Downstream

Latest Downstream News

NNPC admits early operation of Port Harcourt refinery was premature, economically unviable

"...selling is highly unlikely as it would lead to further value erosion"…

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MEMAN warns of looming gas supply crisis, recommends urgent development of new fields amid rising demand

... recommends structured financing, price clarity to boost CNG market Oredola Adeola…

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PETROAN decries policy bias, says retail outlets now dumping grounds for inconsistent regulations

...demands true market liberalisation, rejects monopoly by mega facility operator Oredola Adeola…

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 NLNG ET Manager urges FG to adopt homegrown energy transition strategy, condemns ‘copy-paste’ approach

...raises concerns over gas flaring, reinjection amid lack of commercial frameworks despite…

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32nd AGM: Eterna Plc reports ₦4.48bn pre-tax profit in 2024

...reverses ₦11.9bn loss with 136% gross profit surge ...shareholders ratify appointment of…

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NSML identifies skilled maritime workforce development as key to navigating global regulatory changes

... wins AMJON's Maritime Excellence Service award for driving sustainable shipping, sector transformation…

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130 indigenous companies benefit from $400m NCI fund as of July 2025- NCDMB

says, "Oil firms’ low 1% NCDF remittance compliance limits indigenous applicants' access…

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NNPC Ltd delivers 35 hybrid CNG buses to Pi-CNG to boost auto-gas use, reduce petrol dependency

...records progress on gas supply, infrastructure, distribution, retail outlets Oredola Adeola The…

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NLNG CEO urges stakeholders to shift from rhetoric to performance for global competitiveness

...calls for asset integration, capital efficiency to unlock long-term value in gas…

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NNPC meets JV cash call obligations, achieves 100% pipeline availability

... as Ojulari sets new KPIs: $60bn investment, 3mbpd crude output, 12bscf/d…

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