Again, Dangote Crashes Diesel Price

Again, Dangote Crashes Diesel Price

Dangote Petroleum Refinery, on Tuesday, announced a further reduction of the price of diesel from N1,200 to N1,000 per litre. While rolling out the products, recently, the refinery supplied at a reduced price of N1,200 per litre, representing over 30 per cent...
read more
Wabote Canvases Increased Crude Oil, Gas Production To Avert Importation for Refineries

Wabote Canvases Increased Crude Oil, Gas Production To Avert Importation for Refineries

The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has warned that Nigeria might resort to importing crude oil for its upcoming and existing refineries if concerted efforts are not made to increase the ...
read more
Saudi Arabia Pledges Support For CBN, Nigeria’s Refinery

Saudi Arabia Pledges Support For CBN, Nigeria’s Refinery

The government of Saudi Arabia has promised to support the reforms being implemented by the Central Bank of Nigeria and also revamp Nigeria’s existing refineries through its state-owned oil company, Aramco during a bilateral engagement between President Tinu...
read more
Wabote: Two Edo Refineries To Boost Nigeria’s 1.5m bpd Refining Capacity By 2025

Wabote: Two Edo Refineries To Boost Nigeria’s 1.5m bpd Refining Capacity By 2025

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has said that the two refineries in Edo State, the Edo Refinery and Duport Midstream Refinery, which are currently refining pet...
read more
Minister Reiterates FG’s Commitment To End Petroleum Importation, Inspects Port Harcourt Refinery

Minister Reiterates FG’s Commitment To End Petroleum Importation, Inspects Port Harcourt Refinery

The Nigerian Government on Friday, reiterated its commitment to end petroleum product importation soon, adding that efforts are being redoubled to restore the nation’s local refining capacity. This was made known by the Minister of State for Petroleum Resour...
read more
Edo Based Ethanol Refinery Targets $29m Per Annum

Edo Based Ethanol Refinery Targets $29m Per Annum

The Greenhill Ethanol Plant in Ologbo, Ikpoba Okha Local Government Area of Edo State, has been projected to meet 5.8 percent of Nigeria’s ethanol needs and rake in about $29 million in revenue yearly at full capacity. The projections were...
read more
Edo Modular Refineries Hit 300,000 bbls Crude Order

Edo Modular Refineries Hit 300,000 bbls Crude Order

Duport Midstream Company Limited (DMCL), which operates the 2500 barrels per day (bpd) modular refinery in Egbokor, Orhionmwon Local Government Area of Edo State, has placed an order for 100,000 barrels of crude (bbls) from Oza oil OML 11, operated...
read more
Photo News

Photo News

read more
Edo Refinery Places Order For 200,000 Barrels Of Crude

Edo Refinery Places Order For 200,000 Barrels Of Crude

Edo Refinery and Petrochemicals Company Limited (ERPC), has placed order for 200,000 barrels of crude from Oza Oil Field operated by Decklar Resources and Millenium Oil and Gas Company.  Edo Refinery was established with the injection of N700 mi...
read more
Edo Refinery Orders 150,000 Barrels Of Crude

Edo Refinery Orders 150,000 Barrels Of Crude

The Edo Refinery has placed an order for the supply of 150,000 barrels of crude from Decklar Resources Inc and Millennium Oil and Gas Company.  The refinery was developed by the Edo Refinery and Petrochemical Company Limited (ERPC) wit...
read more
Edo Refinery Begins Production

Edo Refinery Begins Production

Edo State Government-backed Edo Modular Refinery has commenced production at its 6,000bpd plant in Ologbo, Ikpoba Okha Local Government Area.  A statement sent to City Business News on Tuesday explained that the facility with its feedstock can produce 50 ...
read more
At NCDMB Summit, FG Seeks Domestic Refining Capacity Synergy

At NCDMB Summit, FG Seeks Domestic Refining Capacity Synergy

By Moses Ebosele, ebosele@hotmail.com   — The Federal Government has called for synergy among stakeholders in the midstream and downstream sector as part of measures to strengthen local content and boost the country’s domestic refining capacity. In ...
read more
A’Ibom Unveils Coconut Oil Refinery, Targets 3,000 Jobs 

A’Ibom Unveils Coconut Oil Refinery, Targets 3,000 Jobs 

The Akwa Ibom State Government has commissioned what its described as Africa’s first digital coconut oil refinery   Commissioning the factory located in Ikot Akpan Okop village in Mkpat Enin Local Government Area on Friday,  former G...
read more
Dangote Refinery To Reduce Africa’s Petroleum Importation by 36%, Says APPO

Dangote Refinery To Reduce Africa’s Petroleum Importation by 36%, Says APPO

African Petroleum Producers Organisation (APPO) has said that the establishment of Dangote Oil Refinery will bring about a 36 per cent reduction in the importation of petroleum productions into the continent. Besides, the organisation expressed a belief that t...
read more