Tag: petroleum industry

Dangote-NNPC deal in crisis as $5bn crude shortfall disrupts refinery operations

Business Damilola Bayonle -
Dangote-NNPC Deal Hits Turbulence Over Crude Shortfall Nigeria’s ambition to strengthen domestic refining capacity is facing a significant setback as...

NNPC unveils bold energy security strategy to attract global investors and stabilise Nigeria’s oil sector

Business Damilola Bayonle -
Nigeria’s oil sector is undergoing a strategic recalibration as the Nigerian National Petroleum Company Limited intensifies efforts to reposition...

NNPC moves to stabilise fuel supply as Dangote Refinery faces crude supply shortfall amid global oil surge

Business Damilola Bayonle -
NNPC boosts crude supply to Dangote amid price surge Nigeria’s energy landscape is undergoing a critical stress test as global...

Nigeria’s modular refineries can supply 10% of diesel demand if crude access improves – CORAN

Business Damilola Bayonle -
Nigeria’s domestic refining landscape could receive a significant boost if modular refineries are adequately supplied with crude oil, according...

Dangote refinery reaches 650,000bpd capacity, set to reshape Nigeria’s fuel market

Business Damilola Bayonle -
Dangote refinery hits full capacity — MD Nigeria’s largest privately owned refinery has reached a defining operational milestone, as the...

NNPC eyes foreign partners to revive refineries as Dangote Refinery stabilizes fuel supply

Business Damilola Bayonle -
Nigeria’s state-owned refineries, long plagued by inefficiency and low output, may finally be on the path to revitalization. The...

Nigeria’s oil output surges as crude production peaks at 554.4 million barrels in 2025

Business Damilola Bayonle -
Nigeria’s Crude Production Peaked at 554.4mb in 2025 — NUPRC Nigeria’s oil and gas sector recorded a notable performance in...

Nigeria’s fuel sector divided: Local refiners and marketers clash over fuel imports

Business Damilola Bayonle -
Local Refiners, Marketers Clash Over Fuel Imports as Debate on Nigeria’s Downstream Future Deepens Tensions within Nigeria’s downstream petroleum sector...

Fuel price competition good for consumers — NNPC promises lower prices

Business Damilola Bayonle -
Fuel Price Competition Good for Consumers — NNPC Assures Nigerians The Group Chief Executive Officer (GCEO) of the Nigerian National...

Dangote alone can’t meet Nigeria’s fuel demands: Marketers raise bold warning on petrol supply risks

Business Damilola Bayonle -
Dangote alone can’t meet Nigeria’s fuel demands — marketers caution amid price cuts and supply pressures Nigeria’s downstream petroleum market...

Dangote Honeywell seal strategic partnership to double refinery capacity by 2028

Business Damilola Bayonle -
Dangote Honeywell refinery expansion: Strategic partnership to scale output to 1.4 million bpd The Dangote Petroleum Refinery has taken a...

FG launches transformative Nigerian content equity fund to boost indigenous oil and gas growth

Business Damilola Bayonle -
Nigerian Content Equity Fund to Transform Local Capacity in Oil and Gas The Federal Government has announced the unveiling of...