Barrels – InfoStride News

Dangote refinery says it shipped one million tonnes of petrol abroad in just fifty days

Temitope Nlewemchi — Tue, 22 Jul 2025 15:29:47 +0000

Dangote Petroleum Refinery has announced that it reached a remarkable milestone by exporting one million tonnes of petrol within just fifty days of ramping up its production. This achievement, the refinery stated, highlights its rapid ascent from a national supplier to a formidable player in the global refined fuels market—signaling Nigeria’s evolving energy independence and [...]

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Dangote Refinery Upgrades Capacity to 700,000 Barrels per Day

Temitope Nlewemchi — Sun, 20 Jul 2025 11:26:18 +0000

The Dangote Petroleum Refinery, situated in the Lekki Free Trade Zone of Lagos State, is embarking on a major expansion project aimed at increasing its refining capacity from the current 650,000 barrels per day (bpd) to an upgraded 700,000 bpd. This strategic move underscores the company’s commitment to enhancing Nigeria’s domestic refining capabilities and reducing [...]

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FG Approves License for 10,000 Barrels Per Day Refinery

Temitope Nlewemchi — Thu, 23 Jan 2025 11:02:35 +0000

The Federal Government has granted approval for the establishment of a refinery with a capacity to process 10,000 barrels of crude oil per day. This move is part of ongoing efforts to boost local refining capacity, reduce reliance on imported petroleum products, and enhance energy security in Nigeria. The refinery, which will be privately owned [...]

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Port Harcourt Used To Refine 60,000 Barrels Of Oil Per Day – Buhari

David Folami — Mon, 29 Jan 2018 05:12:28 +0000

Muhammadu Buhari has promised that the income accrued by Nigeria on rising oil prices will be spent on infrastructural development. He said hat the extra funds outside the provision of year 2018 budget “will be deployed to infrastructure projects like roads, rail, and power, for the good of our people, and for the development of [...]

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Nigeria Pumps Two Million Barrels Of Oil A Day – Kemi Adeosun

David Folami — Mon, 04 Sep 2017 13:24:51 +0000

Kemi Adeosun, broadcasted a live Facebook session on her Facebook page recently. The broadcast is a fulfillment of the Federal Government’s Tax Thursday initiative under the new Voluntary Assets Income Declaration Scheme (VAIDS). According to Adeosun, “Oil economies tend to have a lot of oil and very few people. Saudi Arabia has 30 million people [...]

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Crude Oil Production Rises To 2m Barrels Daily – Kachikwu

David Folami — Thu, 16 Feb 2017 00:24:03 +0000

Nigeria’s crude oil production has risen to two million barrels per day, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has said. Kachikwu said the country now produces additional 200,000 barrels per day, up from the 1.8 million bpd recorded in recent times. He disclosed this when he met with the House of [...]

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Ali Modu Sheriff, Jimoh Ibrahim Are Empty Barrels – Eyitayo Jegede

David Folami — Wed, 14 Sep 2016 02:14:35 +0000

Peoples Democratic Party (PDP) governorship candidate in Ondo State, Eyitayo Jegede has described factional Chairman of the party, Ali Modu Sheriff as an “empty barrel”. The Sheriff faction of the party has presented businessman, Jimoh Ibrahim as its own candidate for the state’s coming governorship elections. Jegede made the comments on Monday, September 12, 2016, [...]

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