The Dangote refinery said it never accused the National Petroleum Company Limited (NNPC Ltd) of not supplying the company with crude. The company in a statement on Thursday by its Group Chief Branding and Communications Officer, Anthony Chiejina, made this known in reaction to reports alleging that it has backtracked by acknowledging that NNPC supplied … Read more
The House of Representatives has resolved to set up an ad hoc committee to investigate the alleged conspiracy by international oil companies (IOCs) against Dangote Refinery. The yet-to-be-constituted committee will also probe the inability of NNPC Limited to acquire the 20 per cent stake in the Dangote refinery, a 650,000 barrels per day refinery located … Read more
The Niger Delta Development Commission (NDDC) has appealed to International Oil Companies (IOCs) to defray the $700 million debts they owe the commission. The Managing Director of the commission, Samuel Ogbuku, made the appeal during a virtual media tour of the commission’s projects in the Niger Delta region and sensitisation engagement with media executives across … Read more
The Nigerian government on Tuesday said international oil companies (IOCs) are not leaving the country but only shifting their portfolio and further investments to deep offshore. Nigeria’s Minister for State, Petroleum Resources (Oil), Heineken Lokpobiri, disclosed this at the opening ceremony of the 7th edition of the Nigeria International Energy Summit (NIES 2024) held at … Read more
