Oil Marketers Want FG to Privatise Kaduna, Warri Refineries
Wedoany.com Report-Jan 6，Oil marketers, represented by the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), have called on the Federal Government to privatise state-owned refi...
Asia’s EV Boom Sours Appetite for Nigeria’s Oil
Wedoany.com Report-Jan 10，The growing adoption of electric vehicles (EVs) and liquefied natural gas (LNG) as preferred energy sources in Asia has continued to weaken Nigeria’s crude oil export ea...
Dangote Refinery Builds Eight More Tanks for Imported Crude
Wedoany.com Report-Jan 10，The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil. A report by Africa Report has it that the refinery is ram...
Aba Power Raises Electricity Tariffs After NERC Approval
Wedoany.com Report-Jan 9, A Nigerian electricity distribution company, has announced a more than 50 per cent electricity tariff hike for customers within its franchise in Abia State. The company discl...
Seplat to Revive 400 Idle Oil Wells, Set to Hit Over 120,000 BPD After Buying Mobil Assets
Wedoany.com Report-Jan 8，Nigeria’s Seplat Energy plans to revive 400 idle oil wells to meet its over 120,000 barrels per day crude production in the coming months, the company’s top managem...
MDAs Spent N22bn on Solar Installations in 2024 – Report
Wedoany.com Report-Jan 7，Federal ministries, departments, and agencies collectively spent a total of N22,782,065,914.14 on various solar power installations across Nigeria in 2024. The expenditures, ai...
BUA’s 200,000bpd Oil Refinery Progressing, Not 90% Completed Yet
Wedoany.com Report-Jan 6,Emmanuel Addeh in Abuja The BUA group yesterday clarified that although its 200,000 barrels per day crude oil refinery located in Akwa Ibom, South-south Nigeria, was progressi...
Nigerian Govt Targets 3M Bpd Oil Production by 2025 – Lokpobiri
Wedoany.com Report-Jan 5,The Federal Government has announced plans to collaborate with the Nigerian Navy to achieve its target of 3 million barrels per day, bpd, in crude oil production by 2025. Nige...
New Refineries: NNPCL May Cut Crude Supply to Dangote Plant
Wedoany.com Report-Jan 3,The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation of 300,000 barrels per day, except if there is a...
Nigeria’s 2 Million Bpd Oil Production Target Under Threat
Wedoany.com Report-Dec 30,The Central Bank of Nigeria (CBN) has raised concerns about the ageing pipeline infrastructure and operational inefficiencies, identifying them as key factors responsible for...