Refinery

Femi Otedola Applauds Tinubu as Dangote Refinery Begins Petrol Distribution

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Ekohotblog reports that Billionaire businessman, Femi Otedola, has commended President Bola Ahmed Tinubu following the commencement of petrol loading at the Dangote Refinery.   On Sunday, the 650,000 barrels-per-day pm Lagos-based refinery started loading petrol into trucks owned by the Nigerian National Petroleum Company Limited (NNPCL), marking a significant milestone in Nigeria’s energy sector. EDITOR’S … Read more

NNPC Requests Office Space At Dangote Refinery Amid Crude Supply Deal

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NNPCL Gas Supply Dangote

The Nigerian National Petroleum Corporation (NNPC) Limited has requested dedicated office space for around 10 of its employees at the Dangote Refinery as part of an agreement related to crude oil supply. During a Twitter Spaces event titled “Unlocking How Dangote Refinery Shapes Price,” Devakumar V.G. Edwin, Vice President of Oil & Gas at Dangote … Read more

NNPCL’s Open-Ended Timeline for Port Harcourt Refinery Dampens Hopes of Petrol Scarcity Resolution

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Port Harcourt Refinery

Ekohotblog reports that Nigerians’ optimism about the end of petrol scarcity this year has been significantly dampened following recent statements from the Nigerian National Petroleum Company Limited (NNPCL).   The company has now set an indefinite timeline for when the Port Harcourt Refining Company Limited will begin producing refined petroleum for local consumption, undermining earlier … Read more

No Official Petrol Price Set for Refinery Output – Dangote

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Petrol Price Refinery Dangote

Dangote Limited has refuted claims that it has set the price of petrol from its Lagos-based refinery at ₦600 per litre. This clarification was made in a statement issued on Tuesday night by the company’s Group Chief Branding and Communications Officer, Anthony Chiejina. The denial comes after the Independent Petroleum Marketers Association of Nigeria (IPMAN) … Read more

Former President Obasanjo Claims Sabotage Against Dangote Refinery

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Ekohotblog reports that in a recent interview with the Financial Times, former President Olusegun Obasanjo alleged that sinister forces are undermining the success of the $20 billion Dangote Refinery. Obasanjo suggested that influential figures within Nigeria’s oil and gas sector are actively working to thwart the refinery’s progress due to its threat to their lucrative … Read more

NNPC Unveils Spectacular Return Date For Kaduna Refinery Production

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Africa's Biggest Refinery

Kaduna Refinery undergoing renovation, set to resume production. Managing Director aims for 60% capacity by December 31st, 202. Senate oversight visit part of efforts to revive all national refineries. EKO HOT BLOG reports that the Nigerian National Petroleum Company Limited (NNPCL) has said the Kaduna Refining and Petrochemicals Company (KRPC) will resume production after the completion … Read more

Dangote Refinery Set To Export Two Fuel Cargoes – Reports

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Dangote Refinery

EKO HOT BLOG reports that the Dangote Petroleum Refinery has initiated tenders for the sale of two fuel cargoes for export, according to trading sources familiar with the matter. This development comes amidst the eagerly anticipated release of products from the $20bn Dangote refinery, which was inaugurated in May last year by former President Muhammadu Buhari. … Read more

Port Harcourt Refinery Set To Resume Operations Following Crude Oil Supply

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Port Harcourt Refinery

EKO HOT BLOG reports that the Port Harcourt Refinery is set to start operations following the supply of 475,000 barrels of crude oil by Shell Petroleum Development Company Limited. A statement released by Shell read, “This significant milestone was made possible through intensive preparations, collaboration and the dedication of the Bonny Oil and Gas Terminal, BOGT … Read more

Dangote Thanks Tinubu, Supporters, Nigerians As Refinery Starts Fuel Production

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Dangote refinery

EKO HOT BLOG reports that Aliko Dangote, president of Dangote Group, has expressed his gratitude to President Bola Ahmed Tinubu and other key figures for their support in bringing the Dangote Petroleum Refinery online. The refinery, a landmark project of Africa’s richest man, has begun producing diesel and aviation fuel, marking a significant step forward for … Read more

86 Terrorists Killed, 60 Illegal Refineries Destroyed In The Last Week– Nigerian Army

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Counter-terrorism: Nigeria Needs Strategy Overhaul!

EKO HOT BLOG reports that the Defence Headquarters says the military has eliminated no fewer than 86 terrorists, criminals and apprehended 101 others in different operations across the country in the last one week. The Director, Defence Media Operations, Maj. Gen. Edward Buba, disclosed this on Thursday in Abuja while giving an update on the operations … Read more

Port Harcourt Refinery Set To Complete Test-run This Month

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Refineries PH

EKO HOT BLOG reports that the Nigerian National Petroleum Corporation Limited has revealed that test runs at the 60,000-bpd Port Harcourt refinery will be completed this month. “Testing will conclude shortly, ensuring the refinery’s efficient operation. That phase will be completed this month,” Reuters quoted NNPC spokesperson, Femi Soneye, as saying. EDITOR’S PICKS [BREAKING] 2024: Tinubu … Read more

Petrol Production Set To Commence Next Week At PH Refinery – FG

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Port Harcourt Refinery

EKO HOT BLOG reports that the Federal Government has reiterated its commitment to resuming the production of petrol and Liquified Natural Gas (LNG) at the Port Harcourt Refinery following the Christmas break. This assurance comes after the mechanical completion and flare start-up of Phase one of the 210,000 barrels per day (bpd) refinery by the Nigerian … Read more

Prospects: The Long Awaited Resurgence Of Nigeria’s Local Refineries

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Nigeria, a country richly blessed with vast crude oil deposits, has continued to grapple with soaring costs of imported refined fuels. Despite over two decades of promises from successive governments to rejuvenate the country’s dormant refineries and the allocation of billions of dollars for this cause, there has been a conspicuous absence of substantial progress … Read more

Why Nigeria’s Refineries Will Never Work – Obasanjo Reveals

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Eko Hot Blog reports that former President Olusegun Obasanjo has said the four oil refineries in Nigeria will never work. The four refineries are located in Warri, Port Harcourt and Kaduna states. Editors Pick  NLC Begins Two-Day Warning Strike Subsidy Palliative: NLC Rejects N110m Allocation, Insists On N50, 000 For Each Civil Servant FG Accelerates … Read more

IPMAN Predicts Petrol Prices Below ₦200 With Functional Refineries

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Eko Hot Blog reports that the Chairman, Independent Petroleum Marketers Association of Nigeria, Rivers State Chapter, Joseph Obele, has enjoined the Federal Government to ensure that the nation’s refineries are fixed as planned. He stated that the cost of Petroleum Motor Spirit, also known as petrol, would crash below N200 per litre should the refineries … Read more

FG Committed to Ending Fuel Importation Soon – Petroleum Minister Heineken Lokpobiri

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Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, Minister of State for Petroleum (Gas), Hon. Ekperikpe Ekpo, Group CEO, NNPC Ltd., Mr. Mele Kyari, and others inspect the rehabilitation project of the Port Harcourt refinery

Eko Hot Blog reports that the Federal Government has reiterated its commitment to ending petroleum product importation soon, as efforts are being redoubled to restore the nation’s local refining capacity. This was made known by the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, during an inspection tour of the rehabilitation work progress … Read more

BREAKING: Fire Razes Port Harcourt Refinery On New Year’s Day

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Fire has razed Port Harcourt refinery on new year’s day. EKO HOT BLOG reports that fire has razed the Port Harcourt Refinery Company in Eleme Local Government Area of Rivers State.   The fire which occured on Saturday morning lasted for less than an hour and has been put out. Read Also: OAU Fresh Student Launches … Read more

El-Rufai Reveals Why Cameroon Shut Down Its Refinery

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Cameroon Shut Down Refinery

Cameroon Shut Down Refinery Because Of Cheap Fuel From Nigeria, Says El-Rufai EKO HOT BLOG reports that Governor of Kaduna state, Nasir El-Rufai has stated that Cameroon has closed down its refinery due to the cheap fuel they are getting from Nigeria. El-Rufai mentioned this on Tuesday during the opening of the World Bank’s Nigeria … Read more

What $1.5b Budgeted For ‘Loss-Making’ Refinery Can Do For Nigerians – Atiku

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What $1.5b Budgeted For 'Loss-Making' Refinery Can Do For Nigerians – Atiku

Using the money meant for the refinery to build hospitals will give citizens quality access to Healthcare – Atiku Atiku Abubakar, former vice-president, says the $1.5 billion earmarked for rehabilitating the Port Harcourt refinery should be channelled to addressing the poor state of Nigerian health sector. Recall that the federal executive council (FEC) had, in … Read more

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