AGS NEWS – Nigerian businessman Tony Elumelu has called on the government and security agencies to identify those responsible for stealing the country’s crude oil, especially using vessels that navigate through Nigeria’s territorial waters. Elumelu made these remarks in an … Continue reading Govt should tell us those stealing crude with vessels – Elumelu
AGS NEWS – The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to amend the Domestic Crude Supply Obligations Regulations 2023. This was disclosed in a notice signed by NUPRC Chief Executive, Gbenga Komolafe, on Thursday. In addition to … Continue reading NUPRC set to amend domestic crude supply regulations
AGS NEWS – Dangote Industries Ltd. has praised the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its efforts in addressing the company’s crude supply requests from International Oil Companies (IOCs). In a statement on Wednesday in Lagos, Mr. Devakumar Edwin, … Continue reading Dangote praises NUPRC’s efforts in securing crude supply
The initial crude feedstock for Dangote’s 650,000 barrels per day (b/d) refinery has reached Nigeria, marking a significant development towards the commencement of fuel production at the $19 billion facility, as reported by SP Global, citing market sources and tanker … Continue reading Dangote refinery receives inaugural crude supply
Africa’s wealthiest man, Aliko Dangote, reveals that his refinery has obtained a license to refine over 300,000 barrels of Nigerian crude per day, anticipating the commencement of gasoline production in the near future. Speaking at the Saudi-Nigeria business roundtable in … Continue reading Dangote refinery granted license for 300,000bpd crude processing
The Nigerian National Petroleum Company Limited (NNPC) announced on Tuesday that it has introduced a new crude oil grade called ‘Nembe’ and has already shipped its inaugural cargo in October, comprising two shipments of 950,000 barrels each. The first cargoes … Continue reading NNPC introduces new crude grade and ships 1.9 million barrels in October
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