Reps Probe Alleged Collusion Against Dangote Refinery Over Crude Oil Supply Withholding

29 Million Barrels NUPRC Dangote Refinery

Reps Probe Alleged Collusion Against Dangote Refinery Over Crude Oil Supply Withholding House of Representatives is investigating claims of crude oil supply obstruction to Dangote Refinery by NUPRC and IOCs. EKO HOT BLOG reports that the House of Representatives has initiated an investigation into claims that the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) and International Oil … Read more

Dangote Exposes IOC Plot To Rig Crude Oil Prices, Destroy Local Refinery

Devakumar Edwin, Vice-President of Oil and Gas at Dangote Industries Limited (DIL), has accused international oil companies (IOCs) in Nigeria of orchestrating a plot to rig crude oil prices and sabotage the Dangote Oil Refinery and Petrochemicals. Eko Hot Blog reports that Edwin claimed that IOCs are deliberately inflating local crude prices above market rates, … Read more

NNPCL, NCDMB, IOCs Sign MoU To Reduce Contracting Cycle

Eko Hot Blog reports that the NNPC Ltd and the Nigerian Content Development & Monitoring Board (NCDMB) have signed a Memorandum of Understanding with the International Oil Companies (IOCs) to reduce contracting cycle to an optimal level of not more than 180 working days. The MoU, which was executed on Monday at the NNPC Towers … Read more