much-anticipated project begins with 350,000 barrels a day from December 2023. The founder and Chief Executive…

FG To Produce 2m Barrels Of Crude Oil Per Day By 2024

FG To Produce 2m Barrels Of Crude Oil Per Day By 2024

President Bola Ahmed Tinubu-led government has revealed a plan to raise the nation’s crude oil production to a minimum of two million barrels per day by 2024. This is as the Federal Government said it is…

Army Destroy Illegal Refinery In Delta

Army Destroy Illegal Refinery In Delta

The troops of the Nigerian Army on Thursday destroyed a massive illegal refinery in Delta State, New Telegraph reports. The Brig. Gen. Onyema Nwachukwu, Director of Army Public Relations disclosed this in a statement issued…

Missing $2.4bn Crude Oil: Malami, Lawmakers Bicker

Missing $2.4bn Crude Oil: Malami, Lawmakers Bicker

The House of Representatives Committee investigating missing $2.4 billion crude oil on Thursday, grilled the Attorney-General of the Federation and Minister of Justice, Abubakar Malami once again. During the grilling session, the lawmakers questioned Malami…

We’ll Commence All Petroleum Production By July – Dangote

We’ll Commence All Petroleum Production By July – Dangote

The Chairman of the Dangote Group, Aliko Dangote has stated that the market will receive the first batch of petroleum products from the refinery before the end of July. Speaking on Monday during the commissioning…