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NEWS

N712m stolen crude recovered, 96 terrorists killed in one week — DHQ

The Defence Headquarters has said troops, during operations in the Northern parts of the country, killed 96 terrorists and arrested 227 suspects. The DHQ noted that among those arrested was a terrorist commander identified as Usman Maisaje. In a statement on Friday, the Director of Defence Media Operations, Major Geneneral Buba Edward, said Maisaje was a close associate of a wanted high-profile terrorist leader known as Kachalla Boka. He added […]

todayOctober 18, 2024 6

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NEWS

Libya denies talks with Dangote refinery over crude supply

Libya’s National Oil Corporation has denied that it was in talks to supply crude oil to any refinery in Nigeria, including the Dangote refinery. This is coming following claims by some top refinery officials that the refinery was in talks with Libya for crude supply. But in a statement shared on its X handle on Sunday, the Libyan oil corporation denied negotiating or entering into talks regarding the crude oil […]

todayJuly 29, 2024 8 1

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BUSINESS

Shell supplies 475,000 barrels of crude oil to P’Harcourt refinery

The Shell Petroleum Development Company of Nigeria Limited said it has completed the supply of 475,000 barrels of crude oil to the Port Harcourt Refining Company Limited. The SPDC said this was in furtherance of the Federal Government’s commitment to increase domestic refining capacity and make petroleum products more readily available in the country. A statement by Shell Nigeria’s Media Relations Manager, Abimbola Essien-Nelson, on Monday disclosed that the company, […]

todayFebruary 12, 2024 35

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BUSINESS

Army uncovers Rivers illegal reservoirs with N3m stolen crude

Addressing newsmen, he said, “You can see that this place is in a deep forest even if you are using helicopters and military drones you will not be able to see what we actually saw here on the ground. Credible intelligence led us to this location. “We have discovered so many illegal activities. As you can see, we have seen reservoirs that can contain upwards of 200, 0000 litres of […]

todayJanuary 19, 2024 10

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BUSINESS

Dangote refinery secures licence to refine 300,000bpd crude

Africa’s richest man, Aliko Dangote, has said his refinery has secured a licence to refine more than 300,000 barrels of Nigerian crude per day and will begin to process gasoline soon. “We don’t want to start our refinery with foreign goods, we want to start with the Nigerian crude,” Dangote said in an interview in Riyadh on the sidelines of the Saudi-Nigeria business roundtable, according to Bloomberg. “We’re more than […]

todayNovember 13, 2023 89

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