Bellazir Energy Ltd., a forward-looking player in Nigeria’s downstream petroleum industry, was officially launched today at a landmark event held at the Radisson Blu Hotel, Victoria Island, Lagos. The company, led by Christabel Aniemeka, is poised to revolutionize fuel distribution in Nigeria through innovation, reliability, and a strong commitment to sustainability. “Today, we gather not […]

Six vessels carrying about 1.7 million barrels of jet fuel from the Nigeria’s Dangote refinery have arrived at U.S. ports this month, Reuters has reported and confirmed by the data from ship-tracking service company Kpler . It was also reported that another vessel, Hafnia Andromeda, is set to arrive at the Everglades terminal on March […]

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has sealed a partnership with Dangote Group and MRS Holdings to enhance the efficiency of petroleum product distribution across the country. The Association, in a statement signed by its National Public Relations Officer (PRO), Dr Joseph Obele, said the partnership will enable Nigerians to get the […]

…Applaud Bold Transformation Former Group Managing Directors (GMDs) of the Nigerian National Petroleum Company Limited (NNPC) have praised the current management team of NNPCL, led by Mr. Mele Kyari, for the impressive rehabilitation of the Port Harcourt Refinery. After an on-site inspection of the facility, they described the transformation as “magic.” The former GMDs were […]

Nigeria must enhance its crude oil production capacity and effectively manage its crude supply to ensure adequate feedstock for domestic refineries, to transit from a net importer to a net exporter of petroleum products. Chairman of Dangote Refinery and Petrochemicals Company Limited, Aliko Dangote, made this assertion during his keynote address at a summit held […]

The Nigerian business morgue and African richest man Aliko Dangote has reiterated the ability of his refinery to pull down the present high cost of diesel also know as Automotive Gasoline Oil (AGO) in Nigeria which its resultant effect will bring succor to present inflation woes beig experience in the country. The chairman of Dangote […]

The Nigerian National Petroleum Company Retail Limited a petroleum distribution and retailing downstream arm of NNPCL Group has signed a strategic partnership agreement with Azikel Petroleum Limited in the area Petroleum Products Sales and Purchase Agreement. The ground breaking ceremony is an healthy development for the downstream sector of the Nigerian oil and gas industry […]

Shell Nigeria has said on Friday February 9, 2024 that the company has resumed supply of crude oil from its Bonny export terminal to the state-owned refinery in Port Harcourt which is expected to start operations in the first quarter of this year, the company said on Friday as Reuters said. According to report available […]

The Prax Group has signed a Sales and Purchase Agreement (SPA) to acquire a 36.36% interest in National Petroleum Refiners of South Africa refinery (Natref) from TotalEnergies. Natref is a Joint Venture (JV) between TotalEnergies Marketing South Africa and Sasol (63.64%). The transaction is subject to customary approvals, consents, and authorisations. The Prax Group has […]

Kuwait’s oil sector said that the nation’s energy companies have achieved unprecedented high profits margins of KD 2.6 billion (USD 8.4 billion) for the fiscal year to year 2022/2023 given credit to soon operation of the nation’s world biggest refinery and the exceptional feats of the experienced staff. According to a news source Zawya, The […]